Understanding Usage and Value of Audit Analytics for Internal Auditors: An Organizational Approach

• In Event: Data Analytics

Abstract

Although internal auditors are increasingly aware of the importance and value of data analytics, prior research indicates the use of audit analytics is below expectation. This paper uses the Technology-Organization-Environment (TOE) framework to identify and examine factors at the organizational level that influence post adoption usage of audit analytics, as well as its value to the internal audit function. Data were collected from clients of a major audit software vendor. Results indicate that application-level usage is influenced by management support, technological competence, and standards, while professional help, technological competence, and application-level usage drive feature-level usage.

Authors

• He Li, Rutgers Business School

• Jun Dai, Rutgers University - Newark

• Tatiana Gershberg, Rutgers Business School

• Miklos A Vasarhelyi, Rutgers University - Newark