Continuous Auditing: the USA Experience and Considerations for its Implementation in Brazil

Abstract

Continuous Auditing, broadly defined as the transformation of internal and external auditing through the application of modern information technology, is being increasingly adopted by firms throughout the world. Organizations ranging from Siemens, HCA, the Royal Canadian Mounted Police, BIPOP Bank and the Internal Revenue Service are developing tools and practices that will bring assurance closer to the transaction and reduce through automation, the cost of auditing. A June 2006 PricewaterhouseCoopers survey finds that 50% of U.S. companies now use continuous auditing techniques and 31% percent of the rest have already made plans to follow suit. In this article we introduce the concepts of CA to a Brazilian audience and discuss its further application there.

Taxonomia XBRL-SPED: simplificação e auditoria no âmbito do Sistema Público de Escrituração Digital (SPED)

“…Essas questões podem explicar a baixa adoção da autoria contínua pelos executivos brasileiros. Outras questões que se destacam são o custo de implementação; a falta de publicação dos casos de sucesso em auditoria contínua; e, a falta de auditores capacitados e aptos a auxiliar as empresas na implementação da auditoria contínua (Alles et. al., 2006).…”

Met continuous monitoring naar continuous data level assurance: de volgende stap in interne beheersing

“…Het continu monitoren van de maatregelen van interne beheersing en het geven van continue zekerheid omtrent juistheid van die data ligt aan de basis van een drietal nieuwe concepten, te weten; (1) continuous monitoring, (2) continuous internal auditing en (3) continuous data level assurance. Al een aantal jaren wordt door grote organisaties, zoals Siemens, IBM, HCA en the Royal Canadian Mounted, met deze concepten ervaring opgedaan (Alles et al, 2006a;Alles et al, 2006b, Nelson, 2004. Dat de interesse in het onderwerp leeft blijkt wel uit een search naar continuous auditing op Google.…”

“…Dat de interesse in het onderwerp leeft blijkt wel uit een search naar continuous auditing op Google. Alles et al (2006b) kregen op 26 juni 2006 76.000 hits, vier jaar waren dit 284.000 hits en op 13 augustus 2015 waren dat al meer dan 52 miljoen hits. In dit artikel worden in paragraaf 2 de drie continuous concepten nader beschouwd.…”

Developing a Forensic Continuous Audit Model

“…Thus, one company could be performing more extensive testing than others that claim to engage in CA. Siemens has claimed a substantial return from implementing CA in an ERP environment (Alles et al, 2006). They added both detective and preventive controls to an existing SAP system and use manual procedures to handle exception alerts.…”