Applicability of IT Assisted Audit to Accounting Fraud Cases of the Companies

Abstract

　In the audit practice, the auditor can use IT for browsing and analyzing various data, to prevent overlooking important problems and to improve the possibility of discovering new problems. In addition, it is expected that the effectiveness and efficiency of the audit will be enhanced and the effect on the accounting fraud discovery will be improved. In this paper, in order to examine the applicability of IT assisted audit for accounting fraud discovery, characteristics of accounting fraud cases of companies listed on the emerging market on the Tokyo Stock Exchange. As a result, it pointed out that collating / analyzing transaction data, cost analysis, transaction condition analysis, credit situation analysis are effective as a fundamental viewpoint of accounting fraud discovery. In the future, it is necessary to upgrade the analysis by utilizing new scenario analysis typologies.