tailieunhanh - Harnessing the Power of Continuous Auditing_8

Tham khảo tài liệu 'harnessing the power of continuous auditing_8', tài chính - ngân hàng, kế toán - kiểm toán phục vụ nhu cầu học tập, nghiên cứu và làm việc hiệu quả | 198 Continuous Auditing Conditions potential target area to perform the continuous auditing program but also the corresponding critical control to be tested. Doing this will require audit experience only experienced auditors will be able to examine a business process and effectively identify the most critical controls that support the operational process. Additionally experience in the current company would also be helpful in the identification of critical controls. Also most experienced auditors have strong communication skills which are a must in order to discuss the continuous auditing methodology objectives and phase process requirements with business owners. Auditors can sell this methodology only if they have a detailed working knowledge of the corresponding requirements and the ability to communicate them. Discipline is required because in the foundation phase responsible auditors must exhibit patience not to change the established testing objectives once they have been created. The testing objectives were developed strategically based on research into the target business unit and detailed planning. Attempting to make changes once the continuous auditing program has begun violates the methodology requirements. Also discipline is needed to resist the temptation to add additional components to test. Once the testing attributes have been established new ones cannot be added after the first month of testing has been completed. Adding attributes would not link to the continuous auditing objective and the testing frequency would have to begin again to ensure that the same components were being evaluated throughout the established frequency. Any deviation from the established testing approach also would render the continuous auditing program useless as a predictive tool due to the inconsistency of what was being tested from month to month. Responsible auditors must be disciplined and trust in the methodology requirements to provide the validation that the control s