Fraud Audit in Banks: A Qualitative Research Regarding the Effect of Central Continuous Audit on Branch Activities

Developments in information technologies bring about a radical transformation in business models. Data is the main concept at the center of this process. Storing the data accurately and reliably, processing and analyzing is critical functions of the informatics transformation. Internal audit practices are also affected by this transformation. Today, internal audit activities are based on data analysis and display a structure called central continuous audit. In this study, it is aimed to demonstrate the contribution to the branch activities with the effect on the branch personnel of the central continuous audit, which is applied as a new internal audit approach in the banking sector. Qualitative data analysis technique was used in the research and face-to-face interviews were conducted with bank managers having internal audit origin. The data obtained from the study were subjected to content analysis using the Nvivo 11 qualitative analysis program. The findings of the research show that there are some effects on the personnel and that they provide various contributions to the branch activities through central continuous audit. This fact presents a positive contribution to the fraud prevention