520
Views
0
CrossRef citations to date
0
Altmetric
Accounting, Corporate Governance & Business Ethics

A systematic literature review of Auditing Practices research landscape and future research propositions using bibliometric analysis

&
Article: 2344743 | Received 08 Feb 2024, Accepted 15 Apr 2024, Published online: 26 Apr 2024

References

  • Castka, P., & Searcy, C. (2023). Audits and COVID-19: A paradigm shift in the making. Business Horizons, 66(1), 1–20. https://doi.org/10.1016/j.bushor.2021.11.003
  • Rönkkö, J., Lilja, M., & Oulasvirta, L. (2023). Voluntary adoption of the International Standards on Auditing (ISA) in local government audits—empirical evidence from Finland. Public Money & Management, 43(3), 277–284. https://doi.org/10.1080/09540962.2022.2131290
  • Abbas, A. F., Jusoh, A., Mas’ Od, A., Alsharif, A. H., & Ali, J. (2022). Bibliometrix analysis of information sharing in social media. Cogent Business & Management, 9(1), 2016556. https://doi.org/10.1080/23311975.2021.2016556
  • Alharasis, E. E., Alhadab, M., Alidarous, M., Jamaani, F., & Alkhwaldi, A. F. (2023). The impact of COVID-19 on the relationship between auditor industry specialization and audit fees: Empirical evidence from Jordan. Journal of Financial Reporting and Accounting. Ahead-of-print. https://doi.org/10.1108/JFRA-01-2023-0052
  • Alharasis, E., Alidarous, M., Alkhwaldi, A. F., Haddad, H., Alramahi, N., & Al-Shattarat, H. K. (2023). Corporates’ monitoring costs of fair value disclosures in pre-versus post-IFRS7 era: Jordanian financial business evidence. Cogent Business & Management, 10(2), 2234141. https://doi.org/10.1080/23311975.2023.2234141
  • Alharasis, E. E., Prokofieva, M., & Clark, C. (2023). The moderating impact of auditor industry specialisation on the relationship between fair value disclosure and audit fees: Empirical evidence from Jordan. Asian Review of Accounting, 31(2), 227–255. https://doi.org/10.1108/ARA-03-2022-0050
  • Ali, M. H., & Meah, M. R. (2021). Factors of audit committee independence: An empirical study from an emerging economy. Cogent Business & Management, 8(1), 1888678. https://doi.org/10.1080/23311975.2021.1888678
  • Amin, R., Kushwaha, B. P., & Miah, M. H. (2023). The process optimisation method of the optimal online sales model of information product demand concerning the spillover effect. Journal of International Logistics and Trade, 21(2), 62–83. https://doi.org/10.1108/JILT-06-2022-0013
  • Amiri, A. M., Kushwaha, B. P., & Singh, R. (2023). Visualisation of global research trends and future research directions of digital marketing in small and medium enterprises using bibliometric analysis. Journal of Small Business and Enterprise Development, 30(3), 621–641. https://doi.org/10.1108/JSBED-04-2022-0206
  • Appelbaum, D., Budnik, S., & Vasarhelyi, M. (2020). Auditing and accounting during and after the COVID-19 crisis. The CPA Journal, 90(6), 14–19.
  • Bakri, M. A. (2021). Moderating effect of audit quality: The case of dividend and firm value in Malaysian firms. Cogent Business & Management, 8(1), 2004807. https://doi.org/10.1080/23311975.2021.2004807
  • Beck, N., van Bommel, A. C., Eddes, E. H., van Leersum, N. J., Tollenaar, R. A., & Wouters, M. W. (2020). The Dutch Institute for Clinical Auditing: Achieving Codman’s dream on a nationwide basis. Annals of Surgery, 271(4), 627–631. https://doi.org/10.1097/SLA.0000000000003665
  • Blanchard, M. A., Contreras, A., Kalkan, R. B., & Heeren, A. (2023). Auditing the research practices and statistical analyses of the group-level temporal network approach to psychological constructs: A systematic scoping review. Behavior Research Methods, 55(2), 767–787. https://doi.org/10.3758/s13428-022-01839-y
  • Boiral, O., & Gendron, Y. (2008). Sustainable development and certification practices: Lessons learned and prospects. Business Strategy and the Environment, 20(5), 331–347. https://doi.org/10.1002/bse.701
  • Bustos-Contell, E., Porcuna-Enguix, L., Serrano-Madrid, J., & Labatut-Serer, G. (2022). Female audit team leaders and audit effort. Journal of Business Research, 140, 324–331. https://doi.org/10.1016/j.jbusres.2021.11.003
  • Carcary, M. (2020). The research audit trail: Methodological guidance for application in practice. Electronic Journal of Business Research Methods, 18(2), pp166–177.
