Disruptive technology and audit risks: Evidence from FTSE 100 companies
<p>We investigate the use of disruptive technology on the level of audit risk, within both companies and audit firms. A sample of FTSE 100 and their corresponding audit firms—specifically, the ‘Big 4’—are selected for the period 2015 to 2020. Our findings indicate that the utilisation of disru...
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2024
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| _version_ | 1864513544996782080 |
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| author | Marwa Elnahass (20074635) |
| author2 | Xinrui Jia (9734161) Louise Crawford (21393455) |
| author2_role | author author |
| author_facet | Marwa Elnahass (20074635) Xinrui Jia (9734161) Louise Crawford (21393455) |
| author_role | author |
| dc.creator.none.fl_str_mv | Marwa Elnahass (20074635) Xinrui Jia (9734161) Louise Crawford (21393455) |
| dc.date.none.fl_str_mv | 2024-10-26T03:00:00Z |
| dc.identifier.none.fl_str_mv | 10.1016/j.ememar.2024.101218 |
| dc.relation.none.fl_str_mv | https://figshare.com/articles/journal_contribution/Disruptive_technology_and_audit_risks_Evidence_from_FTSE_100_companies/29108912 |
| dc.rights.none.fl_str_mv | CC BY 4.0 info:eu-repo/semantics/openAccess |
| dc.subject.none.fl_str_mv | Commerce, management, tourism and services Accounting, auditing and accountability Banking, finance and investment Strategy, management and organisational behaviour Economics Applied economics Information and computing sciences Data management and data science Information systems Disruptive technology Data analytics Big data Audit risk Audit firms JEL classification M40 M41 M42 M49 C30 |
| dc.title.none.fl_str_mv | Disruptive technology and audit risks: Evidence from FTSE 100 companies |
| dc.type.none.fl_str_mv | Text Journal contribution info:eu-repo/semantics/publishedVersion text contribution to journal |
| description | <p>We investigate the use of disruptive technology on the level of audit risk, within both companies and audit firms. A sample of FTSE 100 and their corresponding audit firms—specifically, the ‘Big 4’—are selected for the period 2015 to 2020. Our findings indicate that the utilisation of disruptive technology results in a significant reduction in audit risk for both companies and audit firms. Disruptive technology seems to promote benefits to companies and audit firms by significantly mitigating the risk of material misstatements (i.e. inherent and control risk) and detection risk; these results are consistent across various industry classifications.</p><h2>Other Information</h2> <p> Published in: Emerging Markets Review<br> License: <a href="http://creativecommons.org/licenses/by/4.0/" target="_blank">http://creativecommons.org/licenses/by/4.0/</a><br>See article on publisher's website: <a href="https://dx.doi.org/10.1016/j.ememar.2024.101218" target="_blank">https://dx.doi.org/10.1016/j.ememar.2024.101218</a></p> |
| eu_rights_str_mv | openAccess |
| id | Manara2_98d2c460e167c42dbd2afbac3f7ed9bc |
| identifier_str_mv | 10.1016/j.ememar.2024.101218 |
| network_acronym_str | Manara2 |
| network_name_str | Manara2 |
| oai_identifier_str | oai:figshare.com:article/29108912 |
| publishDate | 2024 |
| repository.mail.fl_str_mv | |
| repository.name.fl_str_mv | |
| repository_id_str | |
| rights_invalid_str_mv | CC BY 4.0 |
| spelling | Disruptive technology and audit risks: Evidence from FTSE 100 companiesMarwa Elnahass (20074635)Xinrui Jia (9734161)Louise Crawford (21393455)Commerce, management, tourism and servicesAccounting, auditing and accountabilityBanking, finance and investmentStrategy, management and organisational behaviourEconomicsApplied economicsInformation and computing sciencesData management and data scienceInformation systemsDisruptive technologyData analyticsBig dataAudit riskAudit firmsJEL classificationM40M41M42M49C30<p>We investigate the use of disruptive technology on the level of audit risk, within both companies and audit firms. A sample of FTSE 100 and their corresponding audit firms—specifically, the ‘Big 4’—are selected for the period 2015 to 2020. Our findings indicate that the utilisation of disruptive technology results in a significant reduction in audit risk for both companies and audit firms. Disruptive technology seems to promote benefits to companies and audit firms by significantly mitigating the risk of material misstatements (i.e. inherent and control risk) and detection risk; these results are consistent across various industry classifications.</p><h2>Other Information</h2> <p> Published in: Emerging Markets Review<br> License: <a href="http://creativecommons.org/licenses/by/4.0/" target="_blank">http://creativecommons.org/licenses/by/4.0/</a><br>See article on publisher's website: <a href="https://dx.doi.org/10.1016/j.ememar.2024.101218" target="_blank">https://dx.doi.org/10.1016/j.ememar.2024.101218</a></p>2024-10-26T03:00:00ZTextJournal contributioninfo:eu-repo/semantics/publishedVersiontextcontribution to journal10.1016/j.ememar.2024.101218https://figshare.com/articles/journal_contribution/Disruptive_technology_and_audit_risks_Evidence_from_FTSE_100_companies/29108912CC BY 4.0info:eu-repo/semantics/openAccessoai:figshare.com:article/291089122024-10-26T03:00:00Z |
| spellingShingle | Disruptive technology and audit risks: Evidence from FTSE 100 companies Marwa Elnahass (20074635) Commerce, management, tourism and services Accounting, auditing and accountability Banking, finance and investment Strategy, management and organisational behaviour Economics Applied economics Information and computing sciences Data management and data science Information systems Disruptive technology Data analytics Big data Audit risk Audit firms JEL classification M40 M41 M42 M49 C30 |
| status_str | publishedVersion |
| title | Disruptive technology and audit risks: Evidence from FTSE 100 companies |
| title_full | Disruptive technology and audit risks: Evidence from FTSE 100 companies |
| title_fullStr | Disruptive technology and audit risks: Evidence from FTSE 100 companies |
| title_full_unstemmed | Disruptive technology and audit risks: Evidence from FTSE 100 companies |
| title_short | Disruptive technology and audit risks: Evidence from FTSE 100 companies |
| title_sort | Disruptive technology and audit risks: Evidence from FTSE 100 companies |
| topic | Commerce, management, tourism and services Accounting, auditing and accountability Banking, finance and investment Strategy, management and organisational behaviour Economics Applied economics Information and computing sciences Data management and data science Information systems Disruptive technology Data analytics Big data Audit risk Audit firms JEL classification M40 M41 M42 M49 C30 |