FARview
FARview
Foundation for Auditing Research
FARview#15 - Tjibbe Bosman - On the collaboration between science and practice
11 minutes Posted Jun 24, 2021 at 1:06 pm.
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In this FARview, Tjibbe Bosman explains the recent collaboration between FAR and an affiliated audit firm.
To scale up data gathering efforts, FAR has created a script based on Robotic Process Automation. Together with PwC, this script has been adjusted to use within the audit of a large asset management corporation, saving considerable time and resources. The code is published open-source for anyone interested: https://github.com/seyithocuk/Automated_Audit_Reconciliations
This collaboration is an excellent example of the possibilities of advancing interactions and functionalities between science and practice.
The paper on this subject is accepted and published in Current Issues in Auditing. Please follow the link for the full paper: https://meridian.allenpress.com/cia/article/doi/10.2308/CIIA-2020-043/465025/Robotic-Process-Automation-for-the-Extraction-of