Developments in Expert Audit Systems

Abstract

Expert systems have been used in the audit practice since the mid-eighties, although the word ‘used’ can easily suggest more than is justified. Routine operational usage occurs only in a few, specialized audit applications in institutions like banks. There are some other expert systems that have been introduced as operational, but they still lack acceptance on a large scale. The developments are in the early stages; we are still looking for the right applications. To gain an insight into the usage and the possibilities, it is appropriate to look at the developments to-date.