Considerations Regarding Financial Audit in the Big Data Era
Author:
Professor Victoria STANCIU, Ph.D.
JEL:
M41, M42, M15
DOI:
Keywords:
financial audit, Big Data, information technology, lifelong learning
Abstract:
As the entire society is changing, following the IT wave which leads to a deep implementation of the information technologies, all the industries and professional areas are facing with the same challenging trend. The accounting profession, as well as the financial auditors, are in an ongoing change process, aiming at responding in an adequate manner to the requirements of the society and to the new professional environment they are facing with. In this respect, the knowledge and skills needed by accountants and financial auditors are changing, in the meaning that they imply more IT oriented coordinates. The paper presents the drivers with the highest impact on the financial audit, emphasizing the trends in the profession, as well as new approaches needed both for the university training of new entry professionals, and for the lifelong professional training.\r\n