  • Carcello, J. V., & Nagy, A. L. (2004). Client size, auditor specialisation and fraudulent financial reporting. Managerial Auditing Journal, 19(5), 651–668. https://doi.org/10.1108/02686900410537775
  • Carcello, J. V., & Nagy, A. L. (2005). Audit firm tenure and fraudulent financial reporting. AUDITING: A Journal of Practice & Theory, 23(2), 55–69. https://doi.org/10.2308/aud.2004.23.2.55
  • Christ, M. H., Eulerich, M., Krane, R., & Wood, D. A. (2021). New frontiers for internal audit research. Accounting Perspectives, 20(4), 449–475. https://doi.org/10.1111/1911-3838.12272
  • Chung, H., & Kallapur, S. (2017). Client importance, nonaudit services, and abnormal accruals. The Accounting Review, 78(4), 931–955. https://doi.org/10.2308/accr.2003.78.4.931
  • Cohen, J. R., Krishnamoorthy, G., & Wright, A. M. (2008). Form versus substance: The implications for auditing practice and research of alternative perspectives on corporate governance. AUDITING: A Journal of Practice & Theory, 27(2), 181–198. https://doi.org/10.2308/aud.2008.27.2.181
  • Cohen, J., Krishnamoorthy, G., & Wright, A. M. (2002). Corporate governance and the audit process. Contemporary Accounting Research, 19(4), 573–594. https://doi.org/10.1506/983M-EPXG-4Y0R-J9YK
  • Costanza-Chock, S., Raji, I. D., & Buolamwini, J. (2022). Who audits the auditors? Recommendations from a field scan of the algorithmic auditing ecosystem [Paper presentation]. Proceedings of the 2022 ACM Conference on Fairness, Accountability, and Transparency (pp. 1571–1583). https://doi.org/10.1145/3531146.3533213
  • Dai, J., & Vasarhelyi, M. A. (2009). Imagineering Audit 4.0. Journal of Emerging Technologies in Accounting, 13(1), 1–15. https://doi.org/10.2308/jeta-10494
  • Dai, J., & Vasarhelyi, M. A. (2017). Toward blockchain-based accounting and assurance. Journal of Information Systems, 31(3), 5–21. https://doi.org/10.2308/isys-51804
  • DeHoratius, N., & Raman, A. (2010). Inventory record inaccuracy: An empirical analysis. Management Science, 54(4), 627–641. https://doi.org/10.1287/mnsc.1070.0789
  • de Ricquebourg, A. D., & Maroun, W. (2023). How do auditor rotations affect key audit matters? Archival evidence from South African audits. The British Accounting Review, 55(2), 101099. https://doi.org/10.1016/j.bar.2022.101099
  • DeAngelo, L. E. (1981). Auditor size and audit quality. Journal of Accounting and Economics, 3(3), 183–199. https://doi.org/10.1016/0165-4101(81)90002-1
  • DeFond, M., & Zhang, J. (2014). A review of archival auditing research. Journal of Accounting and Economics, 58(2-3), 275–326. https://doi.org/10.1016/j.jacceco.2014.09.002
  • Donthu, N., Kumar, S., Mukherjee, D., Pandey, N., & Lim, W. M. (2021). How to conduct a bibliometric analysis: An overview and guidelines. Journal of Business Research, 133, 285–296. https://doi.org/10.1016/j.jbusres.2021.04.070
  • Earley, C. E. (2015). Data analytics in auditing: Opportunities and challenges. Business Horizons, 58(5), 493–500. https://doi.org/10.1016/j.bushor.2015.05.002
  • Eilifsen, A., Kinserdal, F., Messier, W. F., Jr, & McKee, T. E. (2020). An exploratory study into the use of audit data analytics on audit engagements. Accounting Horizons, 34(4), 75–103. https://doi.org/10.2308/HORIZONS-19-121
  • Faccia, A., Al Naqbi, M. Y. K., & Lootah, S. A. (2019). Integrated cloud financial accounting cycle: How artificial intelligence, blockchain, and XBRL will change the accounting, fiscal and auditing practices. Proceedings of the 2019 3rd International Conference on Cloud and Big Data Computing (pp. 31–37).
