The Future of Audit

Abstract

The purpose of this study is to discuss the current state and future of auditing. Expert consensus is used as a basis to examine the current state of auditing and generate modifications both needed and likely to occur in the audit profession. This study contributes to the literature by using the Delphi method to develop predictions as to the direction of the audit industry and discuss the implications associated with these predictions. If auditors can better understand where the profession stands and where it is headed, then they can better prepare for the future. Some predictions emerging from this study relative to future audit practices include increasing automation of audit procedures, more predictive financial statements, continuous auditing of financial statements and transactions, and an increasingly global perspective regarding audit activities.

Possibilities of using blockchain in accounting and auditing: literary research

“…Je to z toho důvodu, aby ostatní účastníci byli motivováni potvrzovat transakce v rámci systému a tím se podílet na jeho chodu. 8.2012 12.11.2012 12.2.2013 12.5.2013 12.8.2013 12.11.2013 12.2.2014 12.5.2014 12.8.2014 12.11.2014 12.2.2015 12.5.2015 12.8.2015 12.11.2015 12.2.2016 12.5.2016 12.8.2016 12.11.2016 12.2.2017 12.5.2017 12.8.2017 12.11.2017 Poradenská firma Deloitte (2016) (Lombardi, 2014):…”

Estado del arte de la Auditoría de Información

“…Entre ellos se destacan los artículos de Caraballoso et al, (2015), González, et al, (2015), Martínez, y Armenteros, (2006), Lombardi, et al, (2014), a los cuales se ha hecho alusión. También, se encuentra el de Stable (2012), donde se plantea una metodología para realizar auditorías de información y de conocimiento a la que llama Aud-InfoCon, elaborada a partir de los principales nexos que existen entre estos dos procesos, del análisis de las causas que motivan su realización y de los objetivos que persiguen.…”

A Recommended Strategic Model to Change the Audit Process of the State Audit Office of Vietnam

“…Based on the literature review, Table 2 illustrates major features which underline the strength of the Australian Government audit process. [25,27,33] As Lombardi, Bloch, and Vasarhelyi [33] and McPhee [34] state, the audit system will achieve an optimal effectiveness with a combination of effective strong auditing standards and an auditing system driven by high-quality social forces. In contrast, conflict between international auditing standards and social forces appear likely to create potential weaknesses and limitations in the audit system.…”

“…Technology is increasingly becoming an important element that promotes and impacts change processes in organisations. The significance and impact of technology on all aspects of auditing activity worldwide is well recognized [34,37,38]. The application of IT in auditing is likely to enhance the effectiveness and quality of auditors' work by minimising problems such as errors, fraud and inconsistency in employing audit processes, procedures and methodologies caused by human auditors.…”