A conceptual risk framework for internal auditing in e‐commerce

Abstract

Auditors provide high assurance to executives amidst information and database risk. A framework is provided for auditors within cyber entities. The categories of e‐commerce, business‐to‐business, business‐to‐customers and mobile commerce use different core technologies. The common factor remains unchanged from the auditors' perception, i.e. risk and its potential to harm the integrity and accuracy of the data and decisions based thereon. E‐commerce requires audit to identify risks and show their impact on the information system. The American Institute of CPAs and Canadian Institute of Chartered Accountants jointly offer seals of assurance at Web and system levels. The limitations of these certifications are important for an auditor since they are set by these accounting bodies. The role and functions of an auditor are beyond those of the assurance approval auditors. Organizational decision‐making processes depend on segments of information bases, whereas these assurance providers audit a limited amount related to their interest.

Citation

Pathak, J. (2004), "A conceptual risk framework for internal auditing in e‐commerce", Managerial Auditing Journal, Vol. 19 No. 4, pp. 556-564. https://doi.org/10.1108/02686900410530556