Categories
| Categories | Definition | Themes |
|---|---|---|
| Increase IT standards | Current standards do not include enough guidelines on IT | Concerns about audit quality |
| No standard on data analytics | Current standards require the use of samples and are silent on data analytics when their use is increasing | Concerns about audit planning, including scope definition and audit realization |
| No standard on blockchain | No standards on blockchain audit whereas audit cases emerge | Concerns about audit planning, including scope definition and audit realization |
| Reactive | Standards are reactive and slow to evolve | Concerns about audit planning, including scope definition and audit realization |
| Use of a specialist | Blockchain would be assessed by a specialist and not by an auditor | Concerns about compliance with current standards |
| Impact on audit costs | More standards increase audit costs and not necessarily audit quality | Concerns about audit quality |
| Blockchain governance | Open questions on blockchain governance need to be answered because they will affect audit practice | Concerns about audit quality |
| Auditing process | Audit process follows auditing standards | Concerns about audit planning, including scope definition and audit realization |
| Method to change standards | The method to update standards provides the Big Four with preponderant influence | Concerns about audit quality |
| Auditors responsibility | How the deployment of blockchain may affect the auditors’ responsibility | Concerns about compliance with current standards |
| ISO | Blockchain auditing standards should come from ISO (and not from PCAOB, IAASB or national bodies) | Concerns about audit quality |
| Data quality | Auditing needs raw data quality. Auditors raised questions on ways to ensure that the data entered a blockchain are accurate | Concerns about audit planning, including scope definition and audit realization |
| Auditor’s understanding | Auditors understand what a blockchain is | Concerns about compliance with current standards |
| Categories | Definition | Themes |
|---|---|---|
| Increase IT standards | Current standards do not include enough guidelines on IT | Concerns about audit quality |
| No standard on data analytics | Current standards require the use of samples and are silent on data analytics when their use is increasing | Concerns about audit planning, including scope definition and audit realization |
| No standard on blockchain | No standards on blockchain audit whereas audit cases emerge | Concerns about audit planning, including scope definition and audit realization |
| Reactive | Standards are reactive and slow to evolve | Concerns about audit planning, including scope definition and audit realization |
| Use of a specialist | Blockchain would be assessed by a specialist and not by an auditor | Concerns about compliance with current standards |
| Impact on audit costs | More standards increase audit costs and not necessarily audit quality | Concerns about audit quality |
| Blockchain governance | Open questions on blockchain governance need to be answered because they will affect audit practice | Concerns about audit quality |
| Auditing process | Audit process follows auditing standards | Concerns about audit planning, including scope definition and audit realization |
| Method to change standards | The method to update standards provides the Big Four with preponderant influence | Concerns about audit quality |
| Auditors responsibility | How the deployment of blockchain may affect the auditors’ responsibility | Concerns about compliance with current standards |
| ISO | Blockchain auditing standards should come from ISO (and not from PCAOB, IAASB or national bodies) | Concerns about audit quality |
| Data quality | Auditing needs raw data quality. Auditors raised questions on ways to ensure that the data entered a blockchain are accurate | Concerns about audit planning, including scope definition and audit realization |
| Auditor’s understanding | Auditors understand what a blockchain is | Concerns about compliance with current standards |