A Study on the Perceptions and Factors Influencing the Current Utilisation of Technology-Based Audit Techniques (TBAT)

This study investigates the perceptions and factors influencing the current utilisation of technology-based audit techniques (TBAT) in India. In-depth interviews with chartered accountants (CAs) explored their perceptions and revealed the importance of prioritising high-risk areas and considering materiality when deploying TBAT. The findings highlight potential shortcomings in cost–benefit analysis, risk assessment, and auditor attitudes, which can negatively impact audit quality when using TBAT. In conclusion, successful TBAT implementation requires overcoming auditor resistance, prioritising high-risk areas with materiality considerations, maintaining healthy scepticism alongside software use, and employing a structured cost–benefit analysis (CBA) that encompasses long-term benefits and stakeholder impact. Ultimately, these measures safeguard audit quality and the organisation’s reputation.