Continuous auditing to manage risks in payroll

Abstract

Continuous analysis technique Audit as presented in this article to speed up the audit process aimed at reviewing controls, risk management and detection: fraud, suspicious and unusual transactions, errors, etc. The implementation is done by using CAATs (Computer Assisted Auditing Techniques) and a case of payroll where through the use of these techniques is facilitated illustrated: detecting variations on the basic wage, errors and / or fraud in the calculation of payable liquid and discovered “ghost” employees. With the use of Continuous Auditing the effectiveness of controls is maintained because being tested continuously and reporting the results to the occurrence of an event or shortly after treatment while the traditional audit the effectiveness increases after completing the work and deliver recommendations but decreases until the next audit.