User:Nmbeya

continuous audit is where the auditor does audit on continuous basis.

ADVANTAGES OF CONTINUOUS AUDIT 1) Errors and frauds can be detected early. 2) Weakness in clients systems are noticed early. 3) Enhances the speed of final audit.

DISADVANTAGES OF CONTINUOUS AUDIT 1) Auditors frequent visits may cause inconvenience to the client. 2) Client may enter figures which may not give the exact figure to the end. 3) Additional work to the auditor himself.