IAASB Support Materials – FAQ Addressing Risk of Overreliance on Technology

Thursday, March 25, 2021

This IAASB FAQ assists auditors in understanding and addressing the risk of overreliance on technology, whether it arises from using automated tools and techniques or from using information produced by an entity’s systems.

This publication provides a number of examples of how technology may give rise to automation bias and how the firm’s policies or procedures can help auditors address the risk of overreliance.

Other technology related IAASB publications:
• Audit Documentation when Using Automated Tools and Techniques
• ISA 315 – Automated Tools and Techniques FAQ
• Using Automated Tools and Techniques in Performing Audit Procedures

These publication do not establish or extend the requirements under an existing AUASB Standard(s).

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