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- Title
Auditing in an IT Environment: Its Impact in Saudi Arabia.
- Authors
Al-Fehaid, Abdullah; Higson, Andrew
- Abstract
The sophistication of IT-based accounting systems has increased rapidly over the past 25 years and this has presented real challenges to the external auditors. In 1997, the Saudi Organisation for Certified Public Accountants (SOPCA) issued an audit standard covering auditing in a computer environment. The aim of this study, through interviews with external auditors in Saudi Arabia, is to examine the problems that they faced in the conduct of the audit of computerized accounting systems and to examine the impact of the SOCPA audit standard. The findings revealed that there are a number of concerns about the state of clients' IT environments due to faulty software, in competence of clients' staff and weakness in internal controls. However, the problems were not all on the clients' side. There were concerns about the limited investment in auditor training for IT work. Nearly half of the auditors interviewed had not heard of the Saudi audit standard covering auditing in a computer environment (they continued to use the US or International standards).
- Subjects
SAUDI Arabia; INFORMATION technology; ACCOUNTING; AUDITING standards; AUDITORS
- Publication
ICFAI Journal of Audit Practice, 2008, Vol 5, Issue 1, p7
- ISSN
0972-9070
- Publication type
Article