Business monitoring is characterized as multidisciplinary, which has its roots in service sciences and accounting. A major challenge in this area of research is to bridge the gap from two distant worlds of service science and accounting. Smart auditing framework proposed an initial solution to bridge the gap. In this paper, background knowledge for basic and related concepts to understand the relationship of compliance and Service Oriented Architecture (SOA) has been established. Basic concepts behind these two worlds are highlighted along with related techniques such as process mining and Resource Event Agent ontology (REA). Different types of audit along with effecting factors have been discussed as well.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.