Continuous auditing is a method used to automatically perform control and risk assessment more frequently. Technology is the key to enable such an approach. Continuous auditing changes the audit paradigm from periodic reviews of a sample to ongoing audit testing of ______ percent of transactions.

Question

Quizplus · Accepted Answer

Continuous auditing involves ongoing audit testing of 100 percent of transactions, as it leverages technology to continuously monitor and assess all transactions rather than just a sample.

Continuous Auditing Is a Method Used to Automatically Perform Control