Computer Assisted Audit Techniques Research Articles

The Influence of Heuristic and Computer-Assisted Audit Techniques (CAAT) on Fraud Detection with Experience as a Mediating

This study explores the impact of Heuristics and Computer-Assisted Audit Techniques (CAAT) on fraud detection, with Experience as the mediating variable. The findings show that CAAT has no significant effect on fraud detection, while heuristics have a significant effect. Experience also directly contributes positively to fraud detection. An interesting result is that CAAT affects fraud detection through experience as a mediator, while heuristics have no significant effect when mediated by experience. Experience serves as a key bridge that strengthens the relationship between CAAT and fraud detection. The implication is that organisations can improve audit strategies by understanding the complexity of these factors, acknowledging the differential impact between CAAT and heuristics, and leveraging experience as a vital mediator tool to improve fraud detection.

Leveraging computer-assisted audit tools for corporate sustainability: Evidence from Ethiopia

The existing ample literature studied the factors for adopting computer-assisted audit techniques (CAATs) by internal and external auditors, frequently ignoring their impact on the quality of audits and companies’ efficiency. This study delivers new evidence on the kinds of CAATs utilized by internal auditors, examines their adoption impact on corporate sustainability, and studies the moderating impact of company characteristics. This study used data from internal auditors in Ethiopia gathered using a survey, and the study hypotheses were tested using the partial least squares-structural equation modeling (PLS-SEM) technique. The study found a moderate utilization of CAATs by internal auditors in executing their activities. The result also revealed a highly positive impact of internal auditors’ CAAT utilization on fraud discovery in the acquisition process. The study found that the intensity of this relationship is impacted by the companies’ characteristics of management commitment. However, the size and type of the company are not impacting it. This study finding complements prior studies and helps practitioners make decisions that can improve CAAT utilization in internal audit functions for a high level of companies’ sustainability.

Machine Learning Improves Environmental Sustainability: A Teaching Case of Prediction about Scrapping Inventory

<p>As technology evolves and society changes, accounting and auditing students must develop diverse skills, including technical proficiency and critical thinking. Environmental, Social, and Governance (ESG) concerns are increasingly important, driving nations and corporations to take action. Investors prioritize ESG criteria, while consumers prefer eco-friendly products and services. Preventing Greenwashing is important for future auditors. This teaching case high lights the role of accountants in managing E-waste under the Environmental pillar of ESG. Students explore new technologies like Computer Assisted Audit Techniques (CAATs) through hands-on exercises to address these challenges.</p>

The Role of External Auditor in the Adoption of Computer-Assisted Audit Techniques with Unified Theory of Acceptance and Use of Technology: An Empirical Study in Public Audit Firms in Jakarta

The research aimed to analyze factors that influence acceptance of Computer Assisted Audit Techniques (CAATs) among external auditors in Public Audit Firms in Jakarta. The Unified Theory of Acceptance and Use of Technology (UTAUT) approach was used for this analysis. Technological advancements had an effect on auditors' ability to adopt audit software. However, it had been found that there was no preparation or openness from auditors, leading to suboptimal utilization of audit implementation software and affected the presentation of audit information. This investigation adopted a quantitative method by distributing close-ended questionnaires to external auditors in audit firms in Jakarta. Data were analyzed using Partial Least Square with SmartPLS Ver 3. The results show that social influence affected behavioral intention of external auditors in Jakarta in adopting and using CAATs. Expectancy performance, effort expectancy, and facilitating conditions do not affect behavioral intention of external auditors in adopting and using CAATs. The research generates contributions that can be further directed toward the development of auditors’ competencies in optimizing technology in audit.

The Role Of Computer Assisted Audit Techniques, Professional Skeptism And Remote Auditing On Quality Of Audit In Public Accountant Office

This study aimed to test hypotheses and produce empirical evidence about the effect of remote auditing, computer assisted audit techniques, and professional skepticism on audit quality. The data research were gathered using a questionnaires distributed to 100 external auditors working at public accountant firm in DKI Jakarta. The research sample was determined using the purposive sampling. Data were analyzed using IBM SPSS 26 software. The results toward the data showed that remote auditing have a positive effect on audit quality, computer assisted audit techniques have a positive effect on audit quality, and professional skepticism have a positive effect on audit quality. Meanwhile, remote auditing, computer assisted audit techniques, and professional skepticism simultaneously effect on audit quality.

