Our new tutorial concerns monitoring, an important process in most organisations. It is critical for the effectiveness of risk management and control assurance.
The tutorial addresses several aspects of monitoring:
- Monitoring the business environment and indicators associated with the causes of risks, primarily for risk owners to ensure their perspectives of and assumptions about the risks for which they are responsible remain valid
- Monitoring indicators of control performance and control management, primarily for control owners who are responsible for monitoring critical controls and maintaining their effectiveness, and for assurance providers at Line 2 and Line 3 of the three lines of assurance (discussed in an earlier tutorial here).
Read the full tutorial here.
You can access all five of our controls tutorials here.