Authors

Anthony Jioke Ezeonwuka, Suzaan Le Roux, Chukwuma Ogbodo

Abstract

The importance of Generalized Audit Software (GAS) and its benefits have been studied in developed countries. However, the benefits of GAS are not as widely researched in developing countries like Nigeria. This study was designed to investigate the efficiency of adopting GAS in internal auditing in Nigeria. The study employed the use of questions in questionnaires which were used to gather information from 120 internal auditors at 12 different firms within Nigeria. The Data was analyzed using the Principal Component Analysis (PCA). It was found that factors such as resource constraints, communication and collaboration, and training of internal auditors affected the adoption of GAS, thereby limiting its efficiency in Nigeria. The study also found that GAS adoption can improve and increase the efficiency of internal auditors in Nigeria. The study recommended the need to enhance communication and collaboration among GAS users as well as other key stakeholders in Nigeria.

Suggested Citation (APA 7th)

Ezeonwuka, A., Le Roux, S., Ogbodo, C. (2024). The Efficiency of Adopting Generalized Audit Software in Internal Auditing: A Case Study of Internal Auditors in Nigeria . International Journal of Applied Research in Business and Management, 5(1), 62-79. https://doi.org/10.51137/ijarbm.2024.5.1.4

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