Abstract
While CPA (Certified Public Accountant) firms utilize cloud auditing technologies to generate auditing reports and convey information to their clients in the Internet of Things (IoT) Era, they often cannot determine whether cloud auditing is a secure and effective form of communication with clients. Strategies related to cloud auditing provider evaluation and improvement planning are inherently multiple attribute decision making (MADM) issues and are very important to the auditor industry. To overcome these problems, this paper proposes an evaluation and improvement planning model to be a reference for CPA firms selecting the best cloud auditing provider, and illustrates an application of such a model through an empirical case study. The DEMATEL (decision-making trial and evaluation laboratory) approach is first used to analyze the interactive influence relationship map (IIRM) between the criteria and dimensions of cloud auditing technology. DANP (DEMATEL-based ANP) is then employed to calculate the influential weights of the dimensions and criteria. Finally, the modified VIKOR method is utilized to provide improvement priorities for performance cloud auditing provider satisfaction. Based on expert interviews, the recommendations for improvement priorities are privacy, security, processing integrity, availability, and confidentiality. This approach is expected to support the auditor industry to systematically improve their cloud auditing provider selection.
Highlights
Cloud auditing is a major transformation for CPA (Certified Public Accountant) firms in information technology (IT) auditing, as it is expected to enhance the scope and competitiveness of the economy, and can start running in a short time
The advantages of scalability related to cost, maintenance, management, reliability, and cloud auditing are the reasons for the motivation of CPA firms to apply this method
The current big data is accompanied with cloud computing and Internet of Things (IoT), and it is having a huge impact on the global economy and society, and provides new technologies and methods for modern auditing industry and changes the thinking and technique of contemporary auditing, and promotes the big data’ auditing development
Summary
Cloud auditing is a major transformation for CPA (Certified Public Accountant) firms in information technology (IT) auditing, as it is expected to enhance the scope and competitiveness of the economy, and can start running in a short time. The assessment reports of SOC 1, 2, and 3 (Nicolaou et al, 2012), as well as the results of experts’ interviews, confirm the list of multiple dimensions and sub-factors regarding how CPA firms select and evaluate cloud auditing providers. As these dimensions and subfactors are often interrelated, this paper adopts the hybrid MADM method, which combines Decision Making Trial and Evaluation Laboratory (DEMATEL), DEMATEL-Based Analytic Network Process (DANP), and modified VlseKriterijumska Optimizacija I Kompromisno Resenje (modified VIKOR), as based on the interactive influence relationship map (IIRM), in order to overcome this issue.
Sign-in/Register to view highlights & summary Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