  • Ferry, L., Midgley, H., Murphie, A., & Sandford, M. (2023). Auditing governable space—A study of place-based accountability in England. Financial Accountability & Management, 39(4), 772–789. https://doi.org/10.1111/faam.12321
  • Ferry, L., Midgley, H., & Ruggiero, P. (2023). Regulatory space in local government audit: An international comparative study of 20 countries. Public Money & Management, 43(3), 233–241. https://doi.org/10.1080/09540962.2022.2129559
  • Ferry, L., Radcliffe, V. S., & Steccolini, I. (2022). The future of public audit. Financial Accountability & Management, 38(3), 325–336. https://doi.org/10.1111/faam.12339
  • Frishammar, J., Richtnér, A., Brattström, A., Magnusson, M., & Björk, J. (2019). Opportunities and challenges in the new innovation landscape: Implications for innovation auditing and innovation management. European Management Journal, 37(2), 151–164. https://doi.org/10.1016/j.emj.2018.05.002
  • Grossi, G., Meijer, A., & Sargiacomo, M. (2020). A public management perspective on smart cities:’Urban auditing for management, governance and accountability. Public Management Review, 22(5), 633–647. https://doi.org/10.1080/14719037.2020.1733056
  • Han, H., Shiwakoti, R. K., Jarvis, R., Mordi, C., & Botchie, D. (2023). Accounting and auditing with blockchain technology and artificial Intelligence: A literature review. International Journal of Accounting Information Systems, 48, 100598. https://doi.org/10.1016/j.accinf.2022.100598
  • Hezam, Y. A. A., Anthonysamy, L., & Suppiah, S. D. K. (2023). Big data analytics and auditing: A review and synthesis of literature. Emerging Science Journal, 7(2), 629–642. https://doi.org/10.28991/ESJ-2023-07-02-023
  • Humphrey, C., Loft, A., & Woods, M. (2009). The global audit profession and the international financial architecture: Understanding regulatory relationships at a time of financial crisis. Accounting, Organisations and Society, 34(6-7), 810–825. https://doi.org/10.1016/j.aos.2009.06.003
  • Humphrey, C., Kausar, A., Loft, A., & Woods, M. (2010). Regulating audit beyond the crisis: A critical discussion of the EU Green Paper. European Accounting Review, 20(3), 431–457. https://doi.org/10.1080/09638180.2011.597201
  • Humphrey, C., & Moizer, P. (1990). From techniques to ideologies: An alternative perspective on the audit function. Critical Perspectives on Accounting, 1(3), 217–238. https://doi.org/10.1016/1045-2354(90)03021-7
  • Hurtt , R. K.  (2008). Development of a scale to measure professional skepticism . AUDITING: A Journal of Practice & Theory , 29 (1 ), 149 –171 . https://doi.org/10.2308/aud.2010.29.1.149
  • Hurtt, R. K. (2010). Development of a scale to measure professional skepticism. AUDITING: A Journal of Practice & Theory, 29(1), 149–171. https://doi.org/10.2308/aud.2010.29.1.149
  • Imana, B., Korolova, A., & Heidemann, J. (2021). Auditing for discrimination in algorithms delivering job ads [Paper presentation]. Proceedings of the Web Conference 2021 (pp. 3767–3778 ). https://doi.org/10.1145/3442381.3450077
  • Jeffrey, T. W., & Zimbelman, M. F. (2004). Decomposition of fraud‐risk assessments and auditors’ sensitivity to fraud cues. Contemporary Accounting Research, 21(3), 719–745. https://doi.org/10.1506/HGXP-4DBH-59D1-3FHJ
  • Kend, M., & Nguyen, L. A. (2020). Big data analytics and other emerging technologies: The impact on the Australian audit and assurance profession. Australian Accounting Review, 30(4), 269–282. https://doi.org/10.1111/auar.12305
  • Khalifa, R., Sharma, N., Humphrey, C., & Robson, K. (2007). Discourse and audit change: Transformations in methodology in the professional audit field. Accounting, Auditing & Accountability Journal, 20(6), 825–854. https://doi.org/10.1108/09513570710830263
