Cover Image

THE IMPACT OF INFORMATION TECHNOLOGY GOVERNANCE UNDER COBIT-5 FRAMEWORK ON REDUCING THE AUDIT RISK IN JORDANIAN COMPANIES

Purpose: The goal of this study is to ascertain how the COBIT 5 framework, which consists of (Planning and organization, Acquire and implementation, Support and Delivery, Monitoring and evaluation, Guidance and Control), affects audit risk. Theoretical framework: IT governance (ITG) is a strategic a...

Full description

Saved in:
Bibliographic Details
Main Authors: Alsaleem E.A., Husin N.M.
Other Authors: 58121773100
Format: Article
Published: AOS-Estratagia and Inovacao 2024
Subjects:
Audit Risk
Cobit 5
ITG
Tags: Add Tag
No Tags, Be the first to tag this record!
id my.uniten.dspace-34665
record_format dspace
spelling my.uniten.dspace-346652024-10-14T11:21:33Z THE IMPACT OF INFORMATION TECHNOLOGY GOVERNANCE UNDER COBIT-5 FRAMEWORK ON REDUCING THE AUDIT RISK IN JORDANIAN COMPANIES [O IMPACTO DA GOVERNAN�A DA TECNOLOGIA DA INFORMA��O SOB A ESTRUTURA COBIT-5 NA REDU��O DO RISCO DE AUDITORIA NAS EMPRESAS JORDANIANAS] [EL IMPACTO DE LA GOBERNANZA DE LA TECNOLOG�A DE LA INFORMACI�N BAJO EL MARCO COBIT-5 EN LA REDUCCI�N DEL RIESGO DE AUDITOR�A EN LAS EMPRESAS JORDANAS] Alsaleem E.A. Husin N.M. 58121773100 55152658600 Audit Risk Cobit 5 ITG Purpose: The goal of this study is to ascertain how the COBIT 5 framework, which consists of (Planning and organization, Acquire and implementation, Support and Delivery, Monitoring and evaluation, Guidance and Control), affects audit risk. Theoretical framework: IT governance (ITG) is a strategic and administrative procedure that aids in an organization's efficient and responsible usage of IT. The efficacy of audit control and audit process can be significantly impacted by COBIT5. Design/methodology/approach: This study used a quantitative approach, with questionnaires distributed to 450 workers from each of the 150 Jordanian companies. The three employees served as a representative sample from the finance, internal audit, and IT departments. A total of 371 sets of questionnaires were returned with complete responses and were further examined. The data analysis employed descriptive analysis, Pearson correlation, and multiple linear regressions. Findings: The results of this investigation revealed that every independent variable, including Cobit 5, had a favorable and substantial impact on the decrease of audit risk. one of the most important results of this study showed that Monitoring and evaluation is one of the most influential dimensions of ITG to reducing audit risks, and perhaps this may be due to the nature of the delivery of IT within companies� systems and the implementation of their applications and services to be delivered. Research, Practical & Social implications: This study helps Jordanian companies to enhance the application of information technology governance, which contributes to raising the level of efficiency of their accounting systems and enabling them to compete. Originality/value: The findings showed that are a limited number of studies on IT governance and audit risk that have focused on developing countries, especially Jordan, and this is where the research comes in �to fill up the gap. � AOS-Estratagia and Inovacao. All rights reserved. Final 2024-10-14T03:21:33Z 2024-10-14T03:21:33Z 2023 Article 10.26668/businessreview/2023.v8i2.1236 2-s2.0-85149124982 https://www.scopus.com/inward/record.uri?eid=2-s2.0-85149124982&doi=10.26668%2fbusinessreview%2f2023.v8i2.1236&partnerID=40&md5=bbebcb6844cd7456fe442932039f8215 https://irepository.uniten.edu.my/handle/123456789/34665 8 2 e01236 All Open Access Gold Open Access AOS-Estratagia and Inovacao Scopus
institution Universiti Tenaga Nasional
building UNITEN Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Tenaga Nasional
content_source UNITEN Institutional Repository
url_provider http://dspace.uniten.edu.my/
topic Audit Risk
Cobit 5
ITG
spellingShingle Audit Risk
Cobit 5
ITG
Alsaleem E.A.
Husin N.M.
THE IMPACT OF INFORMATION TECHNOLOGY GOVERNANCE UNDER COBIT-5 FRAMEWORK ON REDUCING THE AUDIT RISK IN JORDANIAN COMPANIES
description Purpose: The goal of this study is to ascertain how the COBIT 5 framework, which consists of (Planning and organization, Acquire and implementation, Support and Delivery, Monitoring and evaluation, Guidance and Control), affects audit risk. Theoretical framework: IT governance (ITG) is a strategic and administrative procedure that aids in an organization's efficient and responsible usage of IT. The efficacy of audit control and audit process can be significantly impacted by COBIT5. Design/methodology/approach: This study used a quantitative approach, with questionnaires distributed to 450 workers from each of the 150 Jordanian companies. The three employees served as a representative sample from the finance, internal audit, and IT departments. A total of 371 sets of questionnaires were returned with complete responses and were further examined. The data analysis employed descriptive analysis, Pearson correlation, and multiple linear regressions. Findings: The results of this investigation revealed that every independent variable, including Cobit 5, had a favorable and substantial impact on the decrease of audit risk. one of the most important results of this study showed that Monitoring and evaluation is one of the most influential dimensions of ITG to reducing audit risks, and perhaps this may be due to the nature of the delivery of IT within companies� systems and the implementation of their applications and services to be delivered. Research, Practical & Social implications: This study helps Jordanian companies to enhance the application of information technology governance, which contributes to raising the level of efficiency of their accounting systems and enabling them to compete. Originality/value: The findings showed that are a limited number of studies on IT governance and audit risk that have focused on developing countries, especially Jordan, and this is where the research comes in �to fill up the gap. � AOS-Estratagia and Inovacao. All rights reserved.
author2 58121773100
author_facet 58121773100
Alsaleem E.A.
Husin N.M.
format Article
author Alsaleem E.A.
Husin N.M.
author_sort Alsaleem E.A.
title THE IMPACT OF INFORMATION TECHNOLOGY GOVERNANCE UNDER COBIT-5 FRAMEWORK ON REDUCING THE AUDIT RISK IN JORDANIAN COMPANIES
title_short THE IMPACT OF INFORMATION TECHNOLOGY GOVERNANCE UNDER COBIT-5 FRAMEWORK ON REDUCING THE AUDIT RISK IN JORDANIAN COMPANIES
title_full THE IMPACT OF INFORMATION TECHNOLOGY GOVERNANCE UNDER COBIT-5 FRAMEWORK ON REDUCING THE AUDIT RISK IN JORDANIAN COMPANIES
title_fullStr THE IMPACT OF INFORMATION TECHNOLOGY GOVERNANCE UNDER COBIT-5 FRAMEWORK ON REDUCING THE AUDIT RISK IN JORDANIAN COMPANIES
title_full_unstemmed THE IMPACT OF INFORMATION TECHNOLOGY GOVERNANCE UNDER COBIT-5 FRAMEWORK ON REDUCING THE AUDIT RISK IN JORDANIAN COMPANIES
title_sort impact of information technology governance under cobit-5 framework on reducing the audit risk in jordanian companies
publisher AOS-Estratagia and Inovacao
publishDate 2024
_version_ 1814061131943116800
score 13.211869

Similar Items