Controlling Assesment Based on COSO Guidance
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Implement COSO guidance to drive continuous monitoring and establish compliant internal controls
COSO guidance is designed to assist companies in ensuring the effectiveness of their financial, operational, and compliance-related internal controls. Continuous monitoring technology that meets the COSO requirements can also monitor direct information on the performance of internal controls to deliver the most persuasive feedback regarding the internal control system’s operational effectiveness.
Learn how employing technology solutions can provide ongoing, real-time monitoring that will improve operational performance through both detective and preventive functionality, and enhance external confidence in reporting and results.
Mr. Taylor is recognized as a leader in the convergence of controls monitoring, information security and the implementation of technology to boost corporate governance. As CEO of Oversight Systems, Patrick is responsible for understanding customer needs for operational governance and making sure those needs are met in Oversight's product development. Patrick recognized that most IT security and financial system controls focus on user access and role management but don't address the need to understand the integrity of what people do in their authorized roles and activities. After speaking with executives from across the country, Patrick launched Oversight Systems to pioneer the concepts and technology for transaction integrity monitoring.