  • Khatib, S. F. A., Abdullah, D. F., Al Amosh, H., Bazhair, A. H., & Kabara, A. S. (2022). Shariah auditing: Analysing the past to prepare for the future. Journal of Islamic Accounting and Business Research, 13(5), 791–818. https://doi.org/10.1108/JIABR-11-2021-0291
  • Khatib, S. F., Abdullah, D. F., Hendrawaty, E., & Elamer, A. A. (2022). A bibliometric analysis of cash holdings literature: Current status, development, and agenda for future research. Management Review Quarterly, 72(3), 707–744. https://doi.org/10.1007/s11301-021-00213-0
  • Kolk, A., & Perego, P. (2010). Determinants of the adoption of sustainability assurance statements: An international investigation. Business Strategy and the Environment, 19(3), 182–198. https://doi.org/10.1002/bse.643
  • Kolk , A. , & Perego , P.  (2015). Determinants of the adoption of sustainability assurance statements: An international investigation . Business Strategy and the Environment , 19(3), 182–198. https://doi.org/10.1002/bse.643
  • Kotb, A., Elbardan, H., & Halabi, H. (2020). Mapping of internal audit research: A post-Enron structured literature review. Accounting, Auditing & Accountability Journal, 33 (8 ), 1969 –1996 . https://doi.org/10.1108/AAAJ-07-2018-3581
  • Krieger, F., Drews, P., & Velte, P. (2021). Explaining the (non-) adoption of advanced data analytics in auditing: A process theory. International Journal of Accounting Information Systems, 41, 100511. https://doi.org/10.1016/j.accinf.2021.100511
  • Kushwaha, B. P., Shiva, A., & Tyagi, V. (2023). How Investors’ Financial Well-being Influences Enterprises and Individual’s Psychological Fitness? Moderating Role of Experience under Uncertainty. Sustainability, 15(2), 1699. https://doi.org/10.3390/su15021699
  • Landers, R. N., & Behrend, T. S. (2023). Auditing the AI auditors: A framework for evaluating fairness and bias in high stakes AI predictive models. The American Psychologist, 78(1), 36–49. https://doi.org/10.1037/amp0000972
  • Larasati, D. A., Ratri, M. C., Nasih, M., & Harymawan, I. (2019). Independent audit committee, risk management committee, and audit fees. Cogent Business & Management, 6(1), 1707042. https://doi.org/10.1080/23311975.2019.1707042
  • Levytska, S., Pershko, L., Akimova, L., Akimov, O., Havrilenko, K., & Kucherovskii, O. (2022). A risk-oriented approach in the system of internal auditing of the subjects of financial monitoring. International Journal of Applied Economics, Finance and Accounting, 14(2), 194–206. https://doi.org/10.33094/ijaefa.v14i2.715
  • Lombardi, R., de Villiers, C., Moscariello, N., & Pizzo, M. (2022). The disruption of blockchain in auditing–a systematic literature review and an agenda for future research. Accounting, Auditing & Accountability Journal, 35(7), 1534–1565. https://doi.org/10.1108/AAAJ-10-2020-4992
  • Maffei, M., Casciello, R., & Meucci, F. (2021). Blockchain technology: Uninvestigated issues emerging from an integrated view within accounting and auditing practices. Journal of Organizational Change Management, 34(2), 462–476. https://doi.org/10.1108/JOCM-09-2020-0264
  • Messier, W. F., Jr, Reynolds, J. K., Simon, C. A., & Wood, D. A. (2002). The effect of using the internal audit function as a management training ground on the external auditor’s reliance decision. The Accounting Review, 86(6), 2131–2154. https://doi.org/10.2308/accr-10136
  • Messier, W. F., Jr, Martinov-Bennie, N., & Eilifsen, A. (2005). A review and integration of empirical research on materiality: Two decades later. AUDITING: A Journal of Practice & Theory, 24(2), 153–187. https://doi.org/10.2308/aud.2005.24.2.153
