Artificial Intelligence and Audit Practice of Public Audit Firms in Nigeria: Does Audit Experience and Expertise Matter? (Published)
This study investigates the moderating role of auditors’ expertise and experience on the relationship between artificial intelligence (AI) adoption and audit quality in audit firms in Nigeria. Grounded on Task-Technology Fit (TTF) theory, a quantitative method was employed using data collected from a structured questionnaire administered to 237 respondents after validity and reliability tests. The structural equation modelling (SEM) shows a significantly positive relationship between expert systems of AI, neutral network of AI, machine learning of AI, fuzzy logic of AI, on audit quality of public audit firms in Nigeria, and a significantly positive relationship between auditors’ expertise and experience on audit quality of public audit firms in Nigeria. The study also revealed that auditors’ expertise and experience moderate a significantly positive relationship between artificial intelligence (expert systems, neutral network, machine learning and fuzzy logic) on audit practice (audit quality) on audit quality of public audit firms in Nigeria. Based on the findings, the paper concludes that artificial intelligence is a significant determinant of audit quality in Nigeria. The findings suggest that auditors’ expertise and experience significantly moderate the association between artificial intelligence as a significant determinant of audit quality of audit firms in Nigeria. The study highlights the consequences of human capital in the digital transformation of audit practices and demands better investment in auditor training, digital literacy, and continuous professional development. This valuable knowledge gained suggests very useful implications for audit policymakers, regulatory bodies, and institutions, pointing to the improvement of audit quality through AI integration.
Keywords: Artificial Intelligence, Audit Quality, Nigeria, audit experience, audit practice
Effect of Audit Committee, Board of Commissioners Size on Social Responsibility Disclosure with CEO Tenure as Moderating Variable (Published)
Its capacity is to demonstrate the effect of the Review Council , the Leading group of Chiefs on the revelation of Corporate Social Duty with President Residency as the directing variable. The populace in this investigation are organizations recorded on the Indonesia Stock Trade (IDX). The examining procedure utilized is purposive inspecting. The sort of information utilized in this examination is optional information. The consequences of the investigation show that the impact of the Review Advisory group and the Size of the Leading body of Chiefs affects Divulgence of Corporate Social Obligation, yet President Residency doesn’t reinforce this impact.
Keywords: Audit Committee, Audit Quality, Board size, CEO tenure, ROA, firms’ size
The Effect of Non Financial Measures, Independent Board of Commissioners, and Audit Quality against Firm Value, With Cost of Equity as a Moderating Variable (Published)
This study aims to analyze the effect of non-financial measures, independent board of commissioners, and audit quality on firm value, with the cost of equity as a moderating variable. The method used in this research is descriptive and verification methods. The data source is secondary data from the annual reports of manufacturing companies in the 2013-2016 period which are listed on the Indonesia Stock Exchange as many as 97 companies with 388 companies. The results showed that there are non-financial measures of customer perspective and internal process perspective, independent board of commissioner, and audit quality significantly influence firm value. Cost of equity as a moderating variable makes the influence of the independent board of commissioner weak against firm value. While the growth and learning perspective variables do not really affect the firm value. Cost of equity strengthens the influence of non-financial measures customer perspective on firm value, while in the internal process perspective, growth and learning of non-financial measures and audit quality are weak. The cost of equity will strengthen variables that can support the wishes of shareholders and will weaken variables that are independent of board of commissioner and audit quality. Other results require large costs to increase firm value. Firm value can be increased by increasing non-financial activities, the number of independent board of commissioner shares and conducting audit quality by reducing the amount of cost of equity that can weaken the value of firm value.
Keywords: Audit Quality, Firm Value, Non-financial measures, cost of equity, independent board of commissioner