Businesses have changed dramatically in recent decades, with continuous advancements in new technology business-oriented strategies. Research has shown that the phenomenon that started with basic programming has now expanded to smart software tools that affect nearly all functions. Auditing is one of the functions affected by newly emerging technologies. This paper is based on a literature review that the pros and cons of applying business intelligence, which is an important emerging technology, in auditing. The results of the literature review have shown that the advantages of using business intelligence in auditing outweigh the disadvantages. Accordingly, the business intelligence system provides several benefits that are reflected as an opportunity to improve the performance of auditing functions.
Companies continue to adopt new tools in light of technology advancements and to maintain their competitive advantage. One of these technologies is the Enterprise Resource Planning (ERP) System. This system integrates all of the company's departments, such as human resources, finance, marketing, and production, into a sophisticated software database that manages and organizes operations. Various studies examine the impact of ERP deployment on the auditing. However, there no paper that compile the results of the recent studies in one reference. The goal of this paper is to provide a comprehensive reference about ERP system and its impact on internal auditing functions. The majority of the data in this report comes from numerous organizational documents and academic studies published since 2011. The results of the study are a presentation of the advantages and disadvantages of using an ERP system for internal auditing process.
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