Archive of Journal - Financing
Financing – scientific magazine for economy
ISSUE 2020, No. 3, Article 5, Year of publication: 11, September, 2020
Predrag Dragičević, MSc*, Anja Rajak, MSc**
*MSc, State Audit Institution,
**MSc, University of East Sarajevo, Faculty of Business Economy Bijeljina, Department for Accounting and Audit
AbstractThe paper provides the literature review on the topic of opportunities and challenges of performing an internal audit in the context of information technologies and overall digital transformation of the economy nowadays, with very big sets of data. The research depicts computer-assisted audit techniques, naming advantages and challenges of their implementation. On one hand, both efficiency and effec-tiveness improvement joined with enhanced data processing reliability. On the other hand, the required expertise and potential technical issues. Which way to go?
Keywords: internal audit, information technologies (IT), computer-assisted audit techniques (CAATs)