Electronic Commerce and auditing: Familiarity, Effects and Practice

While it is obvious that Information Technology (IT) has a great and quick impacton human's life, it is essential to add that Electronic-commerce (e-commerce) as one ofthe consequences of IT has been effective on various aspects of an organization despiteits defects and benefits. Nowadays, organizations have to adjust themselves to thee-commerce's technologies, for the sake of increasing efficiency and being economicalin their expenses as well as to adapt themselves with variable conditions of technologyand maintenance of competitiveness.In this regard, auditing has a sensitive position as the creditor of organizationsfinancial reports. As such, to perform their duty appropriately in the e-commerce context,auditors are required to change their perception with regard to auditing and obtaining thenecessary technology skills in these contexts.The purpose of this study, which has been done in archival method, is to identifyopportunities, risks and effects of e-commerce in auditing and auditor's practices in suchcontexts. Moreover, the study intends to have a brief look at the continuous auditing asa solution for the auditors in the e-commerce era.