Continuous monitoring and auditing in municipalities

Ezzamouri, Naoual; Hulstijn, Joris

doi:10.1145/3209281.3209301

“…A study (Ezzamouri and Hulstijn, 2018) in the public sector, more specifically in some municipalities in the Netherlands, shows the opportunities and needs to continuously monitor and evaluate financial data in the social area, as these services were decentralized from the government to the municipal level. According to the study, it was found that the technology applied to continuous monitoring easily detects errors and deviations, making it easier to carry out improvement processes.…”

Section: Related Workmentioning

confidence: 99%

Continuous Assurance for the Digital Transformation of Internal Auditing

Barros

¹

,

Marques

²

2022

JISEM

5

0

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As a result of the increasing demand on the credibility of the financial information disclosure, internal auditing has been playing an increasingly important role in organizations. Currently, there is a need to ensure the compliance of organizational transactions in real time in order to increase the reliability of the information and to reduce risks. In this context, the concept of Continuous Assurance has emerged, allowing to reduce potential errors and risks and obtain useful information in real time, supporting more effectively the decision making and internal auditing. This paper aims to understand the importance and the use of Continuous Assurance services from the perspective of the internal auditor. So, the methodology used is qualitative and the questionnaire survey was used to collect data from interna auditors in Portugal. The main results demonstrate, among other findings, that the Continuous Assurance services are considered by the internal auditors as very important. Despite this, its implementation in the organizations does not follow the importance assigned to it, and is still far from being fully deployed. The dimension of the audit department is an influential factor in the use of some Continuous Assurance services.

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“…According to the study, it was found that the technology applied to continuous monitoring easily detects errors and deviations, making it easier to carry out improvement processes. Marques et al (2015;2018) developed an innovative solution in order to implement Continuous Assurance services in information systems applicable to any business process, regardless of its type, dimension, business area or even its information system support technology, supported by an ontological model at an abstraction level that guarantees that contextual independence. The results analysis from an implementation of this solution allowed to ensure the feasibility and the effective use of the solution.…”

Section: Related Workmentioning

confidence: 99%

Untitled

2022

JISEM

0

View full text Add to dashboard Cite

As a result of the increasing demand on the credibility of the financial information disclosure, internal auditing has been playing an increasingly important role in organizations. Currently, there is a need to ensure the compliance of organizational transactions in real time in order to increase the reliability of the information and to reduce risks. In this context, the concept of Continuous Assurance has emerged, allowing to reduce potential errors and risks and obtain useful information in real time, supporting more effectively the decision making and internal auditing. This paper aims to understand the importance and the use of Continuous Assurance services from the perspective of the internal auditor. So, the methodology used is qualitative and the questionnaire survey was used to collect data from interna auditors in Portugal. The main results demonstrate, among other findings, that the Continuous Assurance services are considered by the internal auditors as very important. Despite this, its implementation in the organizations does not follow the importance assigned to it, and is still far from being fully deployed. The dimension of the audit department is an influential factor in the use of some Continuous Assurance services.

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“…Especially in the configuration and adoption of tools it is perceived the lack of skill with the theme.Define the proper structure for the project, establish the project governance agents to manage and obtain the necessary resources for the project. by the authors -Survey Data, 2022As noted byEzzamouri and Hulstijn (2018) andJans and Hosseinpour (2019) the development of CAPs requires a design framework that allows the adoption of information systems-based technology tools so that it can automate audit testing through data analysis. The relationship of CA in organizations happens with IT projects as well as other digital resources, which requires detailed planning considering all the aspects cited earlier in this research.Given the above regarding the transformation challenges and technological factors that IA management has faced on how to adopt the use of technological tools in CAP, it was possible to elaborate a conceptual model to guide people interested in planning and executing such projects.…”

mentioning

confidence: 99%

The adoption of technological tools in continuous audit projects

Andrade,

Penha,

Silva

et al. 2023

ReA UFSM

0

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Purpose: Present a conceptual model for the adoption of technological tools in continuous audit projects. Design/methodology/approach: This research is constituted from the perspective of a qualitative approach with a descriptive nature, divided into two phases. In the first phase, a Systematic Literature Review was conducted focusing on technological tools and Continuous Audit Projects, in the second phase, field research was conducted through in-depth interviews with professionals related to the theme. Findings: The results indicated the main benefits and challenges encountered in the adoption of technological tools in Continuous Audit Projects. The results pointed out the nine main factors, among them, the enabling elements for the adoption of technological tools in Continuous Audit Projects. Research limitations/implications: The study is limited to identifying the technological tools in Continuous Audit Projects. Originality/Value: Despite the existing technological tools, it is still incipient in the literature researched to identify the challenges and barriers faced by organizations to support the projects of Continuous Audit Projects. Practical implications: This research offers a conceptual model as a guiding instrument for the adoption of technological tools in Continuous Audit Projects for organizations inserted in an Internal Audit context. The model presents the main enabling elements that ensure the environment necessary for the development of the project to those involved in Continuous Audit Projects.

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Continuous monitoring and auditing in municipalities

Cited by 7 publications

References 41 publications

Continuous Assurance for the Digital Transformation of Internal Auditing

Continuous Assurance for the Digital Transformation of Internal Auditing

Untitled

The adoption of technological tools in continuous audit projects

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