Continuous Auditing as a Foundation for Real Time Decision Support: Implementation Challenges and Successes View Full Text


Ontology type: schema:Chapter     


Chapter Info

DATE

2010-10-29

AUTHORS

Robert Baksa , Murray Turoff

ABSTRACT

Continuous auditing has the potential to transform the existing audit paradigm from periodic reviews of a few accounting transactions to a continuous review of all transactions which thereby could vastly strengthen an organisation’s risk management and business processes. Although some continuous ­auditing implementations are occurring now, their adoption is slower than expected. Continuous auditing systems require that human judgement be formalised and ­automated which can be a complex, costly and computationally intensive ­endeavour. However, continuous auditing systems have similarities with emergency management and response systems which integrate continuous auditing’s detection and alerting functions with the tracking of decisions and decision options for situations that could be more effectively handled by human judgement. Emergency management and response systems could provide an effective prototype to help overcome some of the implementation obstacles that are impeding the implementation rate of continuous auditing systems. With the goals of providing an empirical and methodological foundation for future continuous auditing systems and accelerating their rate of implementation, this chapter provides several definitions of continuous auditing, suggests possible architectures for these systems, lists some common implementation challenges and describes a few successful implementations. More... »

PAGES

237-252

Book

TITLE

Supporting Real Time Decision-Making

ISBN

978-1-4419-7405-1
978-1-4419-7406-8

Identifiers

URI

http://scigraph.springernature.com/pub.10.1007/978-1-4419-7406-8_12

DOI

http://dx.doi.org/10.1007/978-1-4419-7406-8_12

DIMENSIONS

https://app.dimensions.ai/details/publication/pub.1025975778


Indexing Status Check whether this publication has been indexed by Scopus and Web Of Science using the SN Indexing Status Tool
Incoming Citations Browse incoming citations for this publication using opencitations.net

JSON-LD is the canonical representation for SciGraph data.

TIP: You can open this SciGraph record using an external JSON-LD service: JSON-LD Playground Google SDTT