The Extent to Which Textbooks Fulfill the Requirements of Digital Transformation in Accounting and Auditing

Purpose: The study aimed to determine how well textbooks meet the demands of accounting industries' transition to the digital age. To determine how well texts, meet the needs of auditing industries' growth to the digital age and to investigate the extent to which the books fulfill the requirements for digital transformation in accounting and auditing. Theoretical framework: The study's theoretical framework depended on an analysis of the past reviews done by researchers in their literature reviews. It was to show if the textbooks met the demands of a smooth transition of workers from the traditional to the digital age in the accounting and auditing fields. Many past reviews by researchers concluded that textbooks are among the top three resources used in both departments depending a lot on books. Methodology: The methodology used was content analysis, where 21 sources were reviewed. Literature research dates back to the 1960s, but critical articles were chosen from 2018 to the present, considering the advancement in technology and computers, which have impacted the world in numerous ways. Computers are fast, easy, and reliable, but textbooks are still the traditional source of information used in many curriculums across continents. The American Educational Research Association's journals (ERIC) database was used. References found online through Google Scholar and JSTOR searches and reference lists from the digitalization of accounting and auditing periodicals were also used. Findings: The findings from the 21 sources included all of the textbooks that had IT-related topics on accounting. The research suggested a slight emphasis on IT developments in management accounting, auditing fields, and financial accounting, which is consistent with our assumptions. Only 5 of the chosen textbooks in financial accounting addressed IT-related topics. The general coverage of IT advancements in the selected auditing textbook examples differs significantly from that of financial accounting and management accounting textbooks. In the past, it has been expected that most auditing textbooks will at least address computer-assisted audit techniques and technologies (CAAT). Research, practical and social implications: Considering the social implications and the practicality of the research, stakeholders and government agencies should push for policies that would ensure a proper transition to digitization for all its citizens to understand their work better. Originality/value: The novelty and worth were evaluated. Twenty-one books on financial accounting, managerial accounting, and auditing make up the sample. According to actual research, technology improvements and related topics are rarely covered in accounting degrees. Evidence from this study's analysis of the relevant literature indicates that accounting and auditing schools' textbooks ought to devote more time to IT-related issues

Computer Assisted Audit Tools and Techniques Adoption: A Systematic Literature Review

Computer Assisted Audit Techniques and Tools (CAATTs) are a form of innovation in the field of technology in the world of accounting, CAATTs have become fundamental in many audit methodologies. However, there is still very little information regarding these CAATTs. This research is based on increasing knowledge about the success of CAATTs, this is useful for analyzing implementation and operational problems with a broader understanding of the practices contained in internal audit departments that use CAATTs technology. Therefore, we present a systematic literature review on the factors that determine an auditee to use CAATTs technology. This research was conducted using a qualitative analysis of the things that influence an audit to use CAATTs in the auditing process based on previous studies. The findings from this study indicate that what influences an audit to use CAATTs is time efficiency, work effectiveness, auditor confidence, company partners, processing accuracy, techniques and services, purchase costs, understanding of using CAATTs, background of the audit itself, motivation to learning, performance expectations, characteristics of the audit team, support or coercion, and facilities.

Evaluasi Kinerja Auditor Dalam Mendeteksi Dan Mencegah Terjadinya Potensi Fraud (Kecurangan)

Researchers can formulate a research question, namely how the performance of the auditor and the internal control system in detecting and preventing potential fraud at the Kendari City Public Accounting Firm (KAP). The research objective is to determine the performance of auditors and internal control systems in detecting and preventing potential fraud at the Kendari City Public Accounting Firm (KAP). The data source used is primary data, namely through interviews of 2 (two) informants who work at KAP Kendari City and secondary data is collected through data collection, namely in the form of documents that are relevant to the auditor's performance in detecting and preventing potential fraud. The data obtained was processed and analyzed using a qualitative approach. The results of the study show that: the auditor's performance in detecting and preventing potential fraud at KAP Kendari City has been carried out adequately. It can be proven that it refers to the SOP that has been established and has implemented audit procedures with Computer Assisted Audit Techniques, namely using the Spreadsheet Application in the form of m.s Excel. The internal control system for the auditor's performance in detecting and preventing potential fraud has been implemented effectively and efficiently which can be seen from the existence of an understanding of the control environment, risk assessment, control activities, the existence of information and communication and the monitoring of internal controls that occur at the City Public Accountant Office Kendari. Auditors are responsible for detecting material misstatements in the financial statements and detecting material misstatements whether intentional or due to fraud.

