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Factors associated with IT audits by the internal audit function

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  • Abdolmohammadi, Mohammad J.
  • Boss, Scott R.

Abstract

Responses from a large sample of 1029 chief audit executives (CAEs) from Australia, Canada, New Zealand, the UK/Ireland, and the US are used to estimate the proportion of time spent by the internal audit functions (IAFs) on information technology (IT) audits. The sample is also used to investigate explanatory and control variables that are associated with the extent of IT audits by the IAFs. The results show that the proportion of the IAF time spent on IT audits was only 7.97% in 2003, 10.61% in 2006, and was projected to be 13.40% in 2009, indicating an approximately 1% increase per year. Multivariate regression indicates that four variables; the certified information system auditor (CISA) certification, IAF age, training, and the number of organizational employees are significantly and positively associated with IT audits by the IAFs. Other common certifications such as CIA, CPA, and CMA are not positively associated with the proportion of IT audits. Also, while CAE experience, education level, and the country of residence did not affect the results, an IS/CS (information system/computer science) was significant and positive in two of the four models tested. Implications for additional research and practice are discussed.

Suggested Citation

  • Abdolmohammadi, Mohammad J. & Boss, Scott R., 2010. "Factors associated with IT audits by the internal audit function," International Journal of Accounting Information Systems, Elsevier, vol. 11(3), pages 140-151.
    • Handle: RePEc:eee:ijoais:v:11:y:2010:i:3:p:140-151
    DOI: 10.1016/j.accinf.2010.07.004
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    References listed on IDEAS

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    1. C. Ranganathan & Carol V. Brown, 2006. "ERP Investments and the Market Value of Firms: Toward an Understanding of Influential ERP Project Variables," Information Systems Research, INFORMS, vol. 17(2), pages 145-161, June.
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    1. Stéphane Lhuillery & Marion Tellechea & Stéphanie Thiery, 2021. "Open innovation in managerial innovation: the case of internal audit," Working Papers of BETA 2021-19, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    2. Abdolmohammadi, Mohammad J. & DeSimone, Steven M. & Hsieh, Tien-Shih & Wang, Zhihong, 2017. "Factors associated with internal audit function involvement with XBRL implementation in public companies: An international study," International Journal of Accounting Information Systems, Elsevier, vol. 25(C), pages 45-56.
    3. Wu, Tung-Hsien & Huang, Shaio Yan & Chiu, An-An & Yen, David C., 2024. "IT governance and IT controls: Analysis from an internal auditing perspective," International Journal of Accounting Information Systems, Elsevier, vol. 52(C).
    4. Sojung Lucia Kim & Thompson S.H. Teo & Anol Bhattacherjee & Kichan Nam, 0. "IS auditor characteristics, audit process variables, and IS audit satisfaction: An empirical study in South Korea," Information Systems Frontiers, Springer, vol. 0, pages 1-15.
    5. Rakipi, Romina & De Santis, Federica & D'Onza, Giuseppe, 2021. "Correlates of the internal audit function’s use of data analytics in the big data era: Global evidence," Journal of International Accounting, Auditing and Taxation, Elsevier, vol. 42(C).
    6. Weisner, Martin M. & Sutton, Steve G., 2015. "When the world isn't always flat: The impact of psychological distance on auditors' reliance on specialists," International Journal of Accounting Information Systems, Elsevier, vol. 16(C), pages 23-41.
    7. Thiéry, Stéphanie & Lhuillery, Stephane & Tellechea, Marion, 2023. "How can governance, human capital, and communication practices enhance internal audit quality?," Journal of International Accounting, Auditing and Taxation, Elsevier, vol. 52(C).
    8. Steven DeSimone & Giuseppe D’Onza & Gerrit Sarens, 2021. "Correlates of internal audit function involvement in sustainability audits," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 25(2), pages 561-591, June.
    9. Stoel, Dale & Havelka, Douglas & Merhout, Jeffrey W., 2012. "An analysis of attributes that impact information technology audit quality: A study of IT and financial audit practitioners," International Journal of Accounting Information Systems, Elsevier, vol. 13(1), pages 60-79.
    10. Sojung Lucia Kim & Thompson S.H. Teo & Anol Bhattacherjee & Kichan Nam, 2017. "IS auditor characteristics, audit process variables, and IS audit satisfaction: An empirical study in South Korea," Information Systems Frontiers, Springer, vol. 19(3), pages 577-591, June.
    11. Ali SERHAN, 2020. "THE IMPACT OF ERP AUDIT ON MEASURING ORGANIZATIONAL PERFORMANCE: THE CASE OF LEBANON Abstract: Fraud scandals have had a negative impact on the public’s confidence in financial reporting hence impac," Business Excellence and Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 10(1), pages 61-71, March.

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