Audits are conducted by humans and based on exceptions that occur to the normal business process. Without a continuous audit process, organizations are at a higher risk of employee non compliance and fraud.
Goals and Objectives
Continuous audit enables organizations to trust and verify automatically all information captured within a system,. Internal audit is done continuously with exceptions generated by technology for further investigation by humans.
Enterprise hardware, personal devices, cloud, Big Data and analytics, mobile, applications, business consulting, and cognitive technologies
Use Case Summary
Audit becomes continuous when business processes are tied to business rules to ensure the right behavior. Continuous audit generates exceptions for further review either by random exception generation or even a finely tuned exception error message which requires further exploration by a human.