The Office of the Auditor General of Norway - OAG Annual meeting of the Baltic and Nordic SAIs, Vilnius 2-3 September 2004. www.riksrevisjonen.no OAGs IT use in auditing. The Office of the Auditor General of Norway - OAG Annual meeting of the Baltic and Nordic SAIs, Vilnius 2-3 September 2004.
OAGs IT use in auditing
OAGs IT tools in financial auditing - overview
- Process-oriented IT audit tool.
- Developed by OAG.
- Technical system for extraction, transforming and receiving financial data from
- Developed by OAG
- Data analysis software
- Based on data extracted by TOMAS or received by CD
General objectives of all the IT tools:
Efficient/effective audit by exploiting information technology through:
Facilitating technical audit work
e.g. uniform and easy access to financial data, documentation of the
Integration of IT tools.
Objectives and characteristics:
Main objective/strategic decision: Uniform/common access to financial data.
Tomas is integrated with Prosit and WinIDEA: Easy access !
Auditees have different accounting systems
- Historic effect: auditors were using accounting systems provided by the
auditees and the auditors needed specific knowlegde of different systems.
- Present situation: No specific knowledge of each accounting system is
needed which increase the flexibility of auditors between engagements.
TOMAS collects financial data from auditees/data-owners and transfers data to
OAG and imports data to OAGs database. Database contains approximately 160
GigaByte collected from about 450 auditees.
Process: Auditors have access to the data through a wizard/menu on the internet
and data are delivered by a link in the mail-system and imported automatically into IDEA
Changes & Challenges
2005: New methodology are implemented, based on international auditing methodologies: IFAC, COSO etc.
2004/2005: Prosit are undergoing a change parallel to the methodological
2004/2005: TOMAS are changing from importing all financial data to specific data
required by OAG.
General challenge ?
IT tools must support the need of OAG on all levels: strategic, tactical, operational and specially give an increased value to the auditing process and the goals of OAG.