  • Minkkinen, M., Niukkanen, A., & Mäntymäki, M. (2022). What about investors? ESG analyses as tools for ethics-based AI auditing. AI & Society, 39(1), 329–343. https://doi.org/10.1007/s00146-022-01415-0
  • Mökander, J., & Floridi, L. (2021). Ethics-based auditing to develop trustworthy AI. Minds and Machines, 31(2), 323–327. https://doi.org/10.1007/s11023-021-09557-8
  • Nugrahanti, T. P. (2023). Analysing the evolution of auditing and financial insurance: Tracking developments, identifying research frontiers, and charting the future of accountability and risk management. West Science Accounting and Finance, 1(02), 59–68. https://doi.org/10.58812/wsaf.v1i02.119
  • Otia, J. E., & Bracci, E. (2022). Digital transformation and the public sector auditing: The SAI’s perspective. Financial Accountability & Management, 38(2), 252–280. https://doi.org/10.1111/faam.12317
  • Parker, L. D., Jacobs, K., & Schmitz, J. (2019). New public management and the rise of public sector performance audit: Evidence from the Australian case. Accounting, Auditing & Accountability Journal, 32(1), 280–306. https://doi.org/10.1108/AAAJ-06-2017-2964
  • Parmoodeh, A. M., Ndiweni, E., & Barghathi, Y. (2023). An exploratory study of the perceptions of auditors on the impact of Blockchain technology in the United Arab Emirates. International Journal of Auditing, 27(1), 24–44. https://doi.org/10.1111/ijau.12299
  • Perego, P., & Kolk, A. (2012). Multinationals’ accountability on sustainability: The evolution of third-party assurance of sustainability reports. Journal of Business Ethics, 110(2), 173–190. https://doi.org/10.1007/s10551-012-1420-5
  • Pimentel, E., Lesage, C., & Ali, S. B. H. (2023). Auditor independence in kinship economies: A MacIntyrian perspective. Journal of Business Ethics, 183(2), 365–381. https://doi.org/10.1007/s10551-022-05073-6
  • Power, M. (1997). The audit society: Rituals of verification. OUP Oxford.
  • Power, M. (1999). The audit society: Rituals of verification. British Journal of Educational Studies, 47, 92–93.
  • Power, M. (2003). Evaluating the audit explosion. Law & Policy, 25(3), 185–202. https://doi.org/10.1111/j.1467-9930.2003.00147.x
  • Power, M. K. (2003). Auditing and the production of legitimacy. Accounting, Organisations and Society, 28(4), 379–394. https://doi.org/10.1016/S0361-3682(01)00047-2
  • Power, M. (2011). Modelling the micro-foundations of the audit society: Organizations and the logic of the audit trail. Academy of Management Review, 46(1), 6–32. https://doi.org/10.5465/amr.2017.0212
  • Quick, R., Zaman, M., & Mandalawattha, G. (2023). Auditors’ application of materiality: Insight from the UK. Accounting Forum, 47(1), 24–46. https://doi.org/10.1080/01559982.2021.2019958
  • Rasso, J. T. (2015). Construal instructions and professional skepticism in evaluating complex estimates. Accounting, Organisations and Society, 46, 44–55. https://doi.org/10.1016/j.aos.2015.03.003
  • Robson, K., Humphrey, C., Khalifa, R., & Jones, J. (2003). Transforming audit technologies: Business risk audit methodologies and the audit field. Accounting, Organizations and Society, 32(4-5), 409–438. https://doi.org/10.1016/j.aos.2006.09.002
  • Robson, K., Humphrey, C., Khalifa, R., & Jones, J. (2007). Transforming audit technologies: Business risk audit methodologies and the audit field. Accounting, Organisations and Society, 32(4-5), 409–438. https://doi.org/10.1016/j.aos.2006.09.002
  • Sharma, N., Sharma, G., Joshi, M., & Sharma, S. (2022). Lessons from leveraging technology in auditing during COVID-19: An emerging economy perspective. Managerial Auditing Journal, 37(7), 869–885. https://doi.org/10.1108/MAJ-07-2021-3267
