Abstract: Continuous auditing is a frontier in audit area, and the online auditing researched and implemented in china is also a realization mode of continuous auditing. According to the present condition, characteristics and requirements of online auditing researched and implemented in China nowadays, a performance assessment method of online auditing was proposed in this paper. Firstly, based on analysis of the costs, benefit and audit risk in the process of implementing online auditing, the assessment criteria fit to the characteristics of online auditing were constructed. Then, rank-centroid was used to compute the weights of the assessment criteria. Then, the performance assessment model of online auditing was constructed. Finally, a case was given to analyze the application of this performance assessment method. The research in this paper can lay a basis for studying the performance assessment methods of online auditing.

Key words: Continuous auditing, Online auditing, Performance assessment, Rank-centroid