Abstract:
Accounting Information Systems (AIS) have become increasingly important
in the corporate world, which have transformed how firms collect, record
process, store and disseminate accounting information. Internal auditing, on
the other hand, became required because of business success and it boosts
operational efficiency by identifying and addressing process defects and
errors. The study focuses on identifying the impact of AIS on internal auditing
by focusing on the end-user perspective where efficiency, reliability, and data
quality of AIS were identified as the most often used good characteristics of
AIS, while concentrating on the impact of those characteristics on internal
auditing. A quantitative methodology was used, and a questionnaire was
issued to internal auditors in manufacturing firms in Sri Lanka, and 108
people responded, with the data being analyzed using regression analysis.
The results indicated that AIS has a significant, positive impact on internal
auditing, with data quality being the most significant element for internal
auditors. Internal auditors may assess the AIS's effectiveness, but they are
less concerned with its reliability. Organizations may gain insight into the
qualities internal auditors may look for in an AIS as a result of this study's
emphasis on the significance of AIS to them. Since auditing is directly related
to data, internal auditors are particularly concerned with the quality of the
data produced by the AIS so that management may take it into account while
adopting AIS. Organizations could implement AIS that is better suited for
internal auditors by leveraging the study's conclusions.
