Explain how continuous monitoring makes audit readiness easier than last-minute evidence collection.
The reframe: readiness is a control habit, not a document hunt. The system view COSO treats internal control as a connected system. A control activity is only one part of that system. The environment makes ownership clear, risk assessment explains why the control matters, information and communication move evidence to the right people, and monitoring checks whether the control still works. The evidence moment Every recurring control needs a planned evidence moment. That moment answers five questions: what population was covered, who performed the control, what they compared or reviewed, what exceptions appeared, and who resolved or accepted them. When…
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