Forensic Accounting Techniques on Fraud Prevention in Tertiary Institutions in Cross River State, Nigeria

This study examined the influence of forensic accounting techniques on fraud prevention in tertiary institutions in Cross River State, Nigeria. The study's methodology was a survey research design. Two research questions and two null hypotheses were developed in order to fulfill the study's objectives. Due to the manageable size of the population, all 152 auditors in bursary department participated in the study. A questionnaire titled “Forensic Accounting Techniques on Fraud Prevention” (FATFP) with a four-point rating scale was used for data collection. Two specialists in accounting department and one expert in measurement and evaluation validated the instrument. The Cronbach's alpha method was used to calculate the overall reliability coefficient of the instrument, which is.79. The standard deviation and mean were used to answer the research questions. The null hypotheses were tested using an independent t-test at the.05 level of significance. The findings revealed that computer-assisted audit techniques and interview audit techniques had a significant influence on fraud prevention at tertiary institutions. Among other things, it was recommended that, government should arm auditors with information and communication tools to aid auditing procedures for fraud prevention. Once again, auditors should use contemporary interview approaches, including watching candidates during interviews, using recording equipment, and installing CCTV cameras strategically placed to capture correct data that will aid in stopping fraudulent operations in Nigerian educational institutions, particularly in Cross River State, Nigeria.
 
 Received: 11 November 2022 / Accepted: 28 December 2022 / Published: 5 January 2023

Effects of Computer Assisted Audit Techniques on Quality of Internal Audit Reports in Kenya

This study explores how Computer-Assisted Audit Techniques (CAATs) affect the quality of internal audit reports in Kenyan businesses. Modern auditing now relies heavily on CAATs as a key instrument for efficiency improvement, comprehensive data collection, and confidentiality protection. This study investigates the use of technology in the audit process, emphasizing its potential to boost productivity, gather significant amounts of data, speed up the decision-making process, and protect data privacy. The theoretical framework draws from two main theories: Performance Expectancy Theory and Contingency Theory. The research reviews existing empirical studies to underscore CAATs' positive and negative influences on internal audit reports. It highlights the need for proper training and support to harness CAATs' potential effectively. Challenges, including the lack of resources, conflicts of interest, and difficulties in implementation, are identified. The study concludes that while CAATs offer numerous advantages in auditing, their successful integration requires a balance between technology, training, and human expertise. As the audit profession continues to evolve, understanding the implications of CAATs on internal audit reports is crucial for ensuring the integrity and quality of financial information in all sectors.

Topic: the Effects of Computer Assisted Audit Techniques (CAATs) on the Performance of Audit Work

Topic: the Effects of Computer Assisted Audit Techniques (CAATs) on the Performance of Audit Work

The Effects of Computer Assisted Audit Techniques (CAATs) on the Performance of Audit Work

The Effects of Computer Assisted Audit Techniques (CAATs) on the Performance of Audit Work

Sebuah Tinjauan Literatur Sistematis Faktor yang Memengaruhi Kualitas Audit di Indonesia

This study aims to explore the factors that influence audit quality in Indonesia. The method used is a systematical literature review. Data analysis technique used is content analysis and bibliometric. research data from 125 articles on audit quality from journals indexed in the Science and Technology Index (Sinta) during 2016-2020. The results show that (1) the most productive researcher is I Dewa Nyoman Badera and Udayana University is the institution that publishes the most research results on audit quality articles in Indonesia, there are 5 dominant factors out of 56 factors that influence audit quality, namely independence, competence , work experience, due professional care, and time budget pressure, the majority of articles use agency theory, data collection techniques use questionnaires with multiple linear regression data analysis techniques. (2) The majority of articles in the field of audit quality are written by two people and collaboration between researchers in the field of audit quality tends to be done with colleagues. (3) Opportunities for further research in the field of audit quality can examine the factors that influence audit quality by referring to research abroad such as computer-assisted audit techniques, role stress, work environment, and auditor compensation, can conduct research using the latest data analysis techniques and link it with other theories, and collaborate between institutions and international collaborations.

