9th International Conference on ICT for Sustainable Development

Authors - Anand V, Vishnu R S, Gayathri V Nair, Priyanka K
Abstract - This study investigates the perceptions and factors influencing the current utilisation of Technology-Based Audit Techniques (TBAT) in India. In-depth interviews with Chartered Accountants (CAs) explored their perceptions and revealed the importance of prioritising high-risk areas and considering materiality when deploying TBAT. The findings highlight potential shortcomings in cost-benefit analysis, risk assessment, and auditor attitudes, which can negatively impact audit quality when using TBAT. In conclusion, successful TBAT implementation requires overcoming auditor resistance, prioritising high-risk areas with materiality considerations, maintaining healthy skepticism alongside software use, and employing a structured Cost-Benefit Analysis (CBA) that encompasses long-term benefits and stakeholder impact. Ultimately, these measures safeguard audit quality and the organisation's reputation