Page 32 - Auditinf Electronic System

GAAS (In traditional audit) GAAS (In electronic audit)

3. When the auditor determines that
disclosures are not reasonably adequate,
the auditor must so state in the auditor's
report.

4. The auditor must either express an
opinion regarding the financial
statements, taken as a whole, or state
that an opinion cannot be expressed, in
the auditor's report. When the auditor
cannot express an overall opinion, the
auditor should state the reasons therefor
in the auditor's report. In all cases where
an auditor's name is associated with
financial statements, the auditor should
clearly indicate the character of the
auditor's work, if any, and the degree of
responsibility the auditor is taking, in the
auditor's report.

First: General standards:

The same like traditional audit there are 3 general standards should be satisfied
in continuous audit.

1) Adequate technical training and proficiency:

The auditor must have the proper qualifications and enough experience perform
the audit. in case of IT audit, the auditor should be well trained and has
professional experience (at least for 2 years) on the usage of IT in accounting
and auditing.

2) Independence:
The auditor must maintain independence in mental attitude in all matters relating
to the audit. This means that, it is NOT allowed to perform IT audit and IT
consultancy services relating the design and the security of real time
information systems. But it is allowed to provide continuous audit &cyber
security risk management.

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‫جميع الحقوق محفوظة ـ الإعتداء على حق المؤلف بالنسخ أو الطباعة يعرض فاعله للمسائلة القانونية‬