A Study on Relationship Between Digital Transformation and Audit Risk Based on the Data Analysis from Stata Software

With the rapid development of digital technology, which has been widely applied in enterprise management, a growing number of scholars have been focusing on the effect of digital transformation. This paper tries to analyze the degree of company digital transformation by python, and further discuss how digital transformation influences the audit risk by taking A-share listed companies from 2012 to 2021 as the research samples to empirical analysis based on Stata software. The results show that: digital transformation will improve the complexity of financial systems so that the audit risk of the company increases. However, the professional competence of auditors can weaken the effect of digital transformation, which supports the initial hypothesis that auditors with superior professional competence can properly control audit risk at a relatively low level. The research conclusion of this paper enriches the study on the consequences of digitalization from the perspective of auditors and provides practical evidence for the impact of auditors’ professional competence on audit quality.