INVESTIGATION OF INCREASING TECHNOLOGY USE AND DIGITALIZATION IN AUDITING

Year 2019, , 20 - 23, 30.07.2019

Burcu Adiloglu , Nevzat Gungor

https://doi.org/10.17261/Pressacademia.2019.1058

Abstract

Purpose- The aim of
exploratory study is to increase the understanding of the effects
digitalization has on the tools and working methods of the audit profession.  

Methodology- Websites of
235 audit firms authorized by KGK (Kamu Gözetimi Kurumu- Public Oversight,
Accounting and Auditing Standards Authority) were examined. The status of the
services provided by the audit companies after the technological developments were
analyzed.

Findings- It has been
found that almost all audit companies provide services for independent audit
and tax audit. (Respectively 95% and 85%). These are followed by financial
services and internal audit issues. (Respectively 61% and 45%). Only Big Four
invest the necessary infrastructure and human resources in addition to
providing services in these matters.

Conclusion- As a result, with the effect of digitalization,
Information technologies have gained importance. But the audit firms have not
yet made the necessary investment in these areas. 90% of audit firms do not
provide services in these areas and do not make infrastructure and human
resources investments.

Keywords

Digitalization, information technologies, accounting, audit, auditing firms

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