Transformation from traditional audit processes to automate audit processes (A case for study in Pakistan)

Abstract

“Change is the law of life. And those who look only at the past or present are certain to miss the future”. John F. Kennedy. The significance of audit quality is necessary to bring accountability and transparency within organizations. The audit quality is severely affected from using manual procedures. Advancement in technology enables auditors to minimize risk around their work and focus on decision making. Therefore, it is crucial to explore use of technology in auditing procedures. This research intends to discover the use of technology in audit from Pakistan perspective. The researcher tried to improve knowledge from reading various literatures regarding how can technology play role in transforming traditional audit procedures to automated audit procedures in Pakistan. Primary data was gathered by the researcher from five participants from different industries in Pakistan. An inductive approach was used in the research. An induction approach involves drawing generalizable inferences out of observations. The findings show that manual procedures are inadequate in several ways to provide required satisfaction level among auditors and companies. It is recommended that top management should support by showing its willingness to invest funds in technology. Auditors can get better result by working with automated tools in various audit procedures.