A Review of Automated Financial Accounting Systems and Audit Quality: Evidence from Selected Nigerian Firms

This study examines the impact of automated financial accounting systems on audit processes in selected Nigerian firms, focusing on the relationship between automated data capturing systems and audit planning, as well as audit evidence gathering. The findings reveal a weak positive relationship between automated data capturing systems and both audit planning and audit evidence gathering. The study recommends that audit firms enhance their staff competency through training and retraining, while management should be enlightened on the risks associated with automated accounting systems and how to mitigate them during audit processes.