The impact of the adoption of data analytics on gathering audit evidence: a case of KPMG Zimbabwe

The aim of this research, on the KPMG Zimbabwe external audit and assurance department, is to understand the impact of adopting data analytics on gathering audit evidence. The study purposes to disclose how auditors perceive the utility of big data and data analytics to support auditing procedures a...

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Main Authors: Wadesango, Newman, Muzvuwe, Fadzai, Stephen, Malatji
Format: Article
Language:English
Published: Journal of Management Information and Decision Sciences 2022
Subjects:
Online Access:https://www.abacademies.org/articles/the-impact-of-the-adoption-of-data-analytics-on-gathering-audit-evidence-a-case-of-kpmg-zimbabwe-11062.html
http://hdl.handle.net/11408/4773
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author Wadesango, Newman
Muzvuwe, Fadzai
Stephen, Malatji
author_facet Wadesango, Newman
Muzvuwe, Fadzai
Stephen, Malatji
author_sort Wadesango, Newman
collection DSpace
description The aim of this research, on the KPMG Zimbabwe external audit and assurance department, is to understand the impact of adopting data analytics on gathering audit evidence. The study purposes to disclose how auditors perceive the utility of big data and data analytics to support auditing procedures and gathering audit evidence. The topic was triggered by the crescent awareness of accounts, audit firms, standard setters, and academics. The paper adopted a mixed methodology research. Data collected through questionnaires was analysed quantitatively using descriptive statistics specifically measures of central tendency (mode) and measures of frequency (percent) were used and an overall assessment through regression analysis was made. Data collected through interviews was analysed using qualitative coding and analysis. The research discovered that adoption of data analytics has a positive effect on gathering audit evidence and this was supported by other scholars who were reviewed in chapter two. Recommendation was given for KPMG to fully adopt data analytics as solutions to challenges faced when using data analytics were proffered.
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spelling ir-11408-47732022-06-27T13:49:06Z The impact of the adoption of data analytics on gathering audit evidence: a case of KPMG Zimbabwe Wadesango, Newman Muzvuwe, Fadzai Stephen, Malatji Data analytics Audit evidence KPMG Zimbabwe. The aim of this research, on the KPMG Zimbabwe external audit and assurance department, is to understand the impact of adopting data analytics on gathering audit evidence. The study purposes to disclose how auditors perceive the utility of big data and data analytics to support auditing procedures and gathering audit evidence. The topic was triggered by the crescent awareness of accounts, audit firms, standard setters, and academics. The paper adopted a mixed methodology research. Data collected through questionnaires was analysed quantitatively using descriptive statistics specifically measures of central tendency (mode) and measures of frequency (percent) were used and an overall assessment through regression analysis was made. Data collected through interviews was analysed using qualitative coding and analysis. The research discovered that adoption of data analytics has a positive effect on gathering audit evidence and this was supported by other scholars who were reviewed in chapter two. Recommendation was given for KPMG to fully adopt data analytics as solutions to challenges faced when using data analytics were proffered. 2022-03-25T12:41:19Z 2022-03-25T12:41:19Z 2021 Article 1524-7252 1532-5806 https://www.abacademies.org/articles/the-impact-of-the-adoption-of-data-analytics-on-gathering-audit-evidence-a-case-of-kpmg-zimbabwe-11062.html http://hdl.handle.net/11408/4773 en Journal of Management Information and Decision Sciences;Vol. 24; No. 5: p. 1-15 open Journal of Management Information and Decision Sciences
spellingShingle Data analytics
Audit evidence
KPMG Zimbabwe.
Wadesango, Newman
Muzvuwe, Fadzai
Stephen, Malatji
The impact of the adoption of data analytics on gathering audit evidence: a case of KPMG Zimbabwe
title The impact of the adoption of data analytics on gathering audit evidence: a case of KPMG Zimbabwe
title_full The impact of the adoption of data analytics on gathering audit evidence: a case of KPMG Zimbabwe
title_fullStr The impact of the adoption of data analytics on gathering audit evidence: a case of KPMG Zimbabwe
title_full_unstemmed The impact of the adoption of data analytics on gathering audit evidence: a case of KPMG Zimbabwe
title_short The impact of the adoption of data analytics on gathering audit evidence: a case of KPMG Zimbabwe
title_sort impact of the adoption of data analytics on gathering audit evidence: a case of kpmg zimbabwe
topic Data analytics
Audit evidence
KPMG Zimbabwe.
url https://www.abacademies.org/articles/the-impact-of-the-adoption-of-data-analytics-on-gathering-audit-evidence-a-case-of-kpmg-zimbabwe-11062.html
http://hdl.handle.net/11408/4773
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