Designing Continuous Auditing for a Highly Automated Procure-to-Pay Process

ABSTRACT

To provide real-time assurance, auditors must rely on continuous auditing. Although the need for continuous auditing is readily apparent, not many auditors have experience in implementing or relying on it. The purpose of this writing is to illustrate how Chan and Vasarhelyi's (2011) stages of continuous auditing might be instantiated...more