The auditor considers the completeness, accuracy, timeliness and authorization of information provided for recording and processing in the entity’s financial records.
Audit procedures regarding the integrity of information in the accounting system relating to e-commerce transactions are largely concerned with evaluating the reliability of the systems in use for capturing and processing such information.
Transaction integrity are often designed to validate input, prevent duplication or omission of transactions, ensure the terms of trade have been agreed before and order is processed, including delivery and credit terms, which may require that payment is obtained when an order is placed.