Literature review of the effects of the adoption of data analytics on gathering audit evidence

Research shows that companies that can effectively utilize big data, on average, have a 5 to 6 per cent higher gain in productivity. The aim of this desktop research was to understand the effects of adopting data analytics on gathering audit evidence. The researchers scrutinised available documents...

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Main Authors: Wadesango, N, Muzvuwe, F.T, Malatji, S, Sitsha, L, Wadesango, O
Format: Article
Language:English
Published: Allied Business Academies 2022
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Online Access:https://www.abacademies.org/articles/literature-review-of-the-effects-of-the-adoption-of-data-analytics-on-gathering-audit-evidence-11220.html
http://hdl.handle.net/11408/4739
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author Wadesango, N
Muzvuwe, F.T
Malatji, S
Sitsha, L
Wadesango, O
author_facet Wadesango, N
Muzvuwe, F.T
Malatji, S
Sitsha, L
Wadesango, O
author_sort Wadesango, N
collection DSpace
description Research shows that companies that can effectively utilize big data, on average, have a 5 to 6 per cent higher gain in productivity. The aim of this desktop research was to understand the effects of adopting data analytics on gathering audit evidence. The researchers scrutinised available documents in order to find out what other authors have found out to be the effects of big data and data analytics in gathering audit evidence. This study basically serves as an evaluation of the literature by other scholars who researched on the related field of data analytics. The study looked at data analytics theory, literature review and gap analysis. The two variables of the research which are data analytics and audit evidence were discussed. It emerged that adoption of data analytics have a positive effect on gathering audit evidence. Recommendation is given for KPMG to fully adopt data analytics as solutions to challenges faced when using data analytics.
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spelling ir-11408-47392022-06-27T13:49:06Z Literature review of the effects of the adoption of data analytics on gathering audit evidence Wadesango, N Muzvuwe, F.T Malatji, S Sitsha, L Wadesango, O adoption data analytics gathering audit evidence Research shows that companies that can effectively utilize big data, on average, have a 5 to 6 per cent higher gain in productivity. The aim of this desktop research was to understand the effects of adopting data analytics on gathering audit evidence. The researchers scrutinised available documents in order to find out what other authors have found out to be the effects of big data and data analytics in gathering audit evidence. This study basically serves as an evaluation of the literature by other scholars who researched on the related field of data analytics. The study looked at data analytics theory, literature review and gap analysis. The two variables of the research which are data analytics and audit evidence were discussed. It emerged that adoption of data analytics have a positive effect on gathering audit evidence. Recommendation is given for KPMG to fully adopt data analytics as solutions to challenges faced when using data analytics. 2022-03-24T13:48:07Z 2022-03-24T13:48:07Z 2021 Article 1528-2635 https://www.abacademies.org/articles/literature-review-of-the-effects-of-the-adoption-of-data-analytics-on-gathering-audit-evidence-11220.html http://hdl.handle.net/11408/4739 en Academy of Accounting and Financial Studies Journal;Vol.25 , Iss.5 open Allied Business Academies
spellingShingle adoption
data analytics
gathering
audit evidence
Wadesango, N
Muzvuwe, F.T
Malatji, S
Sitsha, L
Wadesango, O
Literature review of the effects of the adoption of data analytics on gathering audit evidence
title Literature review of the effects of the adoption of data analytics on gathering audit evidence
title_full Literature review of the effects of the adoption of data analytics on gathering audit evidence
title_fullStr Literature review of the effects of the adoption of data analytics on gathering audit evidence
title_full_unstemmed Literature review of the effects of the adoption of data analytics on gathering audit evidence
title_short Literature review of the effects of the adoption of data analytics on gathering audit evidence
title_sort literature review of the effects of the adoption of data analytics on gathering audit evidence
topic adoption
data analytics
gathering
audit evidence
url https://www.abacademies.org/articles/literature-review-of-the-effects-of-the-adoption-of-data-analytics-on-gathering-audit-evidence-11220.html
http://hdl.handle.net/11408/4739
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