Executive Summary

Paperless audits will be used in the future as auditing becomes more common.

Clients are increasingly turning to audits and paperless systems. It is created software

that allows most audits will be completed by auditors’ online procedures. Auditors will

need to audit online systems include online auditing software as their primary auditing

tool collect evidence digitally.

MYOB software designed to process the provision of accounting data and assist

every auditor to increase functionality, improved accuracy. Accounting software has its

merits to become favorable for the users; however, it has also disadvantage. Moreover,

this research provides how the information technology – MYOB software has impacted

the financial audit. Auditors who are engaged the new technology will witness the

significant increase in audit efficiency and effectively.