The Determinants of Information Technology Audit in Iraq Listed Companies

Audit professionals today are becoming wiser in term of detecting audit errors and frauds. Auditor plays an important role in helping organization for their concerns about risks, frauds and errors. This is the reason the companies in Iraq are trying to have proper control and IT audit mechanism. But, in fact the trial balance and financial reporting are still compiled manually among the Iraqi companies. Audit matters in Iraqi companies are lacking in term of utilizing information technology (IT) resources effectively and efficiently. Auditor need to improve their ability in IT audit by using internal auditor, having quality of information and real-time issues. There are also inadequate audit internal control which leads to errors and frauds. This study determines the extent of IT audit in listed companies in Iraq. It investigate the relationship between internal auditor, quality of information and real-time on IT audit. Primary data collection technique was used. The sampling was done on 110 listed companies in Iraq but only 73 listed companies were used. The respondents were asked to respond to the questionnaire based on their internal auditor, quality of information and real time. The findings suggest that there is a positive relationship between internal auditor and quality of information on IT audit. However, there is a negative significant relationship between real-time and IT audit. This shows that Iraqi companies can improve their abilities of internal auditors and accordingly the quality of information through IT base audit.