Track: Business Management

Abstract

Digital readiness is the organizational readiness to face digitalization. The development of digital audit must be balanced with digital readiness. Organizations can use a specific capability maturity model to assess their existing position in relation to the adoption of digital audit readiness measures and receive help in advancing to the required level of implementation of relevant capabilities. This study looks at how such a model might help integrate measures linked to digital audit readiness and aid in achieving the right degree of maturity. Based on four digital transformation process categories: internal policy and governance, information and technology, digital process transformation, and human resource management, the implementation of digital audit readiness has been evaluated. Five maturity levels describe the various phases of implementing digital audit readiness measures (incomplete, performed, managed, established, predictable, and innovating). Aligning IT governance frameworks can assist implement digital audit readiness. To determine whether an organization is prepared for digital transformation, it is necessary to assess its readiness for a digital audit. The results of the digital audit readiness assessment will show problems with how digital audit transformation is being used. Sub-criteria that have a low level of maturity and high global weight can later be prioritized for increasing audit readiness.