Technological readiness of the auditor and its impact on digital transformation An exploratory study at the University of the Future

Abstract

The research aims to determine the relationship between technological readiness and digital transformation, as technical readiness levels represent a way to estimate the technological maturity of the critical technology elements of a program during the technology acquisition process. It is determined during the “Technology Readiness Assessment,” which examines program concepts, technology requirements, and installed technological capabilities and determines their impact on digital transformation in accounting work, as digital transformation represents the process through which companies incorporate technologies across their business to create fundamental change. Digital transformation has become a research trend in auditing with the help of computer technology. Unfortunately, auditors usually cannot fully perform the digital transformation method due to their lack of IT proficiency. Overcoming the gap between heterogeneous information sources to facilitate understanding of the concept of digital transformation is a major challenge area to support the implementation of digital transformation. The primary goal of this study is to bridge the “semantic gap” between auditors and information systems in digital transformation knowledge. In order to achieve the goal of the study, the researchers distributed (50) questionnaires to workers in the Financial Affairs Department at Al-Mustaqbal Private University. (47) questionnaires were retrieved, of which (43) questionnaires were suitable for analysis. They were analyzed using the advanced statistical program SmartPLS v.3.3.5. The study reached a set of conclusions, the most important of which is that the lack of technological readiness of workers in financial affairs at Al-Mustaqbal National University has had an adverse impact on digital transformation. The study recommended that it is necessary to work on improving the technological readiness of workers at Al-Mustaqbal National University in general and those working in the field of the financial affairs department in particular to achieve The benefits offered by digital transformation.