Continuous auditing technologies and models: A discussion
In the age of real-time accounting and real-time communication current audit practices, while effective, often provide audit results long after fraud and/or errors have occurred. Real-time assurances can assist in preventing intentional or unintentional errors. This can best be achieved through continuous auditing which relies heavily on technology. These technologies are embedded within and are crucial to continuous auditing models.
continuous auditing real-time assurances information integrity internal controls technology-based prevention