Something to Consider August 2019 2
What do these newer technology tools ACTUALLY do? They provide some level of assurance that the data, and possibly the transactions, are free from error.
But do they provide any assurance that the internal controls are effective?
Enjoy our article of the week from Norman Marks on ensuring that we aren’t fooled into thinking that by having efficient data, that this is the same as having an effective set of controls. You can find it here.