Research and Analysis of the Impact of Company Digitalization on Auditing
DOI:
https://doi.org/10.54097/hbem.v9i.9252Keywords:
Digitalization; Blockchain; Audit Fees; Audit Risk; Audit Quality; Audit Evidence.Abstract
In the era of big data, digitalization has become an important requirement for companies to improve their competitiveness and promote high-quality development. Through a review of professional literature in the field of digitalization within five years, this paper analyzes the impact of digitalization of companies on corporate auditing, and finds that digitalization of companies leads to lower or higher audit fees, generally leads to lower or higher audit risks of companies, and improves corporate audit quality, while increasing the amount of audit evidence. These effects are generally more pronounced in non-state companies and non-Big 4 firms, reflecting the profound impact of digitalization on private companies. The study further explores the impact of digitalization on auditing, and explores the changes brought by digitalization to auditing from a holistic perspective, providing a further theoretical basis for digitalization and improving the auditing system of companies.
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