Modeling voluntary CAAT utilization decisions in auditing
Abstract
Purpose
The authors aim to examine whether the well-established unified theory of acceptance and use of technology can be effectively adapted for use in an external audit setting and whether the re-specified model holds under different levels of budget pressure.
Design/methodology/approach
This paper takes the form of a case study/questionnaire with Lisrel path modelling.
Findings
Results support the re-specified model.
Research limitations/implications
The model should aid audit research by providing a platform for new research to explore more specific solutions to technology reluctance. The authors extend general TAM research through additional exploration of the theory and impact of social influence, a determinant that has shown inconsistent tendencies in prior studies. The authors address several limitations in past TAM research including the use of student participants and self-selection bias.
Practical implications
Firms must understand the implications of their policies and culture on the intention of audit teams to voluntarily utilize software. Technology can improve the efficiency and effectiveness of audit procedures, aid in the identification of fraud and lower litigation costs. Accounting firms have invested in the development of audit testing software and can only recoup these investments if the software is used.
Originality/value
The study is the first to completely model the intention to use technology in an external audit engagement with consideration of budget influences.
Keywords
Acknowledgements
JEL classification – M420The authors are thankful to attendees of the 2009 audit midyear meeting for their helpful comments, as well as those from Faye Borthick, Jesse Robertson, Alan Levitan and Jian Guan.
Citation
B. Curtis, M. and A. Payne, E. (2014), "Modeling voluntary CAAT utilization decisions in auditing", Managerial Auditing Journal, Vol. 29 No. 4, pp. 304-326. https://doi.org/10.1108/MAJ-07-2013-0903
Publisher
:Emerald Group Publishing Limited
Copyright © 2014, Emerald Group Publishing Limited