An Empirical Investment of the Factors Influencing the Adoption of Computer Based Auditing in Public Limited Liability Companies in Nigeria

The previous method of auditing used, known as the manual system of auditing has gone out of date as a result of the technological development. Overtime, the job of an auditor required more accuracy, efficiency, professionalism and quality which were not possible with the use of the manual system of auditing. As a result of the rapid growth and complexity of business organizations in recent times, the traditional method of Auditing is no longer capable of adequately performing its function. This has given rise to the adoption of computer based auditing which is capable of adequately performing the function of an auditor. The adoption of computer based auditing has brought about saving of time in the carrying out of audit assignment. The study focused on factors influencing the adoption of computer based auditing in public limited liability companies in Nigeria. A sample size of 82 was drawn from three selected audit firms in Lagos. The major instrument used for data collection is the questionnaire and the data analysis technique used is the chi-square. The following findings emerged from the study: the adoption of computer based auditing has increased the level of accuracy of the auditor, there is a relationship between easy retrieval of data and the adoption of computer based Auditing; there is a relationship between efficiency and effectiveness of an auditor as the adoption of computer based Auditing has brought about an increase in the desired result of audit assignment. The paper concluded that recent development in technology has left no aspect of the accounting profession untouched and the auditing field is no exception, the impact of computer based auditing on the auditing profession cannot be over emphasized, it has made the job of the auditor easier, faster and even gone further to reduce the risk in the job of the auditor by guaranteeing a greater level of accuracy, it has brought about increase in the efficiency and effectiveness of an auditor and has helped the auditor in meeting deadlines for audit assignments by saving time. Finally, - 233 - the study recommends: that, Audit firms should ensure they have audit software in use for those who have not started using any, in order to enhance the job of the auditor; Adequate training should be given to the auditor regularly on the use of the audit software, audit firms should ensure that they have adequate and current information on current issues such as technological development,Keywords: Auditing, Computer based auditing, Information technologyInternational Journal of Development and Management Review (INJODEMAR) Vol. 7 June, 201

Advanced eGovernment Information Service Bus (eGov-Bus)

The eGov-Bus project provides citizens and businesses with improved access to virtual public services, which are based on existing national eGovernment Web services and which support cross-border life events. Requirements and specific rules of these life events are considered, and personalization of user preferences is supported. eGov-Bus is based on adaptable process management technologies, allowing for virtual services which are dynamically combined from existing national eGovernment services. In this way, a comprehensive workflow process is set up, allowing for service-level agreements, an audit trail and explanation of the process to the end user. The eGov-Bus process engine operates on top of a virtual repository, providing a high-level semantic view of information retrieved from heterogeneous information sources, such as eGovernment Web services. Further, eGov-Bus relies on a security framework to ensure all high-level security requirements are met. The eGov-Bus architecture is business oriented, it focuses on Service Oriented Architecture (SOA) concepts, asynchronously combining Web services and providing a Service Bus.Frameworks and Guidelines, eGovernment Ontologies, Admininistrative Process Design, Life Events, Web Services, Service Bus Integration

Evaluation Strategy for the Re-Development of the Displays and Visitor Facilities at the Museum and Art Gallery, Kelvingrove

No abstract available

Sciunits: Reusable Research Objects

Science is conducted collaboratively, often requiring knowledge sharing about computational experiments. When experiments include only datasets, they can be shared using Uniform Resource Identifiers (URIs) or Digital Object Identifiers (DOIs). An experiment, however, seldom includes only datasets, but more often includes software, its past execution, provenance, and associated documentation. The Research Object has recently emerged as a comprehensive and systematic method for aggregation and identification of diverse elements of computational experiments. While a necessary method, mere aggregation is not sufficient for the sharing of computational experiments. Other users must be able to easily recompute on these shared research objects. In this paper, we present the sciunit, a reusable research object in which aggregated content is recomputable. We describe a Git-like client that efficiently creates, stores, and repeats sciunits. We show through analysis that sciunits repeat computational experiments with minimal storage and processing overhead. Finally, we provide an overview of sharing and reproducible cyberinfrastructure based on sciunits gaining adoption in the domain of geosciences

Issues concerning web-based business reporting: an analysis of the views of interested parties

Rapid developments in information and communications technology have led organisations in many countries to consider the impact of the Internet on the delivery and dissemination of business information. This paper reports the findings of a UK study into the views of various user groups, preparers and auditors regarding specific proposals for change and newly emerging practices. Over 500 individuals from six groups responded to a questionnaire study, representing an overall response rate of 33%. Views were elicited regarding: (i) the desirability of different kinds of additional information that could be provided electronically, (ii) the usefulness of different navigation and search aids, and (iii) the portability of information under different formats.It is found that users favour many of the expansions of scope made possible by the web. A range of navigation aids, search aids and file formats are found by all groups to be at least fairly useful, especially global navigation aids. Preferences regarding file formats vary across the groups. Paired group comparisons show that, while expert and non-expert users hold similar views in relation to many issues, users' and preparers' views differ considerably. Auditors' views generally fall in between those of users and preparers. Cyert and Ijiri's (1974) framework is used to rationalise the observed conflicts and congruences of interest, underpinning clear pointers for policy-makers

Computer Aided Audit Techniques and Fraud Detection

This study sought to identify the various types of fraud encountered during financial transactions, evaluate the adoption of Computer Aided Audit Tools (CAATs) in fraud detection in an organization, appraise the impact of CAATs on performance of an organization, and ascertain the problems of CAATs’ application within an organization. Data for the study was collected using a well-structured questionnaire which was distributed to staff members of a large audit firm in Nigeria. Data obtained was statistically analyzed using statistical package for social sciences (SPSS). The hypothesis of the study was analyzed using regression analysis. The result of this study showed that 72.8% of the respondents agreed that CAATs have played a major role in fraud detection, and hence can be used to curb fraud to a minimal level in organizations. 58.1% of the respondents ascertained that CAAT helped to improve the auditors’ performance. Furthermore, the cost of implementing CAAT, the required skills to be acquired for its usage and systems database requirements, are some of the problems found to be associated with the introduction and application of CAAT to organizations. Thus, it can be reasonably concluded that CAAT can help in the transparency of financial reports within organizations because it is a platform where fraudulent and misappropriated practices are easily detected. Keywords: Fraud, CAAT, Audit software, Accounting Informatio

From ticking to clicking: Changes in auditing techniques in Britain from the 19th century to the present

The purpose of this article is to detail and explain the changes in auditing techniques that have taken place in Britain since the Victorian era, an area of study hitherto neglected by accounting historians. In so doing, it is hoped that an increasing knowledge of past practices will put the current processes into context. The source material for the paper includes new evidence from a program of oral history and postal questionnaires, together with more traditional sources such as the trade journals and textbooks. The so-called bookkeeping audit of vouching and checking postings and castings, and with the auditor also doing a fair proportion of the client\u27s accounting, was typical down to the 1960s. Major changes then took place, including a decline in accounting work, an increased focus on the balance sheet, and a reliance on sampling and the systems approach. This trend is explained by a growth in the size and professionalism of audit clients. Further change since the 1980s reflects the use of risk assessment, materiality, and analytical review and may be ascribed to the growing commercial pressures on auditors

InfoTech Update, Volume 9, Number 6, November/December 2001

https://egrove.olemiss.edu/aicpa_news/4989/thumbnail.jp

Auditing & EDP

https://egrove.olemiss.edu/aicpa_guides/1018/thumbnail.jp