Title: Assessing the internal auditors' readiness for digital transformation

Authors: Nadta Saengsith; Phassawan Suntraruk

Addresses: Business Administration Division, Mahidol University International College, 999 Phutthamonthon 4 Road, Salaya, Nakhonpathom, 73170, Thailand ' Business Administration Division, Mahidol University International College, 999 Phutthamonthon 4 Road, Salaya, Nakhonpathom, 73170, Thailand

Abstract: The purpose of this study is to investigate the factors that affect the internal auditors' readiness for ongoing digital transformation. The questionnaire was designed and distributed to a total of 350 internal auditors who are the member of the Institute of Internal Auditors of Thailand (IIAT). Using multiple regression analysis, the findings indicate that factors relating to know-how including IT-based knowledge, cognition, and competency positively influence the internal auditors' readiness for digital transformation. A positive attitude and a willingness to accept change on the part of internal auditors are also essential factors affecting their readiness. Moreover, support from organisations, including professional organisations, are key factors creating a positive working environment to drive the competency of the internal auditors to adapt themselves to cope with the advancement of technology.

Keywords: digital transformation; information technology; internal auditors; readiness; Thailand.

DOI: 10.1504/GBER.2023.127552

Global Business and Economics Review, 2023 Vol.28 No.1, pp.1 - 21

Received: 29 Jun 2021
Accepted: 10 Jan 2022
Published online: 08 Dec 2022 *