An Exploratory Study of the Familiarity and the Perceptions of Continuous Auditing Technology in Indonesia

Accounting Department, School of Accounting, Bina Nusantara University, Jakarta, Indonesia 11480

^* Corresponding author: theodore.yf99@gmail.com
^† Corresponding author: rtandiono@binus.edu

Abstract

While there is an increasing interest in continuous auditing technology research, most studies focus on developed countries. Based on the above background, the objective of this study is to explore the perception of the emergence of continuous auditing technology in a developing country - Indonesia. This study uses semi-structured interviews to collect its data. The findings show that the level of familiarity and the awareness of the existence of continuous auditing technology is varied. Several drivers are identified as the factors of their familiarity and awareness – length of employment, the type of auditors, and prior knowledge. This study also finds that while auditors' perceptions toward continuous auditing are favorable, the concern of insufficient competency to adopt and adapt to such technology was also raised.