This book explores the current developments in auditing, spanning theoretical foundations, practical applications, and the impact of digital transformation, particularly with regard to advancements in artificial intelligence and machine learning, including the development of large language models (LLMs) tailored to specific industries. These technologies have the potential to enhance the accuracy and efficiency of audits by providing deeper insights and automating complex tasks. Within this context, the book considers audit procedures, materiality, going concern assessments, and the integration of AI and IoT in audit processes. The book also addresses internal auditing challenges, pandemic-era adaptations, and auditor liabilities. The book serves as a vital resource for scholars, practitioners, and students seeking insight into the evolving auditing landscape.

Explores artificial intelligence applications in accounting and auditing Assists readers to understand how auditors apply International Auditing Standards Provides practical insights into the evolving auditing landscape through case studies

Autorentext

Ganite Kurt is a distinguished professor of accounting at Ankara Hac Bayram Veli University with over 30 years of academic experience. Her research interests span a wide range of topics, including accounting theory, auditing, accounting ethics, audit fraud, financial accounting, International Financial Reporting Standards (IFRS), International Standards on Auditing (ISA), family businesses, corporate governance, and internal control systems. Prof. Kurt has authored numerous publications in national and international peer-reviewed journals, as well as book chapters in the field of accounting. In addition to her academic contributions, she has actively participated in the design, management, and execution of various national and international research projects. Throughout her career, she has held key academic and administrative positions, including serving as both an instructor and an administrator at a vocational school, gaining extensive experience in teaching and institutional leadership.

Assoc. Prof. Özkan Sarsoy, CPA, began his undergraduate studies in Business Administration at Trakya University in 2006. He completed the final semester of his undergraduate education in Germany through a student exchange program and earned his bachelor's degree in 2010. He obtained his M.A. in Accounting and Auditing from the Institute of Social Sciences at Trakya University in 2012, with a thesis focusing on International Financial Reporting Standards. In 2018, he received his Ph.D. in Accounting from Istanbul University, with a dissertation analyzing the presentation of Key Audit Matters in independent auditor reports. Dr. Sarsoy's research interests include independent auditing, financial fraud, behavioral accounting, and accounting culture. He has served as a reviewer for several national and international academic journals and is currently an academic at Tekirda Namk Kemal University.

Inhalt

PART 1 - ABOUT ACCOUNTING AND AUDIT RESEARCHERS' PLATFORM (MUDEP) AND ASSURANCE SERVICES ASSOCIATION (GHD): CHAPTER 1: Introduction - An Innovative Dual Structure for Academic Engagement in Accounting: The Association-and-Platform Model.- CHAPTER 2: In Memoriam: The Scholarly Legacy of Mehmet Özbirecikli A Bibliometric Reflection.- PART 2 - AUDIT THEORY THROUGH THE EYES OF MUDEP ACADEMICS: CHAPTER 3: Audit Procedures Disclosed under Key Audit Matters: An Analysis of Auditor Reports from BIST - Listed Manufacturing Companies.- CHAPTER 4: The Role of Materiality in Audit Sample Selection.- PART 3 - AUDIT PRACTICES THROUGH THE EYES OF MUDEP ACADEMICS: CHAPTER 5: Evaluating Concern Assumptions in Auditing: A Case in the Renewable Wind Energy Sector.- CHAPTER 6: Examining The Effect of Related Party Transactions on the Value of the Enterprise Within The Scope of ISA 550: The Case of ISBANK.- CHAPTER 7: ISA 560 Subsequent Events: An Application in Borsa Istanbul.- CHAPTER 8: ISA 570 'Going Concern' Standard: Applications in the Banking Sector Audit Reports.- PART 4 - ARTIFICIAL INTELLIGENCE AND DIGITALIZATION IN AUDITING THROUGH THE EYES OF MUDEP ACADEMICS: CHAPTER 9: Effects of the Digital Integration Process on the Practice of Independent Auditing.- CHAPTER 10: Exploring the Role of the Internet of Things and Digital Twin Technologies in the Audit Process.- CHAPTER 11: The Use of Artificial Intelligence in Independent Auditing.- PART 5 - RECENT ISSUES ON INTERNAL AUDITING AND EXTERNAL AUDITING THROUGH THE EYES OF MUDEP ACADEMICS: CHAPTER 12: Expectation Gaps in Internal Auditing: An Examination of the Perspectives of External and Internal Auditors.- CHAPTER 13: An Examination of the Effects of the Pandemic Period on the Independent Audit Process Within the Scope of International Auditing Standards.- CHAPTER 14: Legal and Criminal Liabilities of the Independent Auditor.