[
  {
    "@context": "https://springernature.github.io/scigraph/jsonld/sgcontext.json", 
    "about": [
      {
        "id": "http://purl.org/au-research/vocabulary/anzsrc-for/2008/0806", 
        "inDefinedTermSet": "http://purl.org/au-research/vocabulary/anzsrc-for/2008/", 
        "name": "Information Systems", 
        "type": "DefinedTerm"
      }, 
      {
        "id": "http://purl.org/au-research/vocabulary/anzsrc-for/2008/08", 
        "inDefinedTermSet": "http://purl.org/au-research/vocabulary/anzsrc-for/2008/", 
        "name": "Information and Computing Sciences", 
        "type": "DefinedTerm"
      }
    ], 
    "author": [
      {
        "affiliation": {
          "alternateName": "New Jersey Institute of Technology", 
          "id": "https://www.grid.ac/institutes/grid.260896.3", 
          "name": [
            "New Jersey Institute of Technology, Newark, New Jersey, USA"
          ], 
          "type": "Organization"
        }, 
        "familyName": "Baksa", 
        "givenName": "Robert", 
        "type": "Person"
      }, 
      {
        "affiliation": {
          "alternateName": "New Jersey Institute of Technology", 
          "id": "https://www.grid.ac/institutes/grid.260896.3", 
          "name": [
            "New Jersey Institute of Technology, Newark, New Jersey, USA"
          ], 
          "type": "Organization"
        }, 
        "familyName": "Turoff", 
        "givenName": "Murray", 
        "id": "sg:person.013645375313.84", 
        "sameAs": [
          "https://app.dimensions.ai/discover/publication?and_facet_researcher=ur.013645375313.84"
        ], 
        "type": "Person"
      }
    ], 
    "citation": [
      {
        "id": "https://doi.org/10.1016/0361-3682(90)90033-q", 
        "sameAs": [
          "https://app.dimensions.ai/details/publication/pub.1003930543"
        ], 
        "type": "CreativeWork"
      }, 
      {
        "id": "https://doi.org/10.1016/s0377-2217(97)00125-2", 
        "sameAs": [
          "https://app.dimensions.ai/details/publication/pub.1009791427"
        ], 
        "type": "CreativeWork"
      }, 
      {
        "id": "https://doi.org/10.2308/jis.2004.18.2.29", 
        "sameAs": [
          "https://app.dimensions.ai/details/publication/pub.1012347194"
        ], 
        "type": "CreativeWork"
      }, 
      {
        "id": "https://doi.org/10.1016/s1467-0895(01)00019-7", 
        "sameAs": [
          "https://app.dimensions.ai/details/publication/pub.1014722806"
        ], 
        "type": "CreativeWork"
      }, 
      {
        "id": "https://doi.org/10.1080/07421222.1999.11518260", 
        "sameAs": [
          "https://app.dimensions.ai/details/publication/pub.1021004753"
        ], 
        "type": "CreativeWork"
      }, 
      {
        "id": "https://doi.org/10.1111/j.1540-5915.1993.tb01298.x", 
        "sameAs": [
          "https://app.dimensions.ai/details/publication/pub.1024367092"
        ], 
        "type": "CreativeWork"
      }, 
      {
        "id": "https://doi.org/10.1006/iilr.1998.0087", 
        "sameAs": [
          "https://app.dimensions.ai/details/publication/pub.1025770394"
        ], 
        "type": "CreativeWork"
      }, 
      {
        "id": "https://doi.org/10.1016/j.accinf.2005.10.004", 
        "sameAs": [
          "https://app.dimensions.ai/details/publication/pub.1030847680"
        ], 
        "type": "CreativeWork"
      }, 
      {
        "id": "https://doi.org/10.1016/j.omega.2006.11.006", 
        "sameAs": [
          "https://app.dimensions.ai/details/publication/pub.1031232839"
        ], 
        "type": "CreativeWork"
      }, 
      {
        "id": "https://doi.org/10.1016/j.accinf.2004.01.010", 
        "sameAs": [
          "https://app.dimensions.ai/details/publication/pub.1031860946"
        ], 
        "type": "CreativeWork"
      }, 
      {
        "id": "https://doi.org/10.1016/0957-4174(95)00021-6", 
        "sameAs": [
          "https://app.dimensions.ai/details/publication/pub.1038295695"
        ], 
        "type": "CreativeWork"
      }, 
      {
        "id": "https://doi.org/10.1016/s0268-4012(99)00051-1", 
        "sameAs": [
          "https://app.dimensions.ai/details/publication/pub.1039987881"
        ], 
        "type": "CreativeWork"
      }, 
      {
        "id": "https://doi.org/10.1145/3894.3895", 
        "sameAs": [
          "https://app.dimensions.ai/details/publication/pub.1045151956"
        ], 
        "type": "CreativeWork"
      }, 
      {
        "id": "https://doi.org/10.1108/02686900110385605", 
        "sameAs": [
          "https://app.dimensions.ai/details/publication/pub.1052552925"
        ], 
        "type": "CreativeWork"
      }, 
      {
        "id": "https://doi.org/10.1016/0361-3682(95)00005-4", 
        "sameAs": [
          "https://app.dimensions.ai/details/publication/pub.1054559812"
        ], 
