TY - JOUR
T1 - The Influence of Information Technology Control Activities on the Financial Statement Audit
AU - Daigle, Ronald J.
AU - Kizirian, Tim
AU - Sneathen, L. Dwight
PY - 2008/1/1
Y1 - 2008/1/1
N2 - This study examines the influence of assessed information technology (IT) control reliability on financial statement audit effort and fees. Since SAS 94 requires auditors to consider an auditees use of IT controls during audit planning, this study seems highly relevant. Using archived audit workpaper documentation, our results show that IT control strength assessments are inversely associated with control risk assessments, audit hours, and fees. Results also show that both the control risk and IT control strength assessments have similar influence on hours and fees.
AB - This study examines the influence of assessed information technology (IT) control reliability on financial statement audit effort and fees. Since SAS 94 requires auditors to consider an auditees use of IT controls during audit planning, this study seems highly relevant. Using archived audit workpaper documentation, our results show that IT control strength assessments are inversely associated with control risk assessments, audit hours, and fees. Results also show that both the control risk and IT control strength assessments have similar influence on hours and fees.
KW - Finanical statement audit
KW - IT
KW - Information technology control activities
UR - https://digitalcommons.georgiasouthern.edu/account-facpubs/113
UR - https://doi.org/10.19030/rbis.v12i3.4355
U2 - 10.19030/rbis.v12i3.4355
DO - 10.19030/rbis.v12i3.4355
M3 - Article
VL - 12
JO - Review of Business Information Systems
JF - Review of Business Information Systems
ER -