Business Process Mining and Reconstruction for Financial Audits

Michael Werner, Nick Gehrke, Markus Nüttgens

Research output: Chapter in Book/Report/Conference proceedingArticle in proceedingsResearchpeer-review


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.
Original languageEnglish
Title of host publicationProceedings of the 45th Hawaii International Conference on System Sciences, HICSS 2012
EditorsRalph H. Sprague Jr.
Number of pages10
Place of PublicationLos Alamitos, CA
Publication date2012
ISBN (Print)9780769545257
Publication statusPublished - 2012
Externally publishedYes
Event2012 45th Hawaii International Conference on System Sciences, HICSS 2012 - Maui, United States
Duration: 4 Jan 20127 Jan 2012
Conference number: 45


Conference2012 45th Hawaii International Conference on System Sciences, HICSS 2012
Country/TerritoryUnited States
SponsorUniversity of Hawaii at Manoa
Internet address
SeriesProceedings of the Annual Hawaii International Conference on System Sciences

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