ROBOTIC PROCESS AUTOMATION IN INTERNAL AUDITING

[...]it improves efficiency by automating time-consuming tasks, such as data extraction and validation, allowing auditors to focus on more strategic activities. [...]RPA enhances accuracy by reducing human error and bias, ensuring consistent and reliable audit results. RPA eliminates the risk of hum...

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Bibliographic Details
Published in:Internal Auditing 2023-07, Vol.38 (4), p.33-35
Main Author: Ivancevich, Daniel M
Format: Article
Language:English
Subjects:
Accuracy
Artificial intelligence
Auditing
Audits
Automation
Collaboration
Compliance
Data analysis
Data integrity
Decision making
Efficiency
Ethics
Human error
Internal auditors
Internal controls
Reconciliation
Risk assessment
Skills
Software
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Description
Summary:[...]it improves efficiency by automating time-consuming tasks, such as data extraction and validation, allowing auditors to focus on more strategic activities. [...]RPA enhances accuracy by reducing human error and bias, ensuring consistent and reliable audit results. RPA eliminates the risk of human error by consistently following predefined rules and procedures. [...]RPA avoids the biases and subjectivity that humans may introduce in data analysis and decision-making.
ISSN:0897-0378