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Research of Factors Affecting Intention to Outsource Internal Audit in Enterprises in Hanoi

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Proceedings of the 4th International Conference on Research in Management and Technovation (ICRMAT 2023)

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Abstract

Purpose—The purpose of this article is to determine the factors and extent of their influence on the intention to outsource internal audit (IA) in enterprises. From there, propose solutions for outsourcing IA services to related parties. Design/methodology/approach—Research using mixed methods including in-depth interviews with experts and conducting surveys. The survey was conducted on 209 businesses through individual respondents representing members of the board of directors, accountants. Research using SPSS 22 to test the reliability of that scale of variables in the model, analyze exploratory factors, analyze correlation and multivariate regression on factors affecting intention to outsource IA. Findings—Research shows that perceived usefulness, perceived ease of use, subjective norm, behavioral control and government policy positively influence the intention to outsource IA in businesses. Practical implications—The study identifies and explores the factors affecting the intention to outsource IA based on the following theories: theory of rational action (TRA), theory of planned behavior, and technology acceptance model (TAM). Social implications—The study is empirical evidence that the willingness to outsource IA services in enterprises is really important for IA service providers; enterprises easily make decisions to outsource IA based on research results.

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Author information

Authors and Affiliations

  1. Hanoi University of Industry, 298 Cau Dien, Bac Tu Liem, Hanoi, Vietnam

    Nguyen Thi Du & Nguyen Thi Hong Nga

Authors
  1. Nguyen Thi Du
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  2. Nguyen Thi Hong Nga
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Corresponding author

Correspondence to Nguyen Thi Du .

Editor information

Editors and Affiliations

  1. Centre for Post-Graduate Studies, Hanoi University of Industry, Hanoi, Vietnam

    Thi Hong Nga Nguyen

  2. Gillings School of Global Public Health, University of North Carolina at Chapel, Chapel HIll, NC, USA

    Darrell Norman Burrell

  3. Department of Computer Science and Engineering, CMR Institute of Technology, Hyderabad, Telangana, India

    Vijender Kumar Solanki

  4. Accounting and Auditing Faculty, Academy of Finance, Hanoi, Vietnam

    Ngoc Anh Mai

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© 2024 The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.

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Du, N.T., Nga, N.T.H. (2024). Research of Factors Affecting Intention to Outsource Internal Audit in Enterprises in Hanoi. In: Nguyen, T.H.N., Burrell, D.N., Solanki, V.K., Mai, N.A. (eds) Proceedings of the 4th International Conference on Research in Management and Technovation. ICRMAT 2023. Springer, Singapore. https://doi.org/10.1007/978-981-99-8472-5_36

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