An Empirical Study on the Impacts of the Fourth Industrial Revolution Technologies on Internal Audit in Jordanian Banks

摘要

This study aimed to study and impact of the techniques of the Fourth Industrial Revolution on internal auditing processes in Jordanian banks, especially in light of the expansion of their use and application during the Corona pandemic crisis.As its use contributed to the development of accounting systems and changes in the concepts and methods of processing transactions, accounting data, internal control, and greater attention to cyber security, and it contributed to improving the quality of financial reports, which led to the need to develop an internal audit process.The inductive method was used in the study by referring to the theoretical literature to identify the impact of the use of digital technologies on the problem of auditing, designing a questionnaire that deals with the subjects of the study and analyzing data in the SPSS program.As for the study population and the study sample, it was the internal audit departments and members of the audit committee of the Jordanian commercial and Islamic banks, where the valid questionnaires for analysis were 64 questionnaires.The study concluded that the techniques used in the Fourth Industrial Revolution (4IR) achieved many advantages for internal auditing (improving the quality of completion speed, increasing work efficiency, achieving independence, and making the audit process more accurate and effective), and contributed to the development of knowledge and practical skills of the auditor As for its impact on the audit process, there was a high degree of influence between the use of technology (Internet Things, Blockchain) and a medium degree between technology (Big Data, Robot) internal audits.study recommends the need to update the legislative environment regulating digital transactions, especially those related to the rights and duties of the auditor, update professional standards to suit the development of digital technologies, and work on developing audit evidence and guidelines for the auditor to help him identify audit risks and evaluate internal control systems, especially information security (cyber) in The use and application of digital technologies.This study dealt with a new topic, which is the auditing processes under the tools of digital technologies.One of the new and unexplored topics is considered a modest beginning and encourages researchers to study each technology separately.It is considered the basis for the preparation of the next studies.