        "type": "CreativeWork"
      }, 
      {
        "id": "https://doi.org/10.1086/208579", 
        "sameAs": [
          "https://app.dimensions.ai/details/publication/pub.1058528166"
        ], 
        "type": "CreativeWork"
      }, 
      {
        "id": "https://doi.org/10.1177/016555150102700607", 
        "sameAs": [
          "https://app.dimensions.ai/details/publication/pub.1063750840"
        ], 
        "type": "CreativeWork"
      }, 
      {
        "id": "https://doi.org/10.1177/016555150102700607", 
        "sameAs": [
          "https://app.dimensions.ai/details/publication/pub.1063750840"
        ], 
        "type": "CreativeWork"
      }, 
      {
        "id": "https://doi.org/10.1287/mnsc.14.4.b147", 
        "sameAs": [
          "https://app.dimensions.ai/details/publication/pub.1064716336"
        ], 
        "type": "CreativeWork"
      }, 
      {
        "id": "https://doi.org/10.2307/30036540", 
        "sameAs": [
          "https://app.dimensions.ai/details/publication/pub.1102515221"
        ], 
        "type": "CreativeWork"
      }
    ], 
    "datePublished": "2010-10-29", 
    "datePublishedReg": "2010-10-29", 
    "description": "Continuous auditing has the potential to transform the existing audit paradigm from periodic reviews of a few accounting transactions to a continuous review of all transactions which thereby could vastly strengthen an organisation\u2019s risk management and business processes. Although some continuous \u00adauditing implementations are occurring now, their adoption is slower than expected. Continuous auditing systems require that human judgement be formalised and \u00adautomated which can be a complex, costly and computationally intensive \u00adendeavour. However, continuous auditing systems have similarities with emergency management and response systems which integrate continuous auditing\u2019s detection and alerting functions with the tracking of decisions and decision options for situations that could be more effectively handled by human judgement. Emergency management and response systems could provide an effective prototype to help overcome some of the implementation obstacles that are impeding the implementation rate of continuous auditing systems. With the goals of providing an empirical and methodological foundation for future continuous auditing systems and accelerating their rate of implementation, this chapter provides several definitions of continuous auditing, suggests possible architectures for these systems, lists some common implementation challenges and describes a few successful implementations.", 
    "editor": [
      {
        "familyName": "Burstein", 
        "givenName": "Frada", 
        "type": "Person"
      }, 
      {
        "familyName": "Br\u00e9zillon", 
        "givenName": "Patrick", 
        "type": "Person"
      }, 
      {
        "familyName": "Zaslavsky", 
        "givenName": "Arkady", 
        "type": "Person"
      }
    ], 
    "genre": "chapter", 
    "id": "sg:pub.10.1007/978-1-4419-7406-8_12", 
    "inLanguage": [
      "en"
    ], 
    "isAccessibleForFree": false, 
    "isPartOf": {
      "isbn": [
        "978-1-4419-7405-1", 
        "978-1-4419-7406-8"
      ], 
      "name": "Supporting Real Time Decision-Making", 
      "type": "Book"
    }, 
    "name": "Continuous Auditing as a Foundation for Real Time Decision Support: Implementation Challenges and Successes", 
    "pagination": "237-252", 
    "productId": [
      {
        "name": "dimensions_id", 
        "type": "PropertyValue", 
        "value": [
          "pub.1025975778"
        ]
      }, 
      {
        "name": "doi", 
        "type": "PropertyValue", 
        "value": [
          "10.1007/978-1-4419-7406-8_12"
        ]
      }, 
      {
        "name": "readcube_id", 
        "type": "PropertyValue", 
        "value": [
          "7bbfa4189348219c2f0d3e23674c732776e6d7027fa4049cb197493ea31bd6ed"
        ]
      }
    ], 
    "publisher": {
      "location": "Boston, MA", 
      "name": "Springer US", 
      "type": "Organisation"
    }, 
    "sameAs": [
      "https://doi.org/10.1007/978-1-4419-7406-8_12", 
      "https://app.dimensions.ai/details/publication/pub.1025975778"
    ], 
    "sdDataset": "chapters", 
    "sdDatePublished": "2019-04-16T08:32", 
    "sdLicense": "https://scigraph.springernature.com/explorer/license/", 
    "sdPublisher": {
      "name": "Springer Nature - SN SciGraph project", 
      "type": "Organization"
    }, 
    "sdSource": "s3://com-uberresearch-data-dimensions-target-20181106-alternative/cleanup/v134/2549eaecd7973599484d7c17b260dba0a4ecb94b/merge/v9/a6c9fde33151104705d4d7ff012ea9563521a3ce/jats-lookup/v90/0000000364_0000000364/records_72859_00000000.jsonl", 
    "type": "Chapter", 
    "url": "https://link.springer.com/10.1007%2F978-1-4419-7406-8_12"
  }
]
 

