（2007）Continuous Auditing From a Practical Perspective.pdfVIP

Copyright © 2007 ISACA. All rights reserved. . Continuous Auditing From a Practical Perspective By Kevin Handscombe, CISA, ACA potential investor might want to know the state of a ontinuous auditing has become a hot topic, with the company’s affairs on the day that he/she makes a stock fire being stoked by governance and regulation, such purchase decision, not what it was at some point in the past Cas the need to comply with section 404 of the US covered by the last set of published accounts. These types of Sarbanes-Oxley Act. The article on continuous audit by opinions are rare, and there has been little demand for them 1 Srinivas Sarva in volume 2, 2006, of the Information Systems in the past. However, it is possible that this position may Control Journal raised some interesting points, as did the change in the future, and the profession needs to be ready. IssuesComments column in the same issue. This article These three elements are each built upon (and depend provides an overview of progress in continuous auditing, upon) the one before. Continuous auditing needs continuous providing practical insight into what works and what does not. monitoring systems to be in place to be effective. These monitoring systems provide the evidence to be collected and What Is Continuous Auditing?