Business Process Mining and Reconstruction for Financial Audits

Michael Werner, Nick Gehrke, Markus Nüttgens

Publikation: Bidrag til bog/antologi/rapportKonferencebidrag i proceedingsForskningpeer review

Abstrakt

In modern companies business processes and information systems are highly integrated and transactions are executed system based and automated. The data generated in the course of processing transactions commonly provides the basis for internal and external financial reporting. The financial statements are subject to audits due to regulatory requirements. Contemporary audit approaches take into account internal control frameworks over relevant business processes and underlying information systems, but they lack adequate audit procedures needed to handle voluminous data flows when business processes are highly integrated and automated. We face a discrepancy between an integrated and automated transaction processing on the one side and manual audit procedures on the other. Financial audits would be more effective and efficient if an audit approach with system based and automated procedures would be applied. This article describes how business process mining and reconstruction of mined processes can be used to overcome this discrepancy.
OriginalsprogEngelsk
TitelProceedings of the 45th Hawaii International Conference on System Sciences
RedaktørerRalph H. Sprague
Udgivelses stedLos Alamitos, CA
ForlagIEEE
Publikationsdato2012
Sider5350–5359
ISBN (Trykt)9780769545257
DOI
StatusUdgivet - 2012
Udgivet eksterntJa
BegivenhedThe 45th Hawaii International Conference on System Science. HICSS 2012 - Maui, USA
Varighed: 4 jan. 20127 jan. 2012
Konferencens nummer: 45
http://www.hicss.hawaii.edu/hicss_45/apahome45.htm

Konference

KonferenceThe 45th Hawaii International Conference on System Science. HICSS 2012
Nummer45
LandUSA
ByMaui
Periode04/01/201207/01/2012
SponsorUniversity of Hawaii at Manoa
Internetadresse
NavnProceedings of the Annual Hawaii International Conference on System Sciences
ISSN1060-3425

Citationsformater

Werner, M., Gehrke, N., & Nüttgens, M. (2012). Business Process Mining and Reconstruction for Financial Audits. I R. H. Sprague (red.), Proceedings of the 45th Hawaii International Conference on System Sciences (s. 5350–5359). IEEE. Proceedings of the Annual Hawaii International Conference on System Sciences https://doi.org/10.1109/HICSS.2012.141