（2006）Continuous Auditing Through Leveraging Technology.pdfVIP

Copyright © 2006 ISACA. All rights reserved. . Continuous Auditing Through Leveraging Technology By Srinivas Sarva, CISA “The world we have created today as result of our What Is Continuous Auditing? thinking thus far has problems which cannot be Continuous auditing is “a methodology that enables solved by thinking the way we thought when we independent auditors to provide written assurance on a subject created them.” matter using a series of auditors’ reports issued simultaneously —Albert Einstein with, or a short period of time after, the occurrence of events 3 underlying the subject matter.” A continuous audit relies “Use technology to actually audit as opposed to heavily on information technologies such as broad bandwidth, using technology to automate manual auditing web application server technology, web scripting solutions and procedures.” ubiquitous database management systems with standard —Comments from Big 4 Audit Partners1 connectivity. Open database architecture empowers auditors to monitor a ith companies’ annual reports ceasing to be corporate company’s systems over the Internet using se