Performance assessment of online auditing in China from the perspective of audit cost control

Continuous auditing is an increasingly important topic in today´s audit environment. This paper reviews online auditing research in China from the perspective of audit cost control. First, we introduce the concept of informationization environment on audit cost control. Then, we review the positive and negative cost effects of implementing online auditing in China. Finally, the importance of online auditing performance assessment in China is discussed, and characteristics of online auditing performance assessments are summarized. In our discussion we review some of the research on performance assessment of online auditing. This paper provides a foundation for future research on performance assessment of online auditing based on developments in China.