Continuous Auditing A Book of Theory and Application

Continuous auditing is a novel emerging technology in academia and practice. The concept of continuous auditing was conceived over two decades ago in academia and we are now at a junction where the auditing profession recognizes the implement-ability and value of a continuous audit. The book?s purpose is twofold. First, the book aims to provide academics and practitioners with a compilation of select continuous auditing design science research that can be used as a springboard to future research and development. Second, the book aims to provide readers with an understand of the underlying theoretical concepts of a continuous audit, ideas on how continuous audit can be applied in practice, and what has and has not worked in research.

Introduction; David Y Chan, Victoria Chiu, and Miklos A. Vasarhelyi 1, Continuous Auditing--A New View; Nancy Bumgarner, Miklos A. Vasarhelyi 2, The development and intellectual structure of continuous auditing research; Victoria Chiu, Qi Liu, Miklos A. Vasarhelyi 3, The Continuous Audit of Online Systems; Miklos A. Vasarhelyi, Fern B. Halper 4, Continuous Auditing of Database Applications: An Embedded Audit Module Approach; S. Michael Groomer, Uday S. Murthy 5, Continuous Online Auditing: A Program of Research; Alexander Kogan, Ephraim F. Sudit, Miklos A. Vasarhelyi 6, Feasibility and Economics of Continuous Assurance; Michael G. Alles, Alexander Kogan, Miklos A. Vasarhelyi 7, Continuous Auditing: Building Automated Auditing Capability; Zabihollah Rezaee, Ahmad Sharbatoghlie, Rick Elam, Peter L. McMickle 8, Principles of Analytic Monitoring for Continuous Assurance; Miklos A. Vasarhelyi, Michael G. Alles, Alexander Kogan, Rutgers University 9, Continuous monitoring of business process controls: A pilot implementation of a continuous auditing system at Siemens; Michael Alles, Gerard Brennan, Alexander Kogan, Miklos A. Vasarhelyi 10, Putting Continuous Auditing Theory into Practice: Lessons from Two Pilot Implementations, Michael G. Alles, Alexander Kogan, Miklos A. Vasarhelyi 11, Innovation and Practice of Continuous Auditing; David Y. Chan, Miklos A. Vasarhelyi 12, Evolution of Auditing: From the Traditional Approach to the Future Audit; Paul Eric Byrnes, Abdullah Al-Awadhi, Benita Gullvist, Helen Brown-Liburd, Ryan Teeter, J. Donald Warren, Miklos Vasarhelyi 13, An Audit Ecosystem to support Blockchain-based Accounting & Assurance; Stephen Kozlowski 14, New Perspective: Data Analytics as a Precursor to Audit Automation; David Y. Chan, Victoria Chiu, Miklos A. Vasarhelyi Conclusion, David Y. Chan, Victoria Chiu, Miklos A. Vasarhelyi