ENHANCING PAY PROCESSES THROUGH AN AGILE APPROACH TO MONITORING CONTROLS
by Hicham Agoumi, Director, Financial Policy, Systems and Controls at Environment and Climate Change Canada
Assessing the design and operational effectiveness of key controls is essential to good management, and is an important task that auditors regularly perform. In this article, Hicham Agoumi describes how, using data analytics and an agile approach, internal control specialists and auditors can enhance pay processes by providing valuable assurance and advice.
The initiative presented in this article was undertaken by Environment and Climate Change Canada’s Internal Control team. This team was tasked with providing timely additional assessments of the accuracy of salary expenditures processed by the federal government’s Phoenix pay system.Read the Article