Moderating Effect of Application of Accounting Technology on Audit Quality

Empirical Evidence from Southwest, Nigeria

  • Amos O. Akinola Department of Accounting, Faculty of Management Sciences, Osun State University, Okuku Campus, Okuku, Nigeria https://orcid.org/0000-0001-7800-4608
  • Peter S. Daramola Department of Accounting, Faculty of Management Sciences, Osun State University, Okuku Campus, Okuku, Nigeria https://orcid.org/0000-0002-8560-6655
  • Timilehin E. Adenle Department of Accounting, Faculty of Management Sciences, Osun State University, Okuku Campus, Okuku, Nigeria https://orcid.org/0000-0002-5914-1882
DOI: https://doi.org/10.24086/cuejhss.v9n1y2025.pp1-12
Keywords: Accounting information systems, Accounting technology, Audit quality, AuditQual, Service quality, Technical quality

Abstract

This study examines the moderating effect of accounting technology (AT) on audit quality. Primary data were sourced from hundred and fourteen auditors in private practice using a questionnaire drawn on a four-point Likert scale. Both the internal reliability and validity of the instrument were established. Three hundred and eighty-nine participants filled and returned, while three hundred and sixty two were found valid for the study and subjected to analysis using a regression model to test hypotheses one and two while the third hypothesis was subjected to LSM-SEM. The results of the analysis show that there is a positive significant (R2 = 0.554, Pvalue = 0.000) moderating effect of AT on the technical quality of audits and on the service quality of audits (R2 = 0.840, p-value = 0.000). The joint moderating effect of AT was found to have a substantial, positive, and significant effect (adjusted R2 of 0.849, Pvalue = 0.000) on audit quality, while Q2 of 0.540 established the fact that there is a large degree of relevance of the structural model employed for the joint effect. It is therefore recommended that standard-setting boards provide the necessary guidelines to drive audit quality in this era of accounting technology. Additionally, there is a need to conduct studies with a wider scope across regions.

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Author Biographies

Amos O. Akinola, Department of Accounting, Faculty of Management Sciences, Osun State University, Okuku Campus, Okuku, Nigeria

Amos O. Akinola is presently a Lecturer in the Department of Accounting, Osun State University. He is a Fellow of the Chartered Institute of Bankers of Nigeria and a Certified Chartered member of the Chartered Institute of Forensic Accountants and Fraud Investigators of Nigeria.  His research interests are in Electronic Accounting and Auditing, Taxation, Corporate Governance and Forensic Accounting.

Peter S. Daramola, Department of Accounting, Faculty of Management Sciences, Osun State University, Okuku Campus, Okuku, Nigeria

Peter S. Daramola, is presently a Lecturer  at the Department of Accounting, Osun State University, Osogbo, Nigeria. He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN). His area of specialization is Financial Reporting and Ethics.

Timilehin E. Adenle, Department of Accounting, Faculty of Management Sciences, Osun State University, Okuku Campus, Okuku, Nigeria

Timilehin Esther Adenle is a Lecturer in the department of Accounting, Osun State University. She is an Associate member of the Institute of Chartered Accountants of Nigeria (ICAN). She majored in accounting. Her research area was financial management and accounting technology.

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Published
2025-01-01
How to Cite
Akinola, A., Daramola, P., & Adenle, T. (2025). Moderating Effect of Application of Accounting Technology on Audit Quality. Cihan University-Erbil Journal of Humanities and Social Sciences, 9(1), 1-12. https://doi.org/10.24086/cuejhss.v9n1y2025.pp1-12
Issue
Vol 9 No 1 (2025)
Section
Articles

Copyright (c) 2025 Amos O. Akinola, Peter S. Daramola, Timilehin E. Adenle

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