Audit technology as a catalyst for improving non-financial performance in Ethiopian audit firms
Adopting computer-assisted audit techniques (CAATs) is transforming the auditing profession globally. As technological advancements continue to shape the audit landscape, understanding how CAATs influence non-financial performance outcomes is essential. However, little is known about their impact on...
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| Format: | Article |
| Language: | English |
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Elsevier
2025-06-01
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| Series: | Journal of Open Innovation: Technology, Market and Complexity |
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| Online Access: | http://www.sciencedirect.com/science/article/pii/S2199853125000915 |
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| author | Fekadu Agmas Wassie László Péter Lakatos |
| author_facet | Fekadu Agmas Wassie László Péter Lakatos |
| author_sort | Fekadu Agmas Wassie |
| collection | DOAJ |
| description | Adopting computer-assisted audit techniques (CAATs) is transforming the auditing profession globally. As technological advancements continue to shape the audit landscape, understanding how CAATs influence non-financial performance outcomes is essential. However, little is known about their impact on non-financial performance in audit firms, particularly in developing countries like Ethiopia. This study investigates how CAATs influence non-financial performance metrics, including client relationships, employee engagement, and operational efficiency. A quantitative approach was adopted to analyze survey data collected from 122 audit professionals across Ethiopian audit firms in 2023. The findings reveal that the adoption of CAATs significantly correlates with client relationships, employee engagement, and operational efficiency, while its impact on operational efficiency is moderated by organizational readiness. The study highlights the need for strategic technological investments to enhance non-financial performance outcomes. This study offers original empirical evidence on the non-financial impacts of CAATs in the context of Ethiopian audit firms, filling a notable gap in the existing literature. |
| format | Article |
| id | doaj-art-9f5934f41fc546e5b343cb66fd611ec2 |
| institution | OA Journals |
| issn | 2199-8531 |
| language | English |
| publishDate | 2025-06-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Journal of Open Innovation: Technology, Market and Complexity |
| spelling | doaj-art-9f5934f41fc546e5b343cb66fd611ec22025-08-20T02:34:53ZengElsevierJournal of Open Innovation: Technology, Market and Complexity2199-85312025-06-0111210055610.1016/j.joitmc.2025.100556Audit technology as a catalyst for improving non-financial performance in Ethiopian audit firmsFekadu Agmas Wassie0László Péter Lakatos1Doctoral School of Business and Management, Corvinus University of Budapest, Budapest Fovám tér 8, Hungary; Department of Accounting and Finance, College of Business and Economics, Debark University, Debark, Ethiopia; Corresponding author at: Doctoral School of Business and Management, Corvinus University of Budapest, Budapest Fovám tér 8, Hungary.Institute of Accounting and Law, Corvinus University of Budapest, Budapest Fovám tér 8, HungaryAdopting computer-assisted audit techniques (CAATs) is transforming the auditing profession globally. As technological advancements continue to shape the audit landscape, understanding how CAATs influence non-financial performance outcomes is essential. However, little is known about their impact on non-financial performance in audit firms, particularly in developing countries like Ethiopia. This study investigates how CAATs influence non-financial performance metrics, including client relationships, employee engagement, and operational efficiency. A quantitative approach was adopted to analyze survey data collected from 122 audit professionals across Ethiopian audit firms in 2023. The findings reveal that the adoption of CAATs significantly correlates with client relationships, employee engagement, and operational efficiency, while its impact on operational efficiency is moderated by organizational readiness. The study highlights the need for strategic technological investments to enhance non-financial performance outcomes. This study offers original empirical evidence on the non-financial impacts of CAATs in the context of Ethiopian audit firms, filling a notable gap in the existing literature.http://www.sciencedirect.com/science/article/pii/S2199853125000915CAATsNon-financial performanceAuditingTechnological advancementsNon-financial performance metrics |
| spellingShingle | Fekadu Agmas Wassie László Péter Lakatos Audit technology as a catalyst for improving non-financial performance in Ethiopian audit firms Journal of Open Innovation: Technology, Market and Complexity CAATs Non-financial performance Auditing Technological advancements Non-financial performance metrics |
| title | Audit technology as a catalyst for improving non-financial performance in Ethiopian audit firms |
| title_full | Audit technology as a catalyst for improving non-financial performance in Ethiopian audit firms |
| title_fullStr | Audit technology as a catalyst for improving non-financial performance in Ethiopian audit firms |
| title_full_unstemmed | Audit technology as a catalyst for improving non-financial performance in Ethiopian audit firms |
| title_short | Audit technology as a catalyst for improving non-financial performance in Ethiopian audit firms |
| title_sort | audit technology as a catalyst for improving non financial performance in ethiopian audit firms |
| topic | CAATs Non-financial performance Auditing Technological advancements Non-financial performance metrics |
| url | http://www.sciencedirect.com/science/article/pii/S2199853125000915 |
| work_keys_str_mv | AT fekaduagmaswassie audittechnologyasacatalystforimprovingnonfinancialperformanceinethiopianauditfirms AT laszlopeterlakatos audittechnologyasacatalystforimprovingnonfinancialperformanceinethiopianauditfirms |