Factors Influencing the Usage of Audit Technologies: Availability of Data Quality, Cybersecurity Risk and Skills Gaps
List of Authors
Aida Hazlin Ismail, Alida Ahmad, Khairul Syafiq Dzainuddin, Muthyaah Mohd Jamil, Siti Nor Baidah Ahmad
Keyword
Audit Technologies; Data Efficiency; Cybersecurity; Skills Gaps; Data Quality
Abstract
The integration of technology into auditing has transformed traditional practices, improving efficiency and accuracy. However, several factors influenced the usage of audit technologies among the auditors. The factors include data quality, cybersecurity risks, and the skills gap. The data is considered the main component of the audit process. The audit firm will adopt the technology if there is available data as the input of the process. Most organisations adopt the technologies to reduce cybersecurity risks within the organisation. The usage of technology can reduce the time length for the auditors to assess the cybersecurity risk. The auditor's ability to utilise audit technology and their knowledge led to a broadening of the skills gap. Addressing these factors can leverage to the full adoption of the technology. Therefore, this study can be a source on how the auditors can adopt the audit technology in their practice. This paper contributes to add new factors that influence the adoption of technology. Moreover, the audit firm may consider those variables when the auditors need to adopt the technology for their operation.