Critically evaluate the assertion that "auditing e-business is no different from auditing any other business"

Critically evaluate the assertion that "auditing e-business is no different from auditing any other business For me to be able to answer the question I must first understand what e-business is and how different it is to traditional business. An e-business is the delivery of information, products/services or payments via telephone line, computer networks or any other means. It is the application of technology towards the automation of e-business transactions and work flows. E-business …

…Audit automation: the use of information technology in the planning, controlling and recording of audit work. Edinburgh: Institute of Chartered Accountants of Scotland Shen, CC. 2002. Is an ACCA qualificantion sufficient to specialise in e-commerce audits. Accounting Web [Online] 14 October. Available from: http://www.accountingweb.co.uk/cgi-bin/item.cgi?id=93258&d=526&h=524&f=525 [Accessed: 1 December 2002] Smith, K. 2002. e-com, e-saw, e-audit. ACCA Global [Online] 01 April. Available from: http://www.acca.com [Accessed: 1 December 2002]