ABSTRACT
An adequate and sufficient level of investment in the practices of obtaining, processing, managing, transmitting and disseminating internal and external pieces of data and information through the medium of IT has become an overwhelming necessity for all audit firms. This fact makes IT a common strategic factor across all organisations and a threshold competence – an area in which an organisation must excel to gain and maintain its competitive advantage. Therefore, for an audit to achieve its objectives, access to the necessary information relating to organisations’ economic and financial activities is crucial.
