Question: companies are using data analytics tools to develop continuous monitoring approaches to identify control problems early and to take corrective action on a timely basis.

companies are using data analytics tools to develop continuous monitoring approaches to identify control problems early and to take corrective action on a timely basis.

a. Explain how the concept of concept of continuous monitoring might be applied in a computerized application that processes sales orders and records sales.

b. Select on the following websites:

www.oversightsystems.com

www.acl.com

Explain the types of products that each company provides and how the products might help other companies implement effective monitoring over computer operations. To what extent are the software products (1) another control to be implemented versus (2) an approach to control monitoring? Explain.

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