Audit Analytics and Continuous Audit provides a framework for the analysis and study of continuous audits of corporate financial processes and data. While it does not provide a bag of analytical tools, it does provide a resilient foundation on which such tools can be built. It comprises two parts: a part that consists of essays that provide a fascinating view of continuous auditing in a historical as well as analytical context, and a second part that contains a series of real-world case studies.
The first part consists of six essays. The first essay, “Continuous Auditing—A New View,” provides the genesis of continuous auditing, starting with the seminal Vasarhelyi and Halper (1991) paper to the present day. The essay also lays out the model for continuous auditing in the form of the equation CA = CDA + CCM + CRMA + COMO, where CA stands for continuous auditing, CDA for...
