Determinants of Generalized Audit Software (Gas) Adoption by External Auditors in Nigeria
DOI:
https://doi.org/10.61143/umyu-jafr.7(1)2024.014Keywords:
Generalized Audit Software, External Auditors, ANAN, ICANAbstract
This study focuses on small and medium sized audit firms in the North Eastern Nigeria. Registered auditors licensed by ICAN and ANAN have been selected as a sample, The objective of the study is to Determined Generalized Audit Software (GAS) Adoption by External Auditors in Nigeria The research framework was developed based on the Technology-Organization-Environment (TOE). Using the TOE framework as a theoretical lens, quantitative data was sought from a survey of external auditors through self-administered questionnaires while SEM PLS and descriptive analyses were employed for the purpose of data analyses. This study tested the hypothesis between variables by using path analysis, while the dependent variable in this study is the adoption of audit technology which refers to audit technology used to support audit process. While, the independent Variables has three sets, the first set of independent variables is the technological context proxies by Relative advantage, and Technology comparability adopted for measuring technological context. The second sets is the Organisational Context proxies by Top Management commitment and Human resources IT competency The Environmental context is the last set of Independent Variables i.e competitive pressure and professional Accounting Body are their proxies The findings of the study revealed that competitive pressure, human resource competency, and technology compatibility positively influence audit technology adoption, while professional accounting body affiliation, relative advantage, and top management commitment do not significantly influence it. This imply that audit firms can focus more on enhancing competitive pressure, human resource competency, and technology compatibility to promote audit technology adoption effectively. The findings also revealed a positive relationship between Audit technology adoption and Generalized Audit software The findings offer valuable insights to management, policy makers and regulators on ways to improve the adoption and use of GAS particularly by external. GAS developers should collaborate with external auditors to enhance the compatibility of GAS applications This research contributes to existing adoption theory by extending the understanding of the impact of factors unique to GAS adoptions.
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