(LO 5-3) Analysis: Implementing continuous auditing procedures is similar to automating an audit plan with the additional...

Question:

(LO 5-3) Analysis: Implementing continuous auditing procedures is similar to automating an audit plan with the additional step of scheduling the automated procedures to match the timing and frequency of the data being evaluated and the notification to the auditor when exceptions occur. In your opinion, will the traditional audit be replaced by continuous auditing? Support your answer.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

ISE Data Analytics For Accounting

ISBN: 9781265094454

3rd Edition

Authors: Ryan A. Teeter, Vernon Richardson, Katie L. Terrell

Question Posted: