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2023 | OriginalPaper | Buchkapitel

Enhancing the Role of Audit as an Effective Governance Mechanism via Digital Transformation

verfasst von : Nurul Afidah Mohamad Yusof, Zam Zuriyati Mohamad, Vikniswari Vija Kumaran

Erschienen in: Digitalisation: Opportunities and Challenges for Business

Verlag: Springer International Publishing

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Abstract

This paper aims to examine the digital transformation process of audit practices in Malaysia, and to examine how it could improve the role of audit as a governance mechanism. This study applied qualitative research methodology by conducting in-depth semi-structured interviews with six experts in the auditing field. The discussions were made in the following themes: 1) Overview of digital transformation in the audit practices in Malaysia; 2) Digital technologies as tool to improve the role of audit as a governance mechanism; 3) Challenges in the digital transformation of audit practices. The findings of this research mainly indicate that the digital transformation of audit practices in Malaysia is still in its infancy. Through this research, the audit practitioners can be informed of the potential of digital transformation to enhance the role of audit as a governance mechanism and its respective challenges. Therefore, necessary actions to accelerate the digital transformation process can be carried out by the audit industry in Malaysia.

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Titel: Enhancing the Role of Audit as an Effective Governance Mechanism via Digital Transformation
verfasst von: Nurul Afidah Mohamad Yusof
Zam Zuriyati Mohamad
Vikniswari Vija Kumaran
Verlag: Springer International Publishing
Buch: Digitalisation: Opportunities and Challenges for Business
Print ISBN: 978-3-031-26955-4

Electronic ISBN: 978-3-031-26956-1

Copyright-Jahr: 2023
DOI: https://doi.org/10.1007/978-3-031-26956-1_56

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