Overview:The entity evaluates and communicates internal control deficiencies in a timely manner to those parties responsible for taking corrective action, including senior management and the board of directors, as appropriate. Action Items:1) Inquire... Read More
Monitoring Activities
Overview:The entity selects, develops, and performs ongoing and/or separate evaluations to ascertain whether the components of internal control are present and functioning. Action Items:1) Create a threat and vulnerability management policy and... Read More