What is the impact of information technology on financial reporting audits?

In today's era of big data, due to the rapid development of information technology, it is difficult to meet the needs of the work by manual audit. What is the impact of information technology on the audit of financial reports? This issue has triggered a lot of accountants to think, to follow the deep space network together to understand it!

A, information technology on the preparation of financial reports have an impact

With the continuous development of information technology, ERP systems as a representative of the information system has achieved large-scale popularization of the development of accounting information technology is more and more mature. The use of ERP systems, the business side and the financial side of the enterprise have been highly integrated. With the premise of information integration and effective control, the information system to the configuration of the business logic based on routine business operations for automated bookkeeping, you can achieve the purpose of improving efficiency, but also to reduce some of the errors caused by human intervention.

Two, on the audit of the technical means of impact

The rapid development of information technology, manual audit work has been difficult to meet the needs of the work. Information technology as an audit tool, for the successful completion of the audit has an important impact.

Third, the impact on the content of the audit

Because of the characteristics of information systems and the inherent risks, auditing in the information technology environment needs to be the processing of information technology systems and related control functions to review.

Fourth, the impact on the audit trail

Traditional audit trail includes vouchers, journals, ledgers and statements. While the information technology environment, the audit trail includes data storage media, access methods and processing procedures.

V. Some impact on internal control

With the development of information technology, the objectives of internal control, although unchanged, but the business activities and business processes are facing new risks, and finally make the nature of the specific control activities change.