Panel: The impact of IT on accounting and auditing

The focus of the panel is on new information technology support systems for monitoring and controlling operations. Increased competition and the need for faster and better information for decisions mark today's business environment. In addition, systems are complex and many times online. A large amount of information, e.g. receipts and accounting records, is increasingly displayed only in electronic form. Companies are reporting their financial outcome quarterly and more and more companies are moving their financial information on to a public network. Sometimes the speed at which these reports are made makes one wonder whether all the relevant information is audited and reliable. This complexity means that managers, accountants, and auditors have more and different kinds of work to do than they had earlier. Therefore a central theme in the panel would be how information technology developments affect the nature of the work process and the skills and what benefits advanced methods offers to users.