Full Text Available
Note: Clicking the button above will open the full text document at the original institutional repository in a new window.
Understanding the societal resistance to the uptake of AI and other emerging technologies in auditing firms: A South African perspective
Digital transformation has seen the uptake of emerging technologies at a rapid rate, now more than ever after the COVID-19 pandemic. Audit firms are no exception to this, yet many auditors and audit trainees still show a reluctance towards integrating technology into their work processes. Considerin...
Saved in:
| Main Author: | |
|---|---|
| Other Authors: | |
| Format: | Thesis |
| Language: | Eng |
| Published: |
College of Accounting
2024
|
| Subjects: | |
| Tags: |
No Tags, Be the first to tag this record!
|
| _version_ | 1867613181472407552 |
|---|---|
| access_status_str | Open Access |
| author | Van Staden, Jayde |
| author2 | Singh-Sewpersadh, Navitha |
| author_browse | Singh-Sewpersadh, Navitha Van Staden, Jayde |
| author_facet | Singh-Sewpersadh, Navitha Van Staden, Jayde |
| author_sort | Van Staden, Jayde |
| collection | Thesis |
| description | Digital transformation has seen the uptake of emerging technologies at a rapid rate, now more than ever after the COVID-19 pandemic. Audit firms are no exception to this, yet many auditors and audit trainees still show a reluctance towards integrating technology into their work processes. Considering that almost 80% of all Fortune 500 accounting functions will be automated within the next decade, it is imperative to analyse the areas that South African firms can improve in, to gain a seat at the global table, enhance their competitive advantage and leverage technology to improve socioeconomic issues like unemployment that plague the South African economy. Using Qualtrics as a method of enquiry and descriptive analytics to determine the average mean for each category of question, 100 usable questionnaire responses from varying age groups, roles and firm sizes demonstrate that social factors, such as, the lack of support from senior management, as well as limited training and guidance relating to technology integration, are still holding them back. The resource gap between small and large firms seems to be increasing with the onset of emerging technologies altering the audit landscape, as small firms are constrained by financial and nonfinancial constraints such as costs and lack of dedicated IT personnel. Luckily, these constraints are not deterring small firms from seeing the benefits of audit integration, while large firms are pursuing it at a rapid rate. |
| format | Thesis |
| id | oai:open.uct.ac.za:11427/40680 |
| institution | University of Cape Town (South Africa) |
| language | Eng |
| last_indexed | 2026-06-10T12:32:03.909Z |
| license_str | Not specified — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository |
| publishDate | 2024 |
| publishDateRange | 2024 |
| publishDateSort | 2024 |
| publisher | College of Accounting |
| publisherStr | College of Accounting |
| record_format | dspace |
| source_str | UCTD — University of Cape Town Open Access Repository |
| spelling | oai:open.uct.ac.za:11427/40680 Understanding the societal resistance to the uptake of AI and other emerging technologies in auditing firms: A South African perspective Van Staden, Jayde Singh-Sewpersadh, Navitha Accounting Digital transformation has seen the uptake of emerging technologies at a rapid rate, now more than ever after the COVID-19 pandemic. Audit firms are no exception to this, yet many auditors and audit trainees still show a reluctance towards integrating technology into their work processes. Considering that almost 80% of all Fortune 500 accounting functions will be automated within the next decade, it is imperative to analyse the areas that South African firms can improve in, to gain a seat at the global table, enhance their competitive advantage and leverage technology to improve socioeconomic issues like unemployment that plague the South African economy. Using Qualtrics as a method of enquiry and descriptive analytics to determine the average mean for each category of question, 100 usable questionnaire responses from varying age groups, roles and firm sizes demonstrate that social factors, such as, the lack of support from senior management, as well as limited training and guidance relating to technology integration, are still holding them back. The resource gap between small and large firms seems to be increasing with the onset of emerging technologies altering the audit landscape, as small firms are constrained by financial and nonfinancial constraints such as costs and lack of dedicated IT personnel. Luckily, these constraints are not deterring small firms from seeing the benefits of audit integration, while large firms are pursuing it at a rapid rate. 2024-11-05T10:24:34Z 2024-11-05T10:24:34Z 2024 2024-07-09T13:17:37Z Thesis / Dissertation Masters MCom http://hdl.handle.net/11427/40680 Eng application/pdf College of Accounting Faculty of Commerce |
| spellingShingle | Accounting Van Staden, Jayde Understanding the societal resistance to the uptake of AI and other emerging technologies in auditing firms: A South African perspective |
| thesis_degree_str | Master's |
| title | Understanding the societal resistance to the uptake of AI and other emerging technologies in auditing firms: A South African perspective |
| title_full | Understanding the societal resistance to the uptake of AI and other emerging technologies in auditing firms: A South African perspective |
| title_fullStr | Understanding the societal resistance to the uptake of AI and other emerging technologies in auditing firms: A South African perspective |
| title_full_unstemmed | Understanding the societal resistance to the uptake of AI and other emerging technologies in auditing firms: A South African perspective |
| title_short | Understanding the societal resistance to the uptake of AI and other emerging technologies in auditing firms: A South African perspective |
| title_sort | understanding the societal resistance to the uptake of ai and other emerging technologies in auditing firms a south african perspective |
| topic | Accounting |
| url | http://hdl.handle.net/11427/40680 |
| work_keys_str_mv | AT vanstadenjayde understandingthesocietalresistancetotheuptakeofaiandotheremergingtechnologiesinauditingfirmsasouthafricanperspective |