Examining Factors that Impede Internal Auditors from Leveraging Information Technology for Continuous Auditing

The performance of more frequent audits in real time or close to real time through continuous auditing improves the efficiency and effectiveness of internal audit functions and enhances the reliability of organizational information for decision making. However, the use of information technology by internal auditors for continuous auditing is still lagging. Previous studies provide a narrow focus that emphasizes internal auditor's attitude towards use of information technology for continuous auditing. In addition, internal auditor's competencies, the auditing environment and technological auditing tools are key factors that impede them from leveraging information technology for continuous auditing. The study draws from different theories to create a comprehensive conceptual model that includes the key factors. The model can enable a holistic examination of the factors that impede internal auditors from using information technology for continuous auditing,

[1]  Ja-Shen Chen,et al.  Information technology adoption for service innovation practices and competitive advantage: the case of financial firms , 2007, Inf. Res..

[2]  Robert L. Braun,et al.  Computer‐assisted audit tools and techniques: analysis and perspectives , 2003 .

[3]  Joseph G. Davis,et al.  Activity theory as a theoretical foundation for information systems research , 2000, IRMA Conference.

[4]  Michael Mannino,et al.  Information technology acceptance in the internal audit profession: Impact of technology features and complexity , 2009, Int. J. Account. Inf. Syst..

[5]  Miklos A. Vasarhelyi,et al.  Innovation and practice of continuous auditing , 2011, Int. J. Account. Inf. Syst..

[6]  B. Biddle.  RECENT DEVELOPMENTS IN ROLE THEORY , 1986 .

[7]  C. Gunawardena.  COMPARISON OF EXISTING TECHNOLOGY ACCEPTANCE THEORIES AND MODELS TO SUGGEST A WELL IMPROVED THEORY/MODEL , 2014 .

[8]  Hasnah Haron,et al.  Internal auditing practices and internal control system , 2005 .

[9]  Lorna Uden,et al.  Activity theory for designing mobile learning , 2007, Int. J. Mob. Learn. Organisation.

[10]  Matthias Durr,et al.  Evolution Of Management Thought , 2016 .

[11]  Miklos A. Vasarhelyi,et al.  The acceptance and adoption of continuous auditing by internal auditors: A micro analysis , 2012, Int. J. Account. Inf. Syst..

[12]  K. Kuutti.  Activity theory as a potential framework for human-computer interaction research , 1995 .

[13]  M. Agrawal,et al.  Competency Based Management In Organizational Context : A Literature Review , 2014 .

[14]  Yohann Pierre Junior D. Aboa.  Continuous Auditing: Technology Involved , 2014 .

[15]  Mohamed A. K. Basuony,et al.  The implication of information technology on the audit profession in developing country: Extent of use and perceived importance , 2017 .

[16]  Ebrahim Mansour,et al.  Factors Affecting the Adoption of Computer Assisted Audit Techniques in Audit Process: Findings from Jordan , 2016 .

[17]  Gordon B. Davis,et al.  User Acceptance of Information Technology: Toward a Unified View , 2003, MIS Q..

[18]  Diane J. Janvrin,et al.  What factors influence auditors' use of computer-assisted audit techniques? ☆ ☆☆ , 2014 .

[19]  Miklos A. Vasarhelyi,et al.  Continuous Auditing—A New View1 , 2018 .

[20]  Miklos A. Vasarhelyi,et al.  The Predictive Audit Framework , 2013 .

[21]  Chia-Ming Sun,et al.  From CAATTs Adoption to Continuous Auditing Systems Implementation: An Analysis Based on Organizational Routines Theories , 2012 .

[22]  Richard B. Dull,et al.  An exploratory study of the adoption, application and impacts of continuous auditing technologies in small businesses , 2016, International Journal of Accounting Information Systems.

[23]  David C. Yen,et al.  The effect of competencies, team problem-solving ability, and computer audit activity on internal audit performance , 2016, Information Systems Frontiers.

[24]  A. Mohamed,et al.  The impact of information technology on internal auditing , 2011 .

[25]  A. Kellerman,et al.  The Constitution of Society : Outline of the Theory of Structuration , 2015 .

[26]  Catherine A. Hardy.  The Messy Matters of Continuous Assurance: Findings from Exploratory Research in Australia , 2014, J. Inf. Syst..

[27]  M. Alkebsi,et al.  Information Technology Usage, Top Management Support and Internal Audit Effectiveness , 2017 .