What is continuous audit?

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  • What is continuous audit?


Answer #1 | 25/04 2012 08:56
An audit where all the inventory coming in and going out all goes in the computer immediately. Then you have the on hand figures at once.
Positive: 33 %

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Today, most finance and audit executives are aware of continuous controls monitoring (CM) and continuous auditing (CA) and the benefits of such programs.
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The Need for a Continuous Auditing/Continuous Monitoring: ... Continuous auditing changes the audit paradigm from periodic reviews of
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Continuous Auditing Whether or not your audit shop has the latest automated technology, continuous auditing may be an effective option for you.
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Recommendations for an Effective Continuous Audit Process. Understanding what continuous auditing does, how it works, and ways to get started will help ...
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