What Is Continuous Controls Monitoring? 5 Things You Need to Know
Continuous Controls Monitoring In today’s dynamic business environment, maintaining robust internal controls is paramount. Traditional, periodic audits are no longer sufficient to keep pace with evolving risks and regulatory demands. This is where Continuous Controls Monitoring (CCM) comes into play. What is Continuous Controls Monitoring (CCM)? CCM is an automated and ongoing process of assessing and evaluating the effectiveness of internal controls within an organization. Unlike manual audits conducted at fixed intervals, CCM leverages technology to continuously monitor key controls and provide real-time insights into their performance. Here are 5 key things to know about CCM: Real-time Visibility: CCM provides real-time visibility into control performance, enabling organizations to identify and address issues proactively. Enhanced Risk Management: By continuously monitoring controls, organizations can identify and mitigate emerging risks before they escalate into s...