DAY 83 OF 100 AUDIT LESSONS · Risk & Controls
Continuous Monitoring Belongs to Management
Management monitoring and internal audit assurance are related but they are not the same responsibility.
Why this matters
Understand who owns the control and preserve audit independence.
Take it into your next audit
Do not treat this lesson as theory. Connect it to the process objective, the risk, the control and the evidence available. Ask what the lesson changes about the way you plan, test, discuss or report your work.
Auditribe takeaway: Understand who owns the control and preserve audit independence.
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