...Robert C. Richardson; William J. Ritchie ABSTRACT This experiential exercise provides an opportunity for students to learn how accounting and audit practices can be augmented using Geographic Information Systems (GIS). We illustrate how GIS aids in the collection of accounting data, verification...

...Feiqi Huang; Yunsen Wang ABSTRACT The advances in machine learning have gained close attention from audit practitioners and standard setters. However, fewer than half of accounting programs teach predictive analysis, including machine learning. To develop students’ knowledge and skills of machine...

...Ghayah Almufadda; Nora Ahmed Almezeini ABSTRACT This paper investigates some essential questions that might interest auditors regarding the impact of artificial intelligence (AI) applications on the auditing profession by reviewing a selective bibliography of papers published mainly between 2016...

..., Hal Schroeder, Alan Sangster, Rimona Palas, and participants of the Exogenous Data in Auditing Ph.D. Seminar from Rutgers Business School. Arion Cheong, California State University, Fullerton, College of Business and Economics, Department of Accounting, Fullerton, CA, USA; Huijue Kelly Duan...

...Ali Saeedi ABSTRACT This study compares the ability of four data-mining techniques in the prediction of audit opinions on companies' financial statements. The research data consists of 37,325 firm-year observations for companies listed on the New York Stock Exchange (NYSE), the American Stock...

...Lazarus Elad Fotoh; Johan Ingemar Lorentzon ABSTRACT This study examines the future impact of digitalization on auditing by synthesizing empirical studies, relating them to surveys conducted by accounting bodies, and analyzing these findings in relation to extant literature. Based on the synthesis...

...Huijue Kelly Duan; Hanxin Hu ABSTRACT This proposal applies measurement science (accounting), assurance science (auditing), and machine learning predictive analytics to epidemic research. It utilizes accounting frameworks, such as Continuous Monitoring, to establish a system that can assess...

... of a business continuity problem. Students are assigned to groups of two and are randomly chosen to play the role of either an auditor or a director of information technology in a client corporation. In this setting, the auditor needs to understand the audit client's business continuity strategies and practices...

...Mieke Jans ABSTRACT Applying process mining as an analytical procedure is a relatively young stream of thought in auditing. This paper examines the first step of such process-mining projects, which involves extracting and structuring the data in the required format for analysis. The article has...

...Paul E. Byrnes ABSTRACT Today, auditors must consider the risks of material misstatement due to fraud during the financial statement audit ( Messier, Glover, and Prawitt 2016 ). Current audit guidance recommends the use of data mining methods such as clustering to improve the likelihood...

...Julia Kokina; Thomas H. Davenport ABSTRACT This paper provides an overview of the emergence of artificial intelligence in accounting and auditing. We discuss the current capabilities of cognitive technologies and the implications these technologies will have on human auditors and the audit process...

...Deniz Appelbaum ABSTRACT The purpose of this article is to highlight a main issue regarding reliable audit evidence derived from Big Data—that of secure data provenance. Traditionally, audit evidence external to the client has been regarded as superior to other forms of evidence. However...

...Danielle R. Lombardi; Richard B. Dull ABSTRACT Tools to assist auditors in making sound, complete, and consistent judgements have become increasingly important due to regulation, litigation, and the desire to increase audit effectiveness. Historically, expert systems have been problem specific...

...David Y. Chan; Alexander Kogan ABSTRACT This is a hands-on introductory practical data analytics teaching case that can be used in an auditing or related course. Students will learn about data attributes, data creation, structured query language (SQL), basic statistics, and performing basic audit...

...Hussein Issa; Ting Sun; Miklos A. Vasarhelyi ABSTRACT After decades of frustration with long “AI Winters,” various business industries are witnessing the arrival of AI's “Spring,” with its massive and compelling benefits. Auditing will also evolve with the application of AI. Recently, there has...

.... This paper proceeds in the following manner. The first section has established the motivation for armchair auditors and summarized some of the development of the notion. The next section provides a brief review of crowdsourcing in general and auditing contexts. The third section examines the relationship...