September 27, 2010

Commonwealth Bank of Australia: Merging powerful audit insights with technology

By Nancy Hala, KnowledgeLeader contributing writer

Commonwealth Bank, one of the largest companies listed on the Australian Stock Exchange, provides integrated financial services to clients. In this profile, Rachel Grantham, head of Strategy and Operations for Group Audit at Commonwealth Bank, states that a key team objective “is to ensure our people have the right audit methodologies, tools and processes to execute high-quality audit reviews and deliver optimum value to the business.” Grantham describes how her team achieves this through data analytics and continuous monitoring.