Izvorni znanstveni članak
https://doi.org/10.1080/1331677X.2020.1828129
The importance and differences of analytical procedures’ application for auditing blockchain technology between external and internal auditors in Croatia
Boris Tušek
orcid.org/0000-0002-0942-4761
Ana Ježovita
orcid.org/0000-0002-1740-6862
Petra Halar
orcid.org/0000-0002-1129-699X
Sažetak
Nowadays audit profession is faced with an excessive evolution of
the information and communication technology (ICT). The effects
of ICT on auditing are dual. On the one hand, auditing is faced
with the digitalization of companies’ business operations, and on
the other, auditors must be able to adapt their methodologies to
these changes in order to be able to audit implemented ICT in
the companies’ business operations. One of the latest ICT innovations includes the application of blockchain technology (BCT) in
different business operations of a company, which represents the
object of auditing. In order to audit BCT, auditors must apply
appropriate audit procedures, whereas analytical procedures (APs)
represent the most useful one. The subjects of this paper are
external and internal auditors, and their application of APs for
auditing implemented BCT in the companies’ business operations,
in Croatia. Therefore, the main objective of this paper is to investigate the differences in the APs’ application and its usefulness for
auditing BCT, as an emerging ICT, between external and internal
auditors. To investigate the main objective of the paper, desk
research and survey research were conducted. Overall results indicated that external and internal auditors in Croatia are aware that
auditing BCT requires the application of advanced APs, for what
they need to possess excellent knowledge about APs and BCT.
Obtained results showed that auditors in Croatia possess belowaverage knowledge about APs and BCT. Therefore, the necessity
for specialized education of external and internal auditors is inevitable. Regarding the investigation of differences in the readiness
to audit BCT between external and internal auditors in Croatia,
the results confirmed that external auditors are more ready to
audit BCT than internal auditors. Finally, research results confirmed that the application of advanced APs in audit engagements will increase the efficiency and effectiveness of companies’
business operations supported by the BCT.
Ključne riječi
Auditing; external auditors; internal auditors; analytical procedures; blockchain technology
Hrčak ID:
301233
URI
Datum izdavanja:
31.12.2021.
Posjeta: 436 *