Forensic Accounting and Detection of Occupational Fraud in Nigerian Deposit Money Banks

Banks play a vital role in the intermediation of financial resources in the financial system. However, the recurrent nature of fraud has made deposit money banks less effective. The study aims to examine the effect of forensic accounting on the detection of occupational fraud in Nigerian deposit money banks with a specific focus on data mining techniques, computer-assisted audit techniques, and trend analysis. Data were collected from primary sources using a well-structured questionnaire. Data were analyzed using descriptive statistics and ordinary least square (OLS) regression. The result shows that R2 and R2 Adjusted has the value of 0.917484 and 0.901904. The study then conclude that data mining technique has a significant positive effect on occupational fraud detection while the computer-assisted audit technique has a significant positive effect on occupational fraud detection and that trend analysis has a significant positive effect on occupational fraud detection. This finding implies that the detection of occupational fraud will be enhanced when forensic accounting technique is employed. The study therefore recommends, that deposit money banks should enhance the internal control systems with data mining techniques, computer-assisted audit techniques, and trend analysis feature to uncover asset misappropriation fraud in Nigerian deposit money banks by the central bank of Nigeria.

Using Audit Command Language to Predict Tax Litigation Risk of Vietnamese SME Companies: A Teaching Case for Tax and AIS Course

<p>The auditing industry will be strongly affected by emerging technology, as many of the auditing processes can be carried out automatically. Responding to this challenge, students in auditing majors must be trained in applying information technology to their work. In this teaching case, students will learn to analyze a large dataset of simulated SMEs survey to identify the tax risk of small and medium enterprises (SMEs), and to use technology (i.e CAATs, Computer Assisted Audit Techniques) to figure out the issues. Learning through a specific situation helps students to not only understand the process of applying technology to auditing, but also to develop analytical skills to assess what technology can and can-not do. These essential skills are needed for long-term career growth.</p> <p> </p>

Factors that Play a Role in Improving the Efficiency of Continuous Audits using Computer Assisted Audit Techniques in enterprises including healthcare units

Internal auditing is a key function of any business enterprise, including healthcare units, being responsible for highlighting and bringing to notice of the upper management a fair evaluation of the organization’s internal control environment. With stakeholder satisfaction, compliance requirements, and value delivery increasingly taking centre stage, it functionally requires many organizations to adopt and implement a continuous auditing solution. Continuous auditing solutions often call for the adoption of various computer-assisted tools and techniques to help get the job done. The usage of these tools and techniques is subject to many different factors. This paper explores some of the factors that play a role in improving the efficiency of continuous audits using such tools and techniques. Auditors widely recognize Computer-assisted auditing techniques (CAATs). However, CAATs are not being used as widely as expected. The technology–organization–environment framework is used to identify and assess the organisational elements that influence CAAT utilisation after adoption. The purpose of this study is to see if using CAATs helps the auditing process. The usage of CAATs by audit firms and audit performance are both moderated by top management commitment. The data for this study was collected from Jordanian audit companies’ auditors. According to the conclusions of the investigation, CAAT adoption is determined by the cost–benefit of technology, company size, preparedness, and competitive pressure. The technical compatibility and complexity of client accounting information systems, on the other hand, appear to have little impact on CAAT utilisation. Top management has a direct impact on audit performance and is a key influencer in how CAATs are used by auditors. However, there is no correlation between audit firm usage of CAATs and audit performance (top management audit firm’s use of CAATs). Furthermore, the adoption of CAATs helps the whole audit process of audit companies.

