Emerging Technologies in The Audit Environment: Use and Perceived Importance Among Independent Auditors

To discover the possible weakness of knowledge and the use of a diverse group of technologies among independent auditors.The descriptive survey study was used to describe the level of usable importance of innovative technologies among 196 auditors and find any correlation between 31 emerging technol...

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Main Authors: Ali Alipourfallahpasand, Saideh Asgari
Format: Article
Language:English
Published: Ferdowsi University of Mashhad 2020-05-01
Series:Iranian Journal of Accounting, Auditing & Finance
Subjects:
Online Access:https://ijaaf.um.ac.ir/article_39284_05a402279f943b9efce43bf9ae6b914a.pdf
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author Ali Alipourfallahpasand
Saideh Asgari
author_facet Ali Alipourfallahpasand
Saideh Asgari
author_sort Ali Alipourfallahpasand
collection DOAJ
description To discover the possible weakness of knowledge and the use of a diverse group of technologies among independent auditors.The descriptive survey study was used to describe the level of usable importance of innovative technologies among 196 auditors and find any correlation between 31 emerging technologies and the audit firms' quality ranking.In general, this paper's results enumerate that Iranian auditors have a relatively acceptable knowledge and willingness to use emerging technologies, including Blockchain, Audit 4.0, etc. In auditing. However, due to various reasons such as lack of access to global markets, political and economic constraints, such facilitators are rarely used in auditing. For instance, technologies, including RPA, AI, and CPS, are not used by Iranian auditors. Although some items were deficient, the related tools' Importance level was moderate.This research suggests that due to businesses' failure to grow as much as innovative technologies, partners and decision-makers may believe that there is no need for emerging technologies in auditing. However, this may not be the case, as auditors generally emphasized that the importance level of technologies was moderate and high. There seems to be a positive correlation between audit firm's quality rankings and the use of emerging technologies in audit processes. There is no meaningful correlation between audit firms' quality rankings and the importance of emerging technologies.
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spelling doaj-art-0a3fd408a2eb4e9ba7f406181395c20a2025-08-20T02:00:09ZengFerdowsi University of MashhadIranian Journal of Accounting, Auditing & Finance2717-41312588-61422020-05-014210311910.22067/ijaaf.2020.3928439284Emerging Technologies in The Audit Environment: Use and Perceived Importance Among Independent AuditorsAli Alipourfallahpasand0Saideh Asgari1Department of Accounting, Allameh Tabataba’i University, Tehran, IranDepartment of Accounting, Zanjan Branch, Islamic Azad University, Zanjan, IranTo discover the possible weakness of knowledge and the use of a diverse group of technologies among independent auditors.The descriptive survey study was used to describe the level of usable importance of innovative technologies among 196 auditors and find any correlation between 31 emerging technologies and the audit firms' quality ranking.In general, this paper's results enumerate that Iranian auditors have a relatively acceptable knowledge and willingness to use emerging technologies, including Blockchain, Audit 4.0, etc. In auditing. However, due to various reasons such as lack of access to global markets, political and economic constraints, such facilitators are rarely used in auditing. For instance, technologies, including RPA, AI, and CPS, are not used by Iranian auditors. Although some items were deficient, the related tools' Importance level was moderate.This research suggests that due to businesses' failure to grow as much as innovative technologies, partners and decision-makers may believe that there is no need for emerging technologies in auditing. However, this may not be the case, as auditors generally emphasized that the importance level of technologies was moderate and high. There seems to be a positive correlation between audit firm's quality rankings and the use of emerging technologies in audit processes. There is no meaningful correlation between audit firms' quality rankings and the importance of emerging technologies.https://ijaaf.um.ac.ir/article_39284_05a402279f943b9efce43bf9ae6b914a.pdfblockchainaudit 4.0data analyticssocial mediaaudit firm quality ranking
spellingShingle Ali Alipourfallahpasand
Saideh Asgari
Emerging Technologies in The Audit Environment: Use and Perceived Importance Among Independent Auditors
Iranian Journal of Accounting, Auditing & Finance
blockchain
audit 4.0
data analytics
social media
audit firm quality ranking
title Emerging Technologies in The Audit Environment: Use and Perceived Importance Among Independent Auditors
title_full Emerging Technologies in The Audit Environment: Use and Perceived Importance Among Independent Auditors
title_fullStr Emerging Technologies in The Audit Environment: Use and Perceived Importance Among Independent Auditors
title_full_unstemmed Emerging Technologies in The Audit Environment: Use and Perceived Importance Among Independent Auditors
title_short Emerging Technologies in The Audit Environment: Use and Perceived Importance Among Independent Auditors
title_sort emerging technologies in the audit environment use and perceived importance among independent auditors
topic blockchain
audit 4.0
data analytics
social media
audit firm quality ranking
url https://ijaaf.um.ac.ir/article_39284_05a402279f943b9efce43bf9ae6b914a.pdf
work_keys_str_mv AT alialipourfallahpasand emergingtechnologiesintheauditenvironmentuseandperceivedimportanceamongindependentauditors
AT saidehasgari emergingtechnologiesintheauditenvironmentuseandperceivedimportanceamongindependentauditors