Audit Effectiveness: Meeting the IT Challenge

by Kamil Omoteso

Overview

In Audit Effectiveness, Dr Kamil Omoteso examines how growing use of information technology is changing the audit profession. IT tools and techniques continue to be developed to enable the auditing process to match current IT standards in accounting and elsewhere. Auditing tools include general business and accounting programmes; audit-specific programmes; computer-based decision support systems; and intelligent expert systems and neural networks.Dr Omoteso’s three-layered model fills a gap by focusing specifically on IT and auditing and recognising that accounting bodies and regulators are giving increased attention to the technologies and systems used in business and auditing.Shedding light on subjects including audit automation, continuous online auditing and computer auditing, Audit Effectiveness is practical, but also introduces theory that helps explain the motivation for the use of new tools and techniques and assists understanding of their impact on the quality of audit judgment.

Product Details

ISBN-13:	9781409471325
Publisher:	Ashgate Publishing Ltd
Publication date:	08/28/2013
Sold by:	Barnes & Noble
Format:	eBook
File size:	18 MB
Note:	This product may take a few minutes to download.

About the Author

Kamil Omoteso received his PhD in Accounting Information Systems from De Montfort University, UK, where he was a Principal Lecturer & the Director of Postgraduate Programmes in Accounting at the University Business School. He is currently a Deputy Head at Coventry University and an External Examiner at two other UK universities. Dr Omoteso began his academic career in 2001 at Lagos State University, Nigeria, after five years working in an accounting practice. He has now taught auditing at undergraduate, postgraduate and professional levels for over 10 years. His research interests cover auditing, ICT impact on organisations, accountability and governance, and he currently supervises doctoral students within these research areas. Dr Omoteso is widely published. He serves as an Editorial Board member and a Reviewer for a number of journals and he is the Chair of the UK-based Centre for African Resources Research and Development.

Table of Contents

Introduction; Part I Modern Auditing and the IT Revolution; Chapter 1 Background to Auditing; Chapter 2 Auditing and the IT Phenomenon; Part II Audit of Computerised Information Systems; Chapter 3 Computerised Information Systems, Organisational Objectives and Auditing; Chapter 4 Audit and Control of Supply Chain Information Systems; Chapter 5 Risk and Internal Control in IT Environments; Part III Audit Automation and Contemporary IT Challenges; Chapter 6 Audit Automation; Chapter 7 The Use of Decision Aids in Auditing; Chapter 8 Continuous Online Auditing; Part IV Auditing and IT: Theoretical Perspectives and Practical Implications; Chapter 9 Frameworks for Understanding the Impact of IT on Auditing; Chapter 10 The Impact of IT on Auditing; partV Auditing and the IT Challenge; Chapter 11 The Audit Automation Maturity Model; Chapter 12 Conclusion;

Editorial Reviews

’A much needed addition to the auditing field with its concentration on the challenges posed by IT systems to auditors and the business community. This book should prove invaluable to academics, students and practitioners given its highly readable and relevant content further enhanced by an excellent bibliography. The challenge of auditing IT covered, explained and explored in a highly relevant text for a world where the risks of getting IT systems and controls wrong cannot be ignored.’ Professor Hugh Coombs, University of Glamorgan, UK ’Dr Kamil Omoteso’s book is an important contribution in auditing and assurance services because of the rapid advances of IT in the financial market, importance of real-time reporting and increasing concerns for better and timelier assurance in corporate reporting.’ Professor Bahram Soltani, University of Paris 1 Sorbonne, France

From the Publisher