ABSTRACT

Finding that answer satisfactory, the next question was a relatively innocent one, but one with very serious and consequential implications. “The explanation can be a bit lengthy but in summary control-based is prescriptive, reviewing controls because they’re there and following scripts and checklists previously created. There was a lull in the conversation as the audit committee members seemed to be digesting the information received, what they heard, and whether they still harbored any reservations about the progress they were hearing about. Lunch was delivered to the office, which provided additional opportunities to socialize. Fewer administrative requirements, plans to expand the team’s number, new collaboration tool and favorite club,” John said acknowledging Brian’s contribution and using his energy to rally the team. The feedback was very positive, and they said they were looking forward to getting together again.