This book sets out to critically explore and examine the potential
consequences of e-business for auditing practice and education aiming
to: investigate the impact of e-business on the technical aspects of
financial auditing; explore the potential consequences of e-business for
the auditing profession; and examine the consequent response to
e-business changes.The investigation into the above objectives is
approached through the employment of a number of different research
methods: semi-structured interviews; postal questionnaires; and content
analysis. The findings from this study make three main contributions to
the fields of auditing practice, auditing professionalisation and
accounting education. First, the research demonstrates the potential
electronic transformation of financial audit practice. Secondly, the
study predicts the possible jurisdictional dispute between financial
auditors and IT auditors over e-business audit services. Finally, the
study shows that universities are somewhat 'under-achieving' with
respect to the e-business education provided to accounting
undergraduates.