Impact of Information Technology on Audit Practice in Nigeria

Student: Ayisat Idowu Abdulrafiu (Project, 2025)
Department of Accountancy
Osun State Polytechnic, Iree, Osun State

Abstract

This research work analyzed the impact of information technology on audit practice in Nigeria. The objectives of the study include: to identify the impact of using technology in auditing on time required to complete audit, impact of cost of auditing to audit firms and companies operating in Nigeria. To achieve this objective, the study adopted the descriptive analytical approach due to its suitability to the nature of the study. Questionnaire was adopted as the study instrument of data collection, where 24 questionnaires were distributed to the study sample, 20 were retrieved and analyzed. The study had many results, most important of which are that using technology has an impact on reducing the audit cost for the audit firms and companies due to its accuracy in data output and tabulation, and that the auditor practices the E-auditing efficiently since he realizes its various benefits for the audit offices and companies operating in Nigeria, and they applied it to a high degree. The study recommended the need for the audit offices and companies to continue operating in Nigerian through e-auditing and they should work on developing their methods of application.

Keywords
information technology audit practices auditing digital auditing technology in accounting financial reporting audit innovation audit efficiency
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