Evaluating the Impact of Information Technology on Audit Efficiency and Effectiveness

Cindy Dwi Fatikasari; Amri Amrulloh

doi:10.69725/raida.v1i2.159

Authors

Cindy Dwi Fatikasari a. Department of Accounting, Madiun State Polytechnic, Madiun, Indonesia
Amri Amrulloh b. Department of Accounting, Madiun State Polytechnic, Madiun, Indonesia

DOI:

https://doi.org/10.69725/raida.v1i2.159

Keywords:

Information Technology, Audit Efficiency, Audit Effectiveness, Cybersecurity, Technical Proficiency

Abstract

Objective: The research examines several IT effects on the audit process itself, including whether and how the use of IT tools such as audit software and data analytics, and accounting information systems affect the accuracy, speed, scope, scope, and stakeholder trust of the audit. The study also looks into the moderating effects of cybersecurity concerns and auditors’ technical knowledge on these associations.
Methods: We applied a cross-sectional survey methodology to the quantitative research design. Data was obtained from a sample of 200 auditors from various sectors (public, private and government) using a structured questionnaire. The IT usage questionnaire was used, and all variables were verified. Reliability analysis, correlation, regression analysis are the statistical methods to analyze the data.
Results: IT tools can greatly enhance the efficiency, effectiveness, and extensiveness of audits; while audit software and data analytics can improve the speed and precision of audits. On the other hand, cybersecurity fears showed a negative moderation on the relationship between IT usage and audit effectiveness. Those with greater technical skills observing greater success in utilising IT tools.
Novelty: This study is unique in one way that it examines the impact of audit software, data analytics, and accounting system on the auditing outcome by taking into consideration the moderating effect of cybersecurity and technical skills. This also provides a new perspective on the effect of IT integration on audit performance as well as highlights the importance of training and security of the IT systems.
Significance of the Study: Overall, the findings indicate that audit firms need to focus on both IT adoption with cybersecurity measures, and vigilance through training to ensure the successful integration of IT into audits. Emerging technologies associated with auditing activities, such as artificial intelligence should also be the focus of future studies.

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Author Biographies

Cindy Dwi Fatikasari, a. Department of Accounting, Madiun State Polytechnic, Madiun, Indonesia

Cindy Dwi Fatikasari

Department of Accounting, Madiun State Polytechnic, Madiun, Indonesia
Amri Amrulloh, b. Department of Accounting, Madiun State Polytechnic, Madiun, Indonesia

Amri Amrulloh, S.E, M.Ak

Department of Accounting, Madiun State Polytechnic, Madiun, Indonesia

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