（2006）continuous audit on the rise.pdfVIP

UPDATE GAO Revises Yellow Book Continuous Auditing on the Rise IRMT Provides Records Management Tools Yale institute to Study Governance Updated Fraud Detection Advisories COSO Small-business Guide Released I ORE INTERNAL AUDIT DEPARTMENTS ARE ADOPTING continuous auditing tools and techniques, according to two recent surveys. Fifty percent of internal auditors surveyed for PricewaterhouseCoopers (lAvCs) joo6 State ofthe Internal Audit Profession Study say their department has continuous auditing in place — up from 35 percent last year. Another 31 percent say their department has plans to implement con- tinuous auditing. In a separate study by audit software company ACL Ser- vices Ltd. and The IIA, 36 percent of large company audit executives surveyed reported that their organization has implemented continuous auditing, while 38 percent plan to do so in the near future. Ninety percent of respondents in the ACL/IIA New Demands, New Priorities surv