The digital transformation of external audit and its impact on corporate governance

The literature demonstrates the growing interest of digitalization in organizations. The purpose of this paper is to study the influence of digitalization on audit’s business and to understand how it can improve the role of audit as a governance mechanism. A qualitative approach was conducted by interviewing auditors from the five largest auditing firms in France. This paper demonstrates that digital technology is impacting at five key levels audit firms especially the audit role as a governance mechanism.

Digitalization will improve the audit relevance (1) allowing audit firms to extend their offers by proposing new services (2). It will also improve the audit quality mainly by analysing all data’s customer (3). Finally, with the digitalization a new auditor profile emerges (4), enabling the culture of innovation within audit firms (5). Thus, the firm governance will be improved but the managers ‘discretionary power will be limited. This research highlights the importance of implementing digital strategies to provide regulators with the necessary modifications that need to occur for audit standards. It should enable Business School and universities to adapt their training programs according to the audit firms’ expectations.


As many other sectors, the travel and tourism industries faced great challenges following the 2019/20 Covid-19 pandemic, with lockdowns and border closures bringing travel to a halt. With the likely prolongation of social distancing measures and increasing health consciousness, service firms may need to reduce the amount of direct interactions between customers and frontline staff, encouraging the use of […]

Smart objects allow for physical or physiological Self-Tracking and Self-Quantification. The Quantified-Self provides Self-Knowledge through Self-Tracking with technology, where data collection is performed through Self-Monitoring using combined wearable technologies, i.e. sensors and computing systems (Maltseva, Lutz, 2018). The Quantified-Self movement is therefore a means to learn more about the meaning of technology in the context […]