The Impact of Transactional E-Commerce on CPAs' Perception of Audit Risk: Preliminary Results

摘要

In this paper, we report results from a preliminary study designed to understand 1) the level, if any, at which transactional e-commerce systems are viewed as sufficiently substantive to have a material impact on audit risk, and 2) how the presence of a material transactional e-commerce system impacts auditors 'perceptions of audit risk. The results provide motivation for a more extensive and detailed study that investigates how a material e-commerce presence impacts the individual components of audit risk specified in SAS 55 (AICPA, 1988).