Research on Audit Risks in the Digital Transformation of Enterprises

Wei Wei

2024

Abstract

With the development of the digital economy, digital transformation has become a significant trend for enterprises. The application of technologies such as cloud computing, artificial intelligence, and blockchain presents new audit risks for auditors in the context of enterprise digital transformation. By analyzing the audit risks associated with this transformation, this paper states the major audit risks faced by enterprises from four perspectives: new audit risks in digital transformation, material misstatement risks at the financial statement level, material misstatement risks at the assertion level, and detection risk. Based on this analysis, the paper proposes preventive measures for each type of audit risk. The research reveals that digital transformation increases the demand for auditors' information technology audit capabilities and that IT-based auditing can effectively address and mitigate various audit risks. However, audit independence and objectivity remain core principles. This paper aims to provide preventive measures to reduce audit risks for enterprises, promote comprehensive business upgrades, enable successful digital transformation, and reduce barriers to sustainable development.

Paper Citation

in Harvard Style

Wei W. (2024). Research on Audit Risks in the Digital Transformation of Enterprises. In Proceedings of the 1st International Conference on E-commerce and Artificial Intelligence - Volume 1: ECAI; ISBN 978-989-758-726-9, SciTePress, pages 368-373. DOI: 10.5220/0013230900004568

in Bibtex Style

@conference{ecai24,
author={Wei Wei},
title={Research on Audit Risks in the Digital Transformation of Enterprises},
booktitle={Proceedings of the 1st International Conference on E-commerce and Artificial Intelligence - Volume 1: ECAI},
year={2024},
pages={368-373},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0013230900004568},
isbn={978-989-758-726-9},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 1st International Conference on E-commerce and Artificial Intelligence - Volume 1: ECAI
TI - Research on Audit Risks in the Digital Transformation of Enterprises
SN - 978-989-758-726-9
AU - Wei W.
PY - 2024
SP - 368
EP - 373
DO - 10.5220/0013230900004568
PB - SciTePress