The risks of the absence of documentary documentation in light of electronic and cloud accounting and its impact on the performance of the external auditor

Master’s thesis submitted to

The Council of the College of Administration and Economics – University of Karbala, which is part of the requirements for obtaining a master’s degree in accounting

Submitted by

Baneen Hassoun Jawad AL-taayiy

Supervised by

Prof.Dr. Asaad Muhammad Ali Wahab Al-Awwad

Abstract
The research aims to identify audit risks in light of electronic and cloud accounting and to identify the most important challenges facing the external auditor in the absence of documentary documentation with a statement of the theoretical framework for electronic and cloud accounting and to address manual and electronic audit evidence and their impact on the performance of the external auditor. Were distributed 163 questionnaires to respondents from auditors and Chartered accountants in auditing offices, the Office of Financial Supervision and university professors, T-test and F-test in addition to Path Analysis, using both the SPSS and Eviews statistical program in addition
to the AMOS statistical program for the purpose of testing hypotheses. The research reached many conclusions, including: The concept and objectives of the audit process in general under electronic and cloud accounting differ
from the concept and objectives under the traditional system, and that the use of the computer affected the form and nature of the documentary group, and that the presence of electronic audit programs enabled the auditor to
enhance evidence in light of electronic and cloud accounting.
Based on the results and conclusions reached by the research, the research recommends the need to ensure that electronic evidence is valid for issuing a judgment, and thus will contribute to improving the quality of the auditor’s professional performance by providing good characteristics of the evidence and the need to issue a professional standard that requires the external auditor to rely on the entrance to the risk to plan and implement the process Auditing in order to protect the user of the financial statements through their knowledge of the size of the permissible error and the ability of the auditor to discover fundamental errors, especially their rise in light of electronic and cloud accounting