（2001）Continuous Audit Implications of Internet Technology：Triggering Agents Over the Web in the Domain of Debt Covenant Compliance.pdfVIP

Proceedings of the 34th Hawaii International Conference on System Sciences - 2001 Continuous Audit Implications of Internet Technology: Triggering Agents Over the Web in the Domain of Debt Covenant Compliance Jon Woodroof University of Tennessee jwoodroof@ DeWayne Searcy University of Tennessee dsearcy@ Abstract reservation, order groceries, and even make a car purchase with customized specifications. Thanks to our new e- The Canadian Institute of Chartered Accountants and culture, we have acquired a taste for instant information, the American Institute of Certified Public Accountants and it is already too late to turn back. have together called on the research community to show This new culture is having an impact on the information how continuous audit (CA) could be implemented in expectations of decision-makers and other users of various auditing domains. In response to this call, we financial information. Users are becoming less willing to look at the domain of debt covenant compliance, and we accept static, periodic financial statements presented in a utilize Cold Fusion, a leading web applications