A switch to any new manufacturing technology could require significant changes in a firm's accounting system. Unresolved is the question of what effect these changes will have on the independent audit of the manufacturing firm's financial statements. The purpose of this study is to investigate the impact of just‐in‐time (JIT) on the audit of purchasing, from the point of view of the certified public accountant performing the audit. Specifically, the aim is to analyze possible changes in audit testing and internal control in the purchasing function resulting from the implementation of JIT concepts.
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Waples et al. (1989) studied this question.