Auditing in an ERP environment
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2020-07-15
Language
en
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Abstract
Many organizations have implemented ERP packages in order to standardize their
business processes and to improve their operational efficiency. ERP packages offer
organizations the possibility to share and collect financial data into one single database, that is
able to produce financial reports such as income statements or balance sheets. To make sure
that these reports are free from material misstatements, an external audit firm is hired. External
auditors have to determine whether the figures, produced by an ERP system, are truly
representing an organization’s financial position. However, while much research has been done
in the field of ERP systems and auditing in general, little is known about how ERP systems
transform the external audit profession. Therefore, in this paper, it is examined from an
actornetwork perspective how the daily practices of external auditors have been changing as a
result of the usage of ERP systems. It does so by conducting a qualitative case study in an
accounting firm. Furthermore, it is investigated what additional expertise is required for
external auditors to perform an audit in an ERP environment.
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Faculteit der Managementwetenschappen