Analysis of the Effect of Information Technology Governance on Audit Risk with Audit Quality as A Moderating

Rizal Khurriyatul Fikri; Agus Triyani; Suhita Whini  Setyahuni

doi:10.33633/jpeb.v11i1.15091

Authors

Rizal Khurriyatul Fikri Department of Accounting, Faculty of Economics and Bussiness, Wahid Hasyim University
Agus Triyani Department of Accounting, Faculty of Economics and Bussiness, Wahid Hasyim University
Suhita Whini Setyahuni Department of Management, Faculty of Economics and Bussiness, Dian Nuswantoro University

DOI:

https://doi.org/10.33633/jpeb.v11i1.15091

Keywords:

Information Technology Governance, Audit Risk, Audit Quality, IT Performance, IT Committee, IT Oversight, Return on Asset, Quick Ratio, Leverage Ratio

Abstract

The Industrial Revolution 4.0 has transformed corporate operations by increasing reliance on Information Technology, which brings new challenges related to data security and reliability. IT governance is crucial to ensure effective management and reduce audit risk. Audit quality plays a moderating role in the relationship between IT governance and audit risk. This study aims to analyze the effect of IT Governance projected by IT Performance, IT Committee and Supervision on Audit Risk calculated by Return on Asset, Quick Ratio and Leverage Ratio with Audit Quality as a moderating variable. This study was conducted on industrial sector companies listed on the Indonesia Stock Exchange during the 2019-2023 period. Descriptive quantitative method was used with secondary data collection from annual reports and financial statements. The results showed that IT Performance and IT Committee have a significant negative effect on Audit Risk as measured by Return on Asset, Quick Ratio, and Leverage Ratio. On the other hand, Supervision has a significant positive effect on all Audit Risk measurement models. Audit Quality is shown to moderate the relationship between IT Governance and Audit Risk, where the interaction of Audit Quality with IT Performance and IT Committee shows a significant positive effect, while the interaction with Supervision shows a significant negative effect. These findings emphasize the importance of effective management of IT and strengthening audit quality to minimize audit risk and improve corporate financial performance.

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