Readiness Analysis of Data Analytics Audit Implementation in Inspectorate General of the Ministry of Finance: An Indonesian Case

Abstract

The author thanked the Inspectorate General of the Ministry of Finance and Polytechnic of State Finance STAN for granting the permit and support in the research process.

Driving and Inhibiting Factors for Implementing Audit Analytics in an Internal Audit Function

“…Another less-concerned driving factor that emerges from the literature is the regulatory requirement. This phenomenon aligns with the inhibiting factors, in which regulatory-related issues in the IAF context appear only in one literature source (Chaqiqi and Nugroho 2021). Although there are publications from IIA regarding this matter (Ames et al 2015;Coderre 2005;Lambrechts et al 2011), its use is more as a suggestion rather than a binding standard.…”

“…Another example is that stakeholders expect IAF to provide ongoing assurance or use a larger sample (e.g., Chaqiqi and Nugroho 2021;Koskivaara 2006;Rakipi, De Santis, and D'Onza 2021), whereas conversely, data access to respond , 5, 7, 8, 9, 10, 13, 16, 18, 19, 20, 22, 24, 25, 30, 33, 34, 38 2 Regulation Inadequate (internal) audit standard/guidance Lack of (internal) audit standard and its derivation, including guidelines or procedures; which inform how (internal) audit perform/conduct the use of AA in an assurance engagement, including the impairment in independence and objectivity and how to mitigate it.…”

“…to the expectation is still becoming one of the issues (e.g., Chaqiqi and Nugroho 2021). The increasing concern for privacy and confidentiality might be one of the possible culprits for this problem.…”