Abstract:

The classical audit mission is being replaced by continuous audit systems according to IIA (2015). In this study we examine theoretical difference between continuous audit and continuous control and monitoring and the first steps in automation of some previous manually processes in audit missions in Romania. This work is realized in a period when was registered an increase in the utilization of audit and accounting software. Our work is applied on the case of European (EU) funded projects’ audit where is a present interest to assure quick, correct and viable results within audit missions presenting opinion according to ISA. The article is one of the first that studied the missions of continuous audit in order to use it in future missions involving European funded projects. The methodological approach is based on a qualitative method, a questionnaire and interview addressed to ten members of the Chamber of Financial Auditors in Romania regarding the use of this kind of missions for the audit of European funded projects.