Providing assurance using a series of reports provided simultaneously or shortly after the related information is released is referred to as:
A)Continuous auditing.
B)Serial auditing.
C)Systems reliability auditing.
D)Simultaneity auditing.

Question

Quizplus · Accepted Answer

Continuous auditing involves providing assurance in real-time or at frequent intervals using technology-enabled techniques. It is a proactive approach to auditing that can help identify issues early on and reduce the risk of financial misstatements. Serial auditing, systems reliability auditing, and simultaneity auditing are not recognized terms in auditing.

Providing Assurance Using a Series of Reports Provided Simultaneously or Shortly