Determinants of effectiveness of computer-assisted audit techniques in the public sector

The increasing complexity of transaction processes in every organization, both private and public, has led auditors to develop computer-assisted audit techniques (CAATs). However, potential risks, difficulties, and challenges can hinder the effective implementation of CAATs. The purpose of this study was to examine the factors that influence the effectiveness of the implementation of CAATs in the auditor public sector. The study collected the data by distributing questionnaires to respondents. The sample comprised 225 government auditors in Indonesia, namely the Audit Board of the Republic of Indonesia (BPK). The data were analyzed using the least squares structural equation modeling and importance performance matrix analysis (IPMA). The results show that auditor competence and system quality support the effectiveness of using CAATs. In addition, policies and audit evidence do not affect the effectiveness of CAATs’ use. Other test results using IPMA show that the most critical variable influencing performance is competence in support of increasing the effectiveness of CAATs. These findings indicate that the effectiveness of CAATs use in BPK as a government audit agency requires the support of auditor competence and system quality.

Modelling computer assisted audit techniques (CAATs) in enhancing the Indonesian public sector.

Background: This study aims to examine public sector auditors' tendency to use somputer assisted audit techniques (CAATs) in managing their audit works. Methods: A total of 400 questionnaires were distributed to auditors working in the public sectors in Central Java, West Java, and East Java. From the total, 225 questionnaires were returned and completed. The Structural Equation Modelling (SEM) and Partial Least Square (PLS) were used to analyze the data. Results: The empirical findings reveal that performance expectation and facilitating conditions have encouraged auditors to use CAATs in their works. Further, there is a positive influence between the intention to use and CAATs audit. This implies that auditors with an intention will be more open to using the CAATs optimally in achieving effective and efficient work. The utilization of CAATs in public services needs to have strong support from the government and positive attitudes from the auditors as the users of the system. Conclusion: This study covers broad areas of Central Java, West Java, and East Java. Further, the findings add to the literature on emerging markets specifically for Indonesian government auditors' intention and appropriateness of using CAATs. The use of CAATs help to provide auditors information on the highest number of auditees involved in corruption.

Econometric Analysis of the Causal Link between Forensic Accounting Techniques and Fraud Prevention in Nigeria

This study examined the effect of forensic accounting techniques on fraud prevention in Nigeria. The study adopted the ordinary least square technique to assess specifically, the effect of computer assisted audit techniques, Ratio Analysis techniques and Trend Analysis technique on fraud detection/prevention in Nigerian banks. The outcome of the study revealed that there is a causal linkage between application of forensic accounting techniques and fraud detection and prevention in banks operating in Nigeria except trend analysis technique which showed no causal linkage with fraud detection/prevention. We therefore, recommend that frequent utilization of forensic audit services will significantly help in the detection, prevention as well as reduction of incidences of fraud in businesses. Furthermore, Nigeria deposit money banks should encourage the use of forensic accounting techniques to curtail fraudulent malpractices in its operations. Other robust techniques for fraud detection/prevention not considered in this study should be examined and given a chance as the three techniques considered in this study explained less than twenty percent (19.94%) of variation in fraud prevention in Nigerian banks, leaving over eighty percent to other techniques not captured in this study.

Implementation of Robotic Process Automation in Public Sector Goods and Services e-Procurement Audit

Indonesia has adopted e-Procurement through an electronic procurement system (SPSE) implemented by the Electronic Procurement Service to improve transparency and efficiency in the procurement of goods and services (LPSE). Although the data/information presented in the LPSE is easily accessible, using the data in the LPSE for supervisory or audit functions is still not optimal, despite the fact that procurement of goods and services is the area with the highest corruption cases in Indonesia. The large amount of data in LPSE makes the audit process difficult because there is too much data to consider, especially if the audit process is still manual. As a result, auditors must use information technology to aid audit activities, also known as Computer Assisted Audit Techniques (TABK). In the field of public procurement auditing, the methodology for extracting large amounts of information is also unknown. Robotic Process Automation (RPA), which is thought to have great potential to facilitate audit work, is one of the information technologies that can help with the process of extracting large amounts of data. The author attempts to investigate how the implementation of RPA in the audit of the procurement of goods and services in the public sector that were analyzed descriptively in this study. The study's findings show that process automation can be done well and produce data that can be used in audits.