| Description |
88 pages : illustrations ; 24 cm |
| Series |
Monograph Ser |
|
Monograph Ser
|
| Summary |
"Over the last few decades businesses in Australia and around the world have been utterly transformed by powerful information technologies, from the PC and the internet to email and cellular phones - to the extent that a new type of economy is said to have been created: the 'Now Economy' which is characteriesed by 24/7/365 globalised operations, customer interaction and management decision making. By contrast, the way in which these entities are audited has not experienced an equivalent evolution. Over the last century, external auditors have tended to examine an entity only once a year and listed entities themselves only report quarterly in many parts of the world and half yearly in Australia, even though the capability exists for both reporting and auditing on a much timlier basis. The emerging field of Continuous Assurance attempts to better match internal and external audting practices to the reality of the IT-eanbled entity in order to provide stakeholders with more timely assurance. The dramatic collapse of leading banks around the world makes it all the more important that external and internal auditors take full advantage of modern technology to provide shareholders and managers with the most timely and relevant assurance."--P. 7 |
| Analysis |
Accounting (Australia) |
|
Economics (Australia) |
| Bibliography |
Includes bibliographical references (pages 82-83) |
| Subject |
Audit cycles -- Technological innovations.
|
|
Auditing -- Technological innovations.
|
|
Auditor-client relationships.
|
|
Information technology -- Auditing.
|
|
Knowledge management.
|
| Author |
Alles, Michael.
|
|
Williams, Katie T
|
|
Institute of Chartered Accountants in Australia.
|
| ISBN |
9781921245688 (paperback) |
|
(Trade Paper) |
|
