IMPROVING THE METHODOLOGY OF AUDITING INTANGIBLE ASSETS IN THE ICT SECTOR
DOI:
https://doi.org/10.5281/zenodo.22090934Abstract
The article presents the author’s solutions for improving the methodology of auditing intangible assets in the
information and communication technology (ICT) sector. It is substantiated that the specific features of intangible assets
— the absence of physical form, the subjectivity of valuation, and their digital nature — complicate their audit, while the
traditional approach does not fully capture the sector-specific features. A systems approach, modelling, and comparative
analysis are used as the methodology. Four interconnected methodological solutions are developed: risk-based planning,
evidence gathering and analytical procedures, the audit of accounting estimates (ISA 540), and continuous (digital) audit.
The novelty lies in integrating these solutions into a coherent methodological chain and linking them with the accounting
methodology of the third chapter
Keywords
intangible asset, audit methodology, audit risk, analytical procedures, triangulation, accounting estimates, ISA 540, continuous audit, ICT sector, audit.References
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