ABSTRACT
The use of enterprise resource planning software has become an essential part of conducting business for many small, medium, and large companies. This paper presents a case study of accounting information specialists in different divisions of the same conglomerate in the energy industry in Houston, Texas that engaged in anti-fraud audits following the rollout of enterprise resource planning (ERP) systems by implementing continuous auditing processes (CA). The results indicate that the adoption of an ERP system has a significant impact on the efficiency, fraud risk reduction, knowledge application, as well as the credibility of the auditing team. The most important factors for the successful use of fraud mitigation techniques rely on ERP systems, which have continuous audit functions. The major and minor themes that emerge from the results of this case study are thoroughly dissected and discussed. Future studies of the use of ERP and CA systems to combat fraud should examine how auditing teams can apply superior fraud detection through preparation and training, education, and on-the-job experience.
