Manage GRC key risk and control indicators

Continuous monitoring involves activities related to identifying and creating key risk and controls indicators. Supporting information can be collected for those indicators through automatic data collection or manual tasks. Indicator results are then used to create issues for controls, update risk scores, and provide supporting information for audit activities and control testing.

Indicators collect data to monitor controls and risks, and collect audit evidence. Indicators monitor a single control or risk.

Indicator templates

Indicator templates allow the creation of multiple indicators for similar controls or risks.

• Engagement Overview
  The Engagement Overview is contained in the Audit Management application and provides an executive view into audit results, engagement breakdowns by task, and allows areas of concern to be identified quickly.
• Create a GRC indicator
  Create an Indicator to monitor the controls and risks and collect evidence of performance.
• Create a GRC indicator template
  Compliance or risk managers create indicator templates from which many indicators can be created.