Abstract
| Original language | English |
|---|---|
| Title of host publication | Proceedings of the 2012 CAiSE International Workshops |
| Subtitle of host publication | Advanced Information Systems Engineering Workshops |
| Editors | M. Bajec, J. Eder |
| Place of Publication | Heidelberg |
| Publisher | Springer Verlag |
| Pages | 322-336 |
| ISBN (Print) | 9783642310683 |
| DOIs | |
| Publication status | Published - 2012 |
| Externally published | Yes |
| Event | 24th International Conference on Advanced Information Systems Engineering - Gdansk, Poland Duration: 25 Jun 2012 → 29 Jun 2012 |
Publication series
| Name | Lecture Notes in Business Information Processing |
|---|---|
| Volume | 112 |
Conference
| Conference | 24th International Conference on Advanced Information Systems Engineering |
|---|---|
| Abbreviated title | CAiSE 2012 |
| Country | Poland |
| City | Gdansk |
| Period | 25/06/12 → 29/06/12 |
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Keywords
- compliance monitoring
- auditing
- evidence
Cite this
}
Control automation to reduce costs of control. / Christiaanse, R.; Hulstijn, J.
Proceedings of the 2012 CAiSE International Workshops: Advanced Information Systems Engineering Workshops. ed. / M. Bajec; J. Eder. Heidelberg : Springer Verlag, 2012. p. 322-336 (Lecture Notes in Business Information Processing; Vol. 112).Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › Scientific › peer-review
TY - GEN
T1 - Control automation to reduce costs of control
AU - Christiaanse, R.
AU - Hulstijn, J
PY - 2012
Y1 - 2012
N2 - Much compliance effort concerns adherence to contracts. Parties to a contract need to make sure the other party fulfills the contract. To this end they may require additional controls in the business process. Controls have costs. In this paper we argue that fully automated controls help to lower control costs, because (i) the can help prevent misstatements (compliance by design) or (ii) they increase the quality of audit evidence and thereby reduce the audit risk and additional audit fees. The line of reasoning is illustrated by a case study of the implementation of automated controls on the procurement process for public transport services for the elderly and disabled. The case study suggests open issues, which can be linked to concepts from Normative Multi Agent Systems.
AB - Much compliance effort concerns adherence to contracts. Parties to a contract need to make sure the other party fulfills the contract. To this end they may require additional controls in the business process. Controls have costs. In this paper we argue that fully automated controls help to lower control costs, because (i) the can help prevent misstatements (compliance by design) or (ii) they increase the quality of audit evidence and thereby reduce the audit risk and additional audit fees. The line of reasoning is illustrated by a case study of the implementation of automated controls on the procurement process for public transport services for the elderly and disabled. The case study suggests open issues, which can be linked to concepts from Normative Multi Agent Systems.
KW - compliance monitoring
KW - auditing
KW - evidence
U2 - 10.1007/978-3-642-31069-0_27
DO - 10.1007/978-3-642-31069-0_27
M3 - Conference contribution
SN - 9783642310683
T3 - Lecture Notes in Business Information Processing
SP - 322
EP - 336
BT - Proceedings of the 2012 CAiSE International Workshops
A2 - Bajec, M.
A2 - Eder, J.
PB - Springer Verlag
CY - Heidelberg
ER -