Online exam is a method, which incorporates on-site audit performed by simply trained staff members, who conduct audit actions in a paperless or electronic environment, when an application program handles the developing of information or perhaps instantly following the processing is definitely complete. It is also a form of regular, real-time auditing, that produces audit brings about a short span of energy or even for a same time. The techniques used by performing on the net audits vary from company to company, depending upon the nature and size of a company. Some auditors review papers online, while some access the documents yourself by hand. Based upon this practice, there are several advantages to exam conducted via the internet:

o No longer waiting for caractère from different departments. A great on-site auditor uses his or her human intuition, even though an online auditor performs transactions using frigid, logical thinking. The latter allows the user to pay attention to other aspects of the organization, instead of constantly trying to find the reasons designed for particular deals. In addition , an internet audit can easily identify fake transactions, that could be a great prevention against reduction and understanding of innovation theft. Which has a well-built data system, a small business can make sure that all ventures go through and no loopholes tend to be found that may cause serious damage.

o You can forget third party treatment. With vacation intervention, there is the potential for audits to become a method to obtain tension and delay, the moment information issues occur. Furthermore, the traditional manner of on-site or perhaps offline auditing is less prone to fraud in comparison with over the internet auditing. The moment third parties will be informed regarding the on-site or off-line audit method, they will try to prevent or diminish this sort of activity, as they view it as a infringement of their privileges. The application system method of on-site auditing can be therefore even more prone to fraudulence than third-party auditing.