An Empirical Study of Enterprise Digital Transformation Increasing Audit Delay
Audit delay is influenced by operational changes brought by corporate digital transformation.Based on risk-oriented audit theory and the theory of limited resources,the author empirically examines the impact of corporate digital transformation on audit delay using valid sample data from Chinese A-share listed companies from 2011 to 2021.Through multiple regression analysis,it is demonstrated that corporate digital transformation increases audit delay.The mediating effect of business complexity on the relationship between corporate digital transformation and audit delay is tested,as well as the moderating effects of corporate financial performance and CPA professional competence on the mediating effect of business complexity.Further empirical testing reveals that the impact mechanism of corporate digital transformation on audit delay is more pronounced in non-state-owned enterprises,non-high-tech enterprises,industries with lower levels of competition,and enterprises with higher scores in legal environment assessment.This study reveals the impact mechanism of corporate digital transformation on audit delay through empirical testing,enriching the existing literature in the academic fields of factors influencing audit delay and the impact of digital transformation on third-party audit.The research findings,which highlight the combined effects of multiple variables such as business complexity,financial performance,and CPA professional competence,contribute to providing theoretical support for auditors to improve audit efficiency and for enterprises to accelerate digital transformation.
Audit delayCorporate digital transformationBusiness complexityFinancial performanceCPA professional competence
万方数据
维普
