Auditors should pay
close attention to how
management reports on
risks that may impede the
organization's progress.
management may review some metrics
quarterly, but operational management
might review similar metrics monthly or
weekly to make timely decisions. Moreover,
if reports are sent to senior management
more frequently than necessary, or
if they contain too much detail or are not
easy to generate, the organization could
be expending resources unnecessarily.
Executives may not be able to focus on
what really matters if the volume of information
they receive is too high.
HOW ACCURATE AND TIMELY IS THE