Process Model Representation Layers for Financial Audits

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

Abstract

Business processes play a significant role in financial audits. They are carried out by auditors who require diverse information for this purpose. Process mining techniques offer new opportunities to exploit data from ERP systems to generate reliable process models very effectively and efficiently. Traditional process models are only suited to provide information on a single process. This study illustrates how diverse information aspects that are required for process audits can be provided to the auditor by using different process model types that relate to different representation layers. Process mining techniques commonly operate on the business process and instance level. This study introduces process map and process stream models as higher level abstractions of multiple business processes. The introduction of higher-level process models in combination with traditional model types allows an all-encompassing representation of information aspects that are relevant for process audits in the context of financial audits.
Original languageEnglish
Title of host publicationProceedings of the 49th Hawaii International Conference on System Sciences (HICSS 2016)
EditorsRalph H. Sprague, Tung X. Bui
Number of pages10
Place of PublicationLos Alamitos, CA
PublisherIEEE
Publication date2016
Pages5338–5347
Article number7427847
ISBN (Print)9781479983896
ISBN (Electronic)9780769556703
DOIs
Publication statusPublished - 2016
Externally publishedYes
EventThe 49th Hawaii International Conference on System Sciences. HICSS 2016 - Kauai, Hawaii, United States
Duration: 5 Jan 20168 Jan 2016
Conference number: 49
http://www.hicss.org/

Conference

ConferenceThe 49th Hawaii International Conference on System Sciences. HICSS 2016
Number49
CountryUnited States
CityKauai, Hawaii
Period05/01/201608/01/2016
Internet address
SeriesProceedings of the Annual Hawaii International Conference on System Sciences
ISSN1060-3425

Cite this

Werner, M. (2016). Process Model Representation Layers for Financial Audits. In R. H. Sprague, & T. X. Bui (Eds.), Proceedings of the 49th Hawaii International Conference on System Sciences (HICSS 2016) (pp. 5338–5347). [7427847] Los Alamitos, CA: IEEE. Proceedings of the Annual Hawaii International Conference on System Sciences https://doi.org/https://www.computer.org/csdl/proceedings/hicss/2016/5670/00/5670f338.pdf, https://doi.org/10.1109/HICSS.2016.659