Big data as complementary audit evidence

Document Type

Article

Abstract

In this paper we argue for the use of Big Data as complementary audit evidence. We evaluate the applicability of Big Data using the audit evidence criteria framework and provide cost-benefit analysis for sufficiency, reliability, and relevance considerations. Critical challenges, including integration with traditional audit evidence, information transfer issues, and information privacy protection, are discussed and possible solutions are provided.

Publication Title

Accounting Horizons

Publication Date

6-1-2015

Volume

29

Issue

2

First Page

431

Last Page

438

ISSN

0888-7993

DOI

10.2308/acch-51076

Keywords

audit evidence, big data

Link to Full Text

Share

COinS