THE PROSPECT OF TECHNOLOGY-DRIVEN AUDIT PROCEDURES IN PUBLIC ACCOUNTING
ABSTRACT
This study explores the prospect of technology-driven audit procedures in public accounting, focusing on efficiency, accuracy, and the integration of advanced technologies such as AI and data analytics. A survey research design was adopted to collect data from auditors and IT specialists, providing a comprehensive understanding of the potential and challenges of technology adoption. The sample size, derived using Taro Yamane’s formula, was 365 from a population of 7,500 auditors in Uyo, ensuring a representative and precise sample. Uyo was selected for its growing adoption of technological innovations in business practices. The survey instrument’s reliability coefficient score was 0.89, indicating high reliability. Findings indicate that technology-driven audit procedures significantly enhance efficiency and accuracy, yet face challenges in terms of initial implementation costs and the need for specialized training. The study recommends investing in technology infrastructure and developing comprehensive training programs to fully realize the benefits of technology-driven audits.
Background of the Study:
Virtual classroom discussions have become a critical component of modern education, particularly i...
Chapter One: Introduction
1.1 Background of the Study...
Background of the Study
Cloud computing has emerged as a groundbreaking technology that is transforming the educational la...
Background of the Study
The oil and gas sector is a cornerstone of Nigeria's economy, contributing significantly to...
Background of the Study
Statistical inference plays a crucial role in evaluating government programs by providing methods...
Background of the Study
Nigeria’s oil sector has long been the backbone of its economy, contributing significantly to...
Abstract: This study examines the pivotal role of play-based learning in nurturing problem-solving skills du...
Background of the study:
Economic crises can precipitate a range of adverse social phenomena, including a surge in financia...
Background to the study
Both direct negotiation with the owner or his agents and competitive bidding are viable options...
Background of the Study
Financial transparency is a critical factor in fostering trust...