A critical review of determinants of e-audit risk revolution in KSA
Industrial advances over the decades have led businesses to redesign their strategies according to the digitalization of the present age, and this is reflected in the audit profession. Organizations now employ electronic auditing and so the redesigning and revolution of e-audit risk is a widespread technique as part of the audit assurance process that requires organizations to employ talented experts. Unicorns specialized in Information Technology (IT) and accounting proficiency are in great demand. There is a need for auditors to put technology front and foremost in their minds to leverage from it and to add value to the accountancy and auditing professions. This study identifies determinants that have given rise to reengineering and revolutionary opportunities in e-auditing with respect to e-audit risk management techniques that can overcome challenges of the traditional audit process. The present study critically reviews the existing literature to suggest a list of determinants affecting e-audit risk, focusing on e-audit risk determinants from 1991 to 2020. The study uses a descriptive research design: employing content analysis and descriptive statistics to analyze the 16 determinants identified and classified into five groups. These groups, identified as major sources of e-audit risk revolution, are Organizational, Economical, Technological, Regulations and Standards, and Evaluation.