Innovative practices: assessing the impact of robotic process automation adoption on internal audit efficiency in KSA

Abstract

Purpose In line with the noticeable trend toward automation in internal audit functions, and considering Saudi Arabia’s Vision 2030, which prioritizes technological innovation, the purpose of this study is to explore the adoption of robotic process automation (RPA) within the KSA’s various sectors of internal auditing domain, with a particular emphasis on understanding the challenges and evaluating the impact on audit efficiency. Design/methodology/approach Using a quantitative research design, this study uses a bootstrapping approach and partial least squares structural equation modeling (PLS-SEM) to meticulously analyze data collected from 138 certified internal auditors around KSA. Findings This study reveals associations between the regulatory environment, data security, vendor reputation, intention to adopt RPA and internal audit efficiency. Practical implications The study findings offer valuable insights for auditors, policymakers and industry practitioners involved in RPA adoption initiatives. The organizations can use these results to develop informed strategies for navigating the challenges and maximizing the benefits of RPA implementation in internal audit functions. Originality/value This study contributes significantly to the existing literature by delving into the adoption of RPA, with a particular emphasis on understanding the challenges and evaluating the impact on audit efficiency, specifically in the context of KSA – an area that has not been extensively studied.