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Governance, Risk, Audit & Privacy · Intermediate

Continuous Auditing

Performing audit procedures on an automated, frequent, or real-time basis.

Definition

Continuous auditing uses techniques such as embedded audit modules, audit hooks, and automated analytics to provide timely assurance. It is distinct from continuous monitoring, which is a management activity. It is best suited to high-volume, automated environments.

Example

An audit script runs nightly to flag journal entries posted on weekends by unusual users.

Exam tip

Continuous auditing is performed by audit; continuous monitoring is performed by management.

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