What are the advanced in technology that can affect audit evidence?

Technology is ubiquitous in today’s workplace. Electronic data interchange (EDI) is the generic name for technology that involves a computer-to-computer exchange of business information. Image processing is a method for translating an image into digital format. As an auditor, you must be aware of how advances in technology, such as EDI and image processing, can affect audit evidence and documentation.

After reading Chapter 5 in the textbook, prepare a post describing the following:

• EDI (electronic data interchange) and image-processing systems
• The implications of each for the auditor’s consideration of audit evidence

In your initial post, support your description and the implications that you have presented with at least one scholarly source in addition to your textbook.

 

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