Fraud detection in the process of collecting audit evidence: Contribution to helping firms fully comply with legal regulations

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Abstract

According to Tran and Nguyen (2023), information technology (IT) plays an important role in all business activities, especially in the field of accounting and auditing. Nguyen et al. (2022) found that the auditor’s responsibility affects fraud detection. The study examines the relationship between Vietnamese auditors’ perceptions of using IT to detect fraud during the audit evidence collection process. Data was collected through a survey with 365 responses from auditors in Vietnam. Making use of a Likert scale with a range of 1 to 5, combined with a quantitative research approach, the findings reveal that auditors’ perceptions of IT significantly influence its use in detecting fraud during evidence collection. The authors offer suggestions to improve auditors’ use of IT in fraud detection based on the findings. Thereby contributing to improving corporate strategy and helping firms fully comply with legal regulations. Additionally, this work is a useful resource for researchers and auditing businesses, with theoretical and practical implications.

Keywords: Auditing, Auditors, Fraud, Information Technology, Corporate, Business Strategy

Authors’ individual contribution: Conceptualization — D.D.T., T.Q.N., T.D.T., and V.H.N.; Methodology — T.Q.N., T.D.T., V.H.N., and D.T.D.; Software — T.Q.N., V.H.N., T.D.T., and T.B.D.; Validation — D.D.T., T.Q.N., T.B.D., and D.T.D.; Formal Analysis — T.Q.N., V.H.N., T.D.T., and D.T.D.; Investigation — D.D.T., T.D.T., T.B.D., and D.T.D.; Resources — D.D.T., T.Q.N., T.B.D., and D.T.D.; Data Curation — D.D.T., T.Q.N., and V.H.N.; Writing — Original Draft — D.D.T. and T.Q.N.; Writing — Review & Editing — D.D.T., T.Q.N., T.B.D., and D.T.D.; Visualization — D.D.T., T.Q.N., T.B.D., and D.T.D.; Supervision — D.D.T., T.Q.N., and T.B.D.; Project Administration — T.Q.N. and V.H.N.

Declaration of conflicting interests: The Authors declare that there is no conflict of interest.

JEL Classification: F65, M10, M40, M41, M42

Received: 01.05.2025
Revised: 05.08.2025; 04.09.2025
Accepted: 10.09.2025
Published online: 12.09.2025

How to cite this paper: Truong, D. D., Nguyen, T. Q., Tran, T. D., Dang, T. B., Nguyen, V. H., & Do, D. T. (2025). Fraud detection in the process of collecting audit evidence: Contribution to helping firms fully comply with legal regulations. Corporate Law & Governance Review, 7(3), 140–149. https://doi.org/10.22495/clgrv7i3p14