Auditors’ Perception Towards the Impact of Big-Data Technology on the Level the Audit Risk

The study objects for determining how independent practicing auditors perceive the effect of employing big-data technology in performing the tasks od financial statements auditing, on the level of audit risk. A questionnaire is used as the key instrument for the collection of data from respondents. A sample of 190 practicing independent auditors in Jordan had been selected following the random sampling method. Employing the one sample t-test in hypotheses testing, the results demonstrated that the practicing independent auditors in Jordan perceive that employing big data in performing audit risk, leads to a reduction in the level of audit risk, and each of the five big-data techniques plays a role in the entire effect, based on the perceptions of independent auditors. The findings of the study can be applied by audit profession all over the word. More and more investigations for big-data and other artificial intelligence technologies and its implications in the overall accounting field is recommended.