Title

Developing a forensic continuous auditing model.

SelectedWorks Author Profiles:

Grover S. Kearns

Document Type

Article

Publication Date

2011

Date Issued

January 2011

Date Available

July 2014

ISSN

1558-7215

Abstract

Despite increased attention to internal controls and risk assessment, traditional audit approaches do not seem to be highly effective in uncovering the majority of frauds. Less than 20 percent of all occupational frauds are uncovered by auditors. Forensic accounting has recognized the need for automated approaches to fraud analysis yet research has not examined the benefits of forensic continuous auditing as a method to detect and deter corporate fraud. The purpose of this paper is to show how such an approach is possible. A model is presented that supports the acceptance of forensic continuous auditing by auditors and management as an effective tool to support the audit function, meet management's regulatory objectives, and to combat fraud. An approach to developing such a system is presented.

Comments

Abstract only. Full-text article is available only through licensed access provided by the publisher. Published in Journal of Digital Forensics, Security and Law, 6(2), 25-42. Members of the USF System may access the full-text of the article through the authenticated link provided.

Language

en_US

Publisher

Association of Digital Forensics, Security and Law

Creative Commons License

Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.