Download the RDF metadata as:  json-ld nt turtle xml License info

HOW TO GET THIS DATA PROGRAMMATICALLY:

JSON-LD is a popular format for linked data which is fully compatible with JSON.

curl -H 'Accept: application/ld+json' 'https://scigraph.springernature.com/pub.10.1007/978-1-4419-7406-8_12'

N-Triples is a line-based linked data format ideal for batch operations.

curl -H 'Accept: application/n-triples' 'https://scigraph.springernature.com/pub.10.1007/978-1-4419-7406-8_12'

Turtle is a human-readable linked data format.

curl -H 'Accept: text/turtle' 'https://scigraph.springernature.com/pub.10.1007/978-1-4419-7406-8_12'

RDF/XML is a standard XML format for linked data.

curl -H 'Accept: application/rdf+xml' 'https://scigraph.springernature.com/pub.10.1007/978-1-4419-7406-8_12'


 

This table displays all metadata directly associated to this object as RDF triples.

138 TRIPLES      23 PREDICATES      45 URIs      19 LITERALS      8 BLANK NODES

Subject Predicate Object
1 sg:pub.10.1007/978-1-4419-7406-8_12 schema:about anzsrc-for:08
2 anzsrc-for:0806
3 schema:author N8edf854fab2e46b99d6fd75ac9aa9c39
4 schema:citation https://doi.org/10.1006/iilr.1998.0087
5 https://doi.org/10.1016/0361-3682(90)90033-q
6 https://doi.org/10.1016/0361-3682(95)00005-4
7 https://doi.org/10.1016/0957-4174(95)00021-6
8 https://doi.org/10.1016/j.accinf.2004.01.010
9 https://doi.org/10.1016/j.accinf.2005.10.004
10 https://doi.org/10.1016/j.omega.2006.11.006
11 https://doi.org/10.1016/s0268-4012(99)00051-1
12 https://doi.org/10.1016/s0377-2217(97)00125-2
13 https://doi.org/10.1016/s1467-0895(01)00019-7
14 https://doi.org/10.1080/07421222.1999.11518260
15 https://doi.org/10.1086/208579
16 https://doi.org/10.1108/02686900110385605
17 https://doi.org/10.1111/j.1540-5915.1993.tb01298.x
18 https://doi.org/10.1145/3894.3895
19 https://doi.org/10.1177/016555150102700607
20 https://doi.org/10.1287/mnsc.14.4.b147
21 https://doi.org/10.2307/30036540
22 https://doi.org/10.2308/jis.2004.18.2.29
23 schema:datePublished 2010-10-29
24 schema:datePublishedReg 2010-10-29
25 schema:description Continuous auditing has the potential to transform the existing audit paradigm from periodic reviews of a few accounting transactions to a continuous review of all transactions which thereby could vastly strengthen an organisation’s risk management and business processes. Although some continuous ­auditing implementations are occurring now, their adoption is slower than expected. Continuous auditing systems require that human judgement be formalised and ­automated which can be a complex, costly and computationally intensive ­endeavour. However, continuous auditing systems have similarities with emergency management and response systems which integrate continuous auditing’s detection and alerting functions with the tracking of decisions and decision options for situations that could be more effectively handled by human judgement. Emergency management and response systems could provide an effective prototype to help overcome some of the implementation obstacles that are impeding the implementation rate of continuous auditing systems. With the goals of providing an empirical and methodological foundation for future continuous auditing systems and accelerating their rate of implementation, this chapter provides several definitions of continuous auditing, suggests possible architectures for these systems, lists some common implementation challenges and describes a few successful implementations.
