（2010）Continuous auditing for web-released financial information.pdfVIP

The current issue and full text archive of this journal is available at /1475-7702.htm RAF Continuous auditing for 9,1 web-released financial information 4 Chi-Chun Chou Department of Accounting Information, National Taipei College of Business, Taipei, Taiwan, Republic of China, and C. Janie Chang Charles W. Lamden School of Accountancy, College of Business Administration, San Diego State University, San Diego, California, USA Abstract Purpose – The increasing provision of timely financial information through web-based technology is expected to improve the quality of communication between a company and its stakeholders. However, the information asymmetry problem still exists since almost all ‘‘web-releases’’ usually remain unaudited. The purpose of this paper is to propose conceptual and technical frameworks of continuous auditing to provide a solution for this problem. This solution could also move the traditional auditing forward to the new e-auditing generation. Design/methodology/approach – This paper develops a conceptual framework to present why