6533b7d9fe1ef96bd126cade

RESEARCH PRODUCT

Data analytics in banks' audit: The case of loan loss provisions in Uruguay

María A. García-benauAna Zorio GrimaNicolás Gambetta

subject

Marketing050208 financebusiness.industryBusiness reporting05 social sciencesAccounting050201 accountingAudit planAuditcomputer.file_formatXBRLBanking industryLoan0502 economics and businessData analysisbusinessEnterprise resource planningcomputer

description

Abstract The purpose of this study is two-fold: firstly, to analyze the benefits of implementing an enterprise resource planning (ERP) system and using eXtensible Business Reporting Language (XBRL) format to report in the banking industry considering the industry's specific risks and complexities. Secondly, to show that both, ERP and XBRL are necessary to successfully use Computer Assisted Audit Techniques (CAATs) while performing audit procedures to verify the compliance of certain crucial regulatory requirements. The study shows the possible consequences of not using CAATs to audit the compliance of loan loss provisions' regulatory requirements in Uruguay.

yearjournalcountryeditionlanguage
2016-11-01Journal of Business Research
https://doi.org/10.1016/j.jbusres.2016.04.032