Critically Evaluate the Assertion That "Auditing E-Business Is no Different from Auditing Any Other Business"

Critically evaluate the assertion that "auditing e-business is no different from auditing any other business
For me to be able to answer the question I must first understand what e-business is and how different it is to traditional business. An e-business is the delivery of information, products/services or payments via telephone line, computer networks or any other means. It is the application of technology towards the automation of e-business transactions and work flows. E-business is also a tool that addresses the desire of firms, consumers and management to cut service costs while improving the quality ofgoods and increasing the spread of service delivery. An e-business can either be totally electronic, for example Yahoo, or can be part traditional and part electronic, like HMV (they have high street stores and an online shop).
The framework for an e-business is quite different to a traditional styled business. Firstly they would have their application, which could be many things including home shopping, remote banking, and video on demand. Next e-business must deal with security issues, electronic payment and catalogs. …