26 schema:editor Ne2aae0c9f5e44cecb31431ee98531937
27 schema:genre chapter
28 schema:inLanguage en
29 schema:isAccessibleForFree false
30 schema:isPartOf N615a98d221b34af8b7888e2716afcf92
31 schema:name Continuous Auditing as a Foundation for Real Time Decision Support: Implementation Challenges and Successes
32 schema:pagination 237-252
33 schema:productId N5c40458ab2854ae3b9df676eb49a5736
34 Na2f252882980488abe08dbcb9913ebe2
35 Nd66537fc040145c2b3a74d00e0892833
36 schema:publisher N7b0f5650da99436da013bd6eecc84ba6
37 schema:sameAs https://app.dimensions.ai/details/publication/pub.1025975778
38 https://doi.org/10.1007/978-1-4419-7406-8_12
39 schema:sdDatePublished 2019-04-16T08:32
40 schema:sdLicense https://scigraph.springernature.com/explorer/license/
41 schema:sdPublisher N566223e6dec5428ea3e253d04ff6af3d
42 schema:url https://link.springer.com/10.1007%2F978-1-4419-7406-8_12
43 sgo:license sg:explorer/license/
44 sgo:sdDataset chapters
45 rdf:type schema:Chapter
46 N0cb569ebb30e4972bc214ef1323cdc58 schema:familyName Zaslavsky
47 schema:givenName Arkady
48 rdf:type schema:Person
49 N4b3740b795e54045a6f68f9414b18965 schema:familyName Burstein
50 schema:givenName Frada
51 rdf:type schema:Person
52 N566223e6dec5428ea3e253d04ff6af3d schema:name Springer Nature - SN SciGraph project
53 rdf:type schema:Organization
54 N5c40458ab2854ae3b9df676eb49a5736 schema:name dimensions_id
55 schema:value pub.1025975778
56 rdf:type schema:PropertyValue
57 N615a98d221b34af8b7888e2716afcf92 schema:isbn 978-1-4419-7405-1
58 978-1-4419-7406-8
59 schema:name Supporting Real Time Decision-Making
60 rdf:type schema:Book
61 N7220d991e64447c79106f382987815be rdf:first N0cb569ebb30e4972bc214ef1323cdc58
62 rdf:rest rdf:nil
63 N7b0f5650da99436da013bd6eecc84ba6 schema:location Boston, MA
64 schema:name Springer US
65 rdf:type schema:Organisation
66 N8edf854fab2e46b99d6fd75ac9aa9c39 rdf:first Nd211293f9b4648ee8ce7424ad00c010d
67 rdf:rest Nfd05c5def35e4150946a4ef595be1699
68 N94b0e8575226439f835f9881dc0ea17d schema:familyName Brézillon
69 schema:givenName Patrick
70 rdf:type schema:Person
71 N9840b81d1d13415fb3ef53c71fb6bac4 rdf:first N94b0e8575226439f835f9881dc0ea17d
72 rdf:rest N7220d991e64447c79106f382987815be
73 Na2f252882980488abe08dbcb9913ebe2 schema:name doi
74 schema:value 10.1007/978-1-4419-7406-8_12
75 rdf:type schema:PropertyValue
76 Nd211293f9b4648ee8ce7424ad00c010d schema:affiliation https://www.grid.ac/institutes/grid.260896.3
77 schema:familyName Baksa
78 schema:givenName Robert
79 rdf:type schema:Person
80 Nd66537fc040145c2b3a74d00e0892833 schema:name readcube_id
81 schema:value 7bbfa4189348219c2f0d3e23674c732776e6d7027fa4049cb197493ea31bd6ed
82 rdf:type schema:PropertyValue
83 Ne2aae0c9f5e44cecb31431ee98531937 rdf:first N4b3740b795e54045a6f68f9414b18965
84 rdf:rest N9840b81d1d13415fb3ef53c71fb6bac4
85 Nfd05c5def35e4150946a4ef595be1699 rdf:first sg:person.013645375313.84
86 rdf:rest rdf:nil
87 anzsrc-for:08 schema:inDefinedTermSet anzsrc-for:
88 schema:name Information and Computing Sciences
89 rdf:type schema:DefinedTerm
90 anzsrc-for:0806 schema:inDefinedTermSet anzsrc-for:
91 schema:name Information Systems
92 rdf:type schema:DefinedTerm
93 sg:person.013645375313.84 schema:affiliation https://www.grid.ac/institutes/grid.260896.3
