Question: Question 2 (20 marks) Although the concept of continuous auditing was introduced more than 20 years ago, it was not widely implemented by firms before

Question 2 (20 marks)

Although the concept of continuous auditing was introduced more than 20 years ago, it was not widely implemented by firms before the proliferation of information technologies in recent years.

Discuss the above statement showing:

Continuous audit concept.
Continuous Audit Benefits
Implementation of Continuous Audit
The most significant Non-technical Barriers / technical challenges

Explain this in detail

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