IT Implementation Challenges in Accounting and Auditing

The application of information technologies in the business of modern organizations is taken for granted today. The sustainability of an organization without the implementation of information technologies in almost all business functions of that organization is not possible. An informa­tion system designed in this way is subject to frequent errors and data loss, so permanent internal and external monitoring is necessary. Consequently, a completely new profession is developing, which is the auditing of infor­mation systems. The audit of information systems is complicated, and the field of its action is much wider than the audit of financial statements. The domain of information systems audit is both accounting and non-accounting information systems. This paper deals with defining the subject and role of information system audit.