94 schema:familyName Turoff
95 schema:givenName Murray
96 schema:sameAs https://app.dimensions.ai/discover/publication?and_facet_researcher=ur.013645375313.84
97 rdf:type schema:Person
98 https://doi.org/10.1006/iilr.1998.0087 schema:sameAs https://app.dimensions.ai/details/publication/pub.1025770394
99 rdf:type schema:CreativeWork
100 https://doi.org/10.1016/0361-3682(90)90033-q schema:sameAs https://app.dimensions.ai/details/publication/pub.1003930543
101 rdf:type schema:CreativeWork
102 https://doi.org/10.1016/0361-3682(95)00005-4 schema:sameAs https://app.dimensions.ai/details/publication/pub.1054559812
103 rdf:type schema:CreativeWork
104 https://doi.org/10.1016/0957-4174(95)00021-6 schema:sameAs https://app.dimensions.ai/details/publication/pub.1038295695
105 rdf:type schema:CreativeWork
106 https://doi.org/10.1016/j.accinf.2004.01.010 schema:sameAs https://app.dimensions.ai/details/publication/pub.1031860946
107 rdf:type schema:CreativeWork
108 https://doi.org/10.1016/j.accinf.2005.10.004 schema:sameAs https://app.dimensions.ai/details/publication/pub.1030847680
109 rdf:type schema:CreativeWork
110 https://doi.org/10.1016/j.omega.2006.11.006 schema:sameAs https://app.dimensions.ai/details/publication/pub.1031232839
111 rdf:type schema:CreativeWork
112 https://doi.org/10.1016/s0268-4012(99)00051-1 schema:sameAs https://app.dimensions.ai/details/publication/pub.1039987881
113 rdf:type schema:CreativeWork
114 https://doi.org/10.1016/s0377-2217(97)00125-2 schema:sameAs https://app.dimensions.ai/details/publication/pub.1009791427
115 rdf:type schema:CreativeWork
116 https://doi.org/10.1016/s1467-0895(01)00019-7 schema:sameAs https://app.dimensions.ai/details/publication/pub.1014722806
117 rdf:type schema:CreativeWork
118 https://doi.org/10.1080/07421222.1999.11518260 schema:sameAs https://app.dimensions.ai/details/publication/pub.1021004753
119 rdf:type schema:CreativeWork
120 https://doi.org/10.1086/208579 schema:sameAs https://app.dimensions.ai/details/publication/pub.1058528166
121 rdf:type schema:CreativeWork
122 https://doi.org/10.1108/02686900110385605 schema:sameAs https://app.dimensions.ai/details/publication/pub.1052552925
123 rdf:type schema:CreativeWork
124 https://doi.org/10.1111/j.1540-5915.1993.tb01298.x schema:sameAs https://app.dimensions.ai/details/publication/pub.1024367092
125 rdf:type schema:CreativeWork
126 https://doi.org/10.1145/3894.3895 schema:sameAs https://app.dimensions.ai/details/publication/pub.1045151956
127 rdf:type schema:CreativeWork
128 https://doi.org/10.1177/016555150102700607 schema:sameAs https://app.dimensions.ai/details/publication/pub.1063750840
129 rdf:type schema:CreativeWork
130 https://doi.org/10.1287/mnsc.14.4.b147 schema:sameAs https://app.dimensions.ai/details/publication/pub.1064716336
131 rdf:type schema:CreativeWork
132 https://doi.org/10.2307/30036540 schema:sameAs https://app.dimensions.ai/details/publication/pub.1102515221
133 rdf:type schema:CreativeWork
134 https://doi.org/10.2308/jis.2004.18.2.29 schema:sameAs https://app.dimensions.ai/details/publication/pub.1012347194
135 rdf:type schema:CreativeWork
136 https://www.grid.ac/institutes/grid.260896.3 schema:alternateName New Jersey Institute of Technology
137 schema:name New Jersey Institute of Technology, Newark, New Jersey, USA
138 rdf:type schema:Organization
 




Preview window. Press ESC to close (or click here)


...