Determinants adoption of computer-assisted auditing tools (CAATs)

Abstract

During the last fifteen years, several studies on technology acceptance have been pursued, and several new models have been proposed. This paper presents a theoretical background on individual acceptance of Computer-assisted Audit Tools (CAATs) in the context of statutory auditors of a European country. The adoption of technologies in auditing is considered an important factor for efficiency increasing and effectiveness of auditing work. This study identifies the adoption determinants of CAATs; and develops a CAATs, adoption model. Quantitative research was carried out and operationalized by a survey to statutory auditors. Findings indicate that the perceived usefulness of CAATs, the effort expectancy, the facilitating conditions, and the number of auditors are the main drivers of the adoption and use of CAATs. This research presents significant contributions impacting the various stakeholders:

Factors that Influence the Adoption of Computer Assisted Audit Techniques (CAATs) by External Auditors in Yemen

“…Several studies explored the intention to adopt CAATs in different countries (Janvrin et al 2008;Ebimobowei et al, 2013;Bierstaker et al 2014;Curtis & Payne, 2014;Pedrosa, 2015;Mansour, 2016;Mohammad et al, 2017;Zainol et al, 2017;Al-Hiyari et al, 2019;Pedrosa et al, 2019). (Janvrin et al, 2008) examined auditors' acceptance of CAATs by external auditors in Big4, national, regional, and local firms in the U.S. Their results found that the performance expectancy and facilitating conditions increased the likelihood towards that auditor to use CAATs.…”

“…They found that the performance expectancy and facilitating conditions have a significant effect on the decision of internal auditors" intention to adopt CAATs. (Pedrosa et al, 2019) examined the determinants adoption of computer-assisted auditing tools in Portugal. They found evidence that the perceived usefulness, effort expectancy, facilitating conditions, and the number of auditors are the most likely drivers of the adoption and use of CAATs.…”

“…In general, auditors seem to be more motivated to use and adopt new technology, if they realize that this technology is more profitable and useful in their daily lives (Davis et al, 1989 andVenkatesh et al, 2003). The performance expectancy influences on the likelihood auditors adopt the CAATs in audit process (Janvrin et al, 2008;Bierstaker et al, 2014;Ebimobowei et al, 2013;Mansour,2016;Mohammad et al, 2017;Zainol et al, 2017;Al-Hiyari et al, 2019 andPedrosa et al, 2019). Therefore, this study assumes the following hypothesis:…”

“…The volume data of companies and citizens grew during the period from 2005 to 2020 with an expected average of 300 to 5,300 GB / human (Pedrosa et al, 2019). In addition to that, the rapid advancement in information technology has led to a revolution in the auditing methods (Lin & Wang, 2011).…”

“…Additionally, the UTAUT was utilized as a theoretical basis to adopt and use CAATs in some previous studies. For instance, (Bierstaker et al, 2014;Curtis & Payne, 2014;Mahzan & Lymer, 2014;Ebimobowei et al, 2013;Shamsuddin et al, 2015;Mansour, 2016;Kim et al, 2016;Zainol et al, 2017;Al-Hiyari et al, 2019 andPedrosa et al, 2019). Therefore, it is important to know the factors that influence the auditor's decision to adopt CAATs, which will affect both the work and audit practice, which will affect both the work and audit practice (Curtis & Payne, 2008).…”