Contiuous Auditing Between Theory and Practice—A Review of Continuous Auditing in the Context of the IAF-

• In Event: Continental Breakfast - Research and Education Forum
  In Roundtable Session: Table 15: Internal Audit Function

Abstract

This paper investigates the importance of continuous auditing for IAF from a theoretical and a practical point of view. We analyzed the importance of continuous auditing in Germany, Austria
and Switzerland empirically and provided a holistic literature overview to compare the practical
relevance and the current state of research addressing the topic of continuous auditing. We identied
a high acceptance of continuous auditing by large public companies from the financial. Furthermore,
our results indicated high relevance of continuous auditing for risk based audit plan. Our literature
review summarize and classify the existing literature address the topic of continuous auditing to
examine the current state of the knowledge about continuous auditing and to give future research
opportunities. Therefore, we analyzed 102 papers from the last 25 years.

Authors

• Marc Eulerich, Universität Duisburg-Essen

• Artur Kalinichenko, University of Duisburg-Essen