  • Sikka, P. (2007). The internet and possibilities for counter accounts: some reflections. Accounting, Auditing & Accountability Journal, 19(5), 759–769. https://doi.org/10.1108/09513570610689686
  • Sikka, P. (2009). Financial crisis and the silence of the auditors. Accounting, Organisations and Society, 34(6-7), 868–873. https://doi.org/10.1016/j.aos.2009.01.004
  • Singh, R. K., Kushwaha, B. P., Chadha, T., & Singh, V. A. (2021). The influence of digital media marketing and celebrity endorsement on consumer purchase intention. Journal of Content Community and Communication, 14(8), 145–158. https://doi.org/10.31620/JCCC.12.21/12
  • Soh, W. G., Antonacopoulou, E. P., Rigg, C., & Bento, R. (2023). Embedding a “Reflexive Mindset”: Lessons from reconfiguring the internal auditing practice. Academy of Management Learning & Education, 22(1), 88–111. https://doi.org/10.5465/amle.2021.0182
  • Stack, R., & Malsch, B. (2022). Auditors’ professional identities: Review and future directions. Accounting Perspectives, 21(2), 177–206. https://doi.org/10.1111/1911-3838.12289
  • Tetteh, L. A., Agyenim-Boateng, C., & Simpson, S. N. Y. (2023). Institutional pressures and strategic response to auditing implementation of sustainable development goals: The role of public sector auditors. Journal of Applied Accounting Research, 24(2), 403–423. https://doi.org/10.1108/JAAR-05-2022-0101
  • Thakur, J., & Kushwaha, B. P. (2023). Artificial intelligence in marketing research and future research directions: Science mapping and research clustering using bibliometric analysis. Global Business and Organizational Excellence, 43(3), 139–155. https://doi.org/10.1002/joe.22233
  • Thottoli, M. M., & Kv, T. (2022). Characteristics of information communication technology and audit practices: Evidence from India. VINE Journal of Information and Knowledge Management Systems, 52(4), 570–593. https://doi.org/10.1108/VJIKMS-04-2020-0068
  • Tiberius, V., & Hirth, S. (2019). Impacts of digitisation on auditing: A Delphi study for Germany. Journal of International Accounting, Auditing and Taxation, 37, 100288. https://doi.org/10.1016/j.intaccaudtax.2019.100288
  • Tumwebaze, Z., Bananuka, J., Kaawaase, T. K., Bonareri, C. T., & Mutesasira, F. (2022). Audit committee effectiveness, internal audit function and sustainability reporting practices. Asian Journal of Accounting Research, 7(2), 163–181. https://doi.org/10.1108/AJAR-03-2021-0036
  • Turetken, O., Jethefer, S., & Ozkan, B. (2020). Internal audit effectiveness: Operationalisation and influencing factors. Managerial Auditing Journal, 35(2), 238–271. https://doi.org/10.1108/MAJ-08-2018-1980
  • Van Hoa, N., Duyen, N. T. H., Huyen, V. N., Quang, H. V., Van Huong, N., Tu, N. T. C., & Nguyet, B. T. M. (2022). Impact of trained human resources, adoption of technology and international standards on the improvement of accounting and auditing activities in the agricultural sector in Viet Nam. AgBioForum, 24(1), 59–71.
  • Vasarhelyi, M. A., Kogan, A., & Tuttle, B. M. (2015). Big data in accounting: An overview. Accounting Horizons, 29(2), 381–396. https://doi.org/10.2308/acch-51071
  • Wilks, T. J., & Zimbelman, M. F. (2004). Using game theory and strategic reasoning concepts to prevent and detect fraud. Accounting Horizons, 18(3), 173–184. https://doi.org/10.2308/acch.2004.18.3.173
  • Wilson, C., Ghosh, A., Jiang, S., Mislove, A., Baker, L., Szary, J., Trindel, K., & Polli, F. (2021). Building and auditing fair algorithms: A case study in candidate screening. Proceedings of the 2021 ACM Conference on Fairness, Accountability, and Transparency (pp. 666—677 ) .
  • Yoon, K., Hoogduin, L., & Zhang, L. (2015). Big data as complementary audit evidence. Accounting Horizons, 29(2), 431–438. https://doi.org/10.2308/acch-51076