Maintain a centralized repository
A strong testing program enables you to provide evidence that your controls are working effectively to any stakeholders, be that your board, external auditors or examiners. Keeping a centralized repository of all of the testing you’re performing allows you to easily produce evidence on the overall strength of your program. Should any stakeholder wish to drill into those results further, you’ll be able to provide them with those details.
Identify areas for improvement
As an auditor, it’s your job to determine where there are opportunities to improve your programs so that your organization can defend itself against undue risk. By performing ongoing reviews of your controls, you can easily identify areas where you’re less protected than you may have realized and ultimately redesign controls for reinforcement.