INVESTIGATION OF INCREASING TECHNOLOGY USE AND DIGITALIZATION IN AUDITING

Abstract

Purpose- The aim of exploratory study is to increase the understanding of the effects digitalization has on the tools and working methods of the audit profession. Methodology- Websites of 235 audit firms authorized by KGK (Kamu Gözetimi Kurumu- Public Oversight, Accounting and Auditing Standards Authority) were examined. The status of the services provided by the audit companies after the technological developments were analyzed. Findings- It has been found that almost all audit companies provide services for independent audit and tax audit. (Respectively 95% and 85%). These are followed by financial services and internal audit issues. (Respectively 61% and 45%). Only Big Four invest the necessary infrastructure and human resources in addition to providing services in these matters. Conclusion- As a result, with the effect of digitalization, Information technologies have gained importance. But the audit firms have not yet made the necessary investment in these areas. 90% of audit firms do not provide services in these areas and do not make infrastructure and human resources investments.