Enterprise Digitalization and Audit Delay:"Double the Effort"or"Double the Result"?
Using Shanghai and Shenzhen A-share listed firms from 2010 to 2020 as samples,this pa-per adopts text analysis method to construct enterprise digitization indicators and examines the impact of en-terprise digitization on audit work from the perspective of audit delay.We find that enterprise digitization significantly increases audit delay,and this finding still holds after a series of robust tests.Further research shows that firstly compared with artificial intelligence and blockchain,big data,cloud computing and the application of digital technology drive a higher audit delay;secondly for"Big Four"firms,the positive im-pact of enterprise digitization on audit delay weakens;and thirdly with the improvement of enterprise digiti-zation level,auditors do not have a higher level of audit quality although devoting more time.
万方数据
维普
