A tale of two standards: A Pan-American study of audit data standards for U.S. and Brazilian not-for-profit organizations

• In Event: Strategic and Emerging Technologies

Abstract

This is a joint research project between a U.S. university and a Brazilian university. The project teams will undertake an analysis of the applicability of currently defined Continuous Audit protocols in the not-for-profit (NFP) segment. As part of this process the teams will review currently applicable audit data standards (ADSs) in both the U.S. and Brazil to determine their applicability for NFP organizations and contrast differences that may exist between the two countries. In the case of Brazil, Continuous Audit protocols have not yet been established as usual practices. However, due to its usefulness and potential benefits, it is relevant to investigate to what extent Brazilian non-profits, especially the foundations linked to the government and public universities and hospitals, could benefit from Continuous Audit / Continuous Monitoring standards. This work in progress paper addresses the applicability of these ADSs in the SME NFP environment in both the US and Brazil, and develops a global vision for this process.

Authors

• Stephen Kozlowski, Rutgers Business School

• Deniz A Appelbaum, Rutgers University - Newark

• Denis Lima e Alves, Universidada Federal de Uberlandia