An Empirical Assessment of a Model of Effective Audit Judgment in an E-Commerce Scenario
Posted: 17 Jul 2006
Date Written: July 2006
This global survey of 203 B2B E-Commerce auditors examined a model of E-Commerce audit effectiveness using confirmatory factor analysis and structural regression analysis. The findings support the theorized relationship of information technology audit expertise and information and communication technology expertise on E-Commerce audit judgment while the theorized system change management impact was indirect via information technology audit expertise. The results of this empirical study furthers understanding of the importance of auditor expertise in systems and network change management which has been an under researched area in E-Commerce auditing. The highly technology-centric nature of E-Commerce requires various expertise areas for the E-Commerce auditor to develop a higher level of audit judgment expertise. The most significant contribution made by this study to the accounting literature lies in the empirical validation of the E-Commerce audit judgment expertise model which uses global sampling of forty six countries with 203 auditor respondents. Further, this study provides measurement scales for future empirical studies to not only validate these scales on independent samples but also to extend the theory developed and tested in this paper. It is hoped that the results of this study can provide a sound theoretical and operational basis for research focused on differentiating the efficacy of varying E-Commerce audit judgment expertise configurations and for future accounting studies that determine the paths of audit expertise system design and redesign for our fast changing technological milieu.
Keywords: E-Commerce Audit Judgment, System & Network Change Management, Information Technology Audit, Confirmatory Factor Analysis
JEL Classification: M 41, C93, C12, C42, C51, C88
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