Monitoring Control Systems

It takes time to set up a good control system. But it can be a waste of time if the issues identified by the system never get reported to management, such that meaningful corrective action never takes place. What is required is a good monitoring system., that results in these issues being reported effectively and on a timely basis. Setting up a monitoring system that works is an essential part of a control system. The AICPA has published a booklet "Guidance on Monitoring Control Systems" that can be helpful in this process. The booklet can be purchased from the AICPA site.