Continuous Auditing with AI in the Public Sector

Lourens J. Erasmus is a Professor in the Department of Financial Governance at the College of Accounting Sciences at the University of South Africa (UNISA), Pretoria. His fields of academic interest include public sector financial governance and internal auditing. Lourens is Commissioner of the Financial and Fiscal Commission of South Africa, the Chairperson of the Education Committee of the Southern African Institute of Government Auditors (SAIGA), and the Treasurer of the Research Ethics Committee Association of Southern Africa. Lourens is a rated researcher and Editor-in-Chief of the Southern African Journal of Accountability and Auditing Research (SAJAAR). He is an associate editor of the Scopus-listed South African Journal of Accounting Research (SAJAR) and project leader of the registered Engaged Scholarship project, Continuous Auditing in Public Sector Internal Auditing (CAPIA). Sezer Bozkuş Kahyaoğlu (CIA, CFE, CFSA, CRMA, CICP, CPA) is an Associate Professor of Finance at the Bakirçay University in Izmir, Türkiye, and an Academic Associate of the University of South Africa (UNISA), Pretoria, and the University of Johannesburg. Her research interests include applied econometrics, time series analysis, financial markets and instruments, AI, blockchain, sustainability, corporate governance, risk management, fraud accounting, auditing, ethics, coaching, mentoring, and natural language processing (NLP). Sezer is the Associate Editor of two indexed journals and the AI Book Series Editor at Springer. She is a steering committee member at the Good Governance Academy Research Forum and a co-founding member of the registered Engaged Scholarship project, Continuous Auditing in Public Sector Internal Auditing (CAPIA).

1. An Assessment of the Prospects of Digital Transformation in Public Sector Internal Auditing: How Far Will Artificial Intelligence Go? 2. Background Information About AI in Accounting and Auditing Practice. 3. New Auditing Perspectives for a Blockchain-Based Accounting System in the Public Sector. 4. The Innovations in the Public Sector Internal Audit Ecosystem. 5. The Emergence of Algorithmic Auditing in the Public Sector. 6. The Organisational Needs and Future Expectations of Public Sector Internal Auditors. 7. New Audit Reporting Tools with AI-Based Implementation in the Public Sector. 8. Digital Skills of Public Sector Auditors. 9. Continuous Auditing/Continuous Monitoring. 10. The Ethical Perspective of Digital Auditing in Public Sector. 11. The Impact of AI on the Sustainability in Public Sector Internal Auditing. 12. Conclusion and Future Research Recommendations.