Hence, from above discussion, it is evident that IIAD is crucial for the effectiveness of internal audit practices.
Additionally, as it is discussed above, IT has a key role to enhance audit effectiveness by increasing the IIAD through online audit system.
Nevertheless, as discussed above, IIAD and MSIA has a significant relationship with IT and IAE.
H5: IT mediates the relationship between IIAD and IAE.
The measures for the IIAD are adapted from Alzeban and Gwilliam (2014) and measured through 06 items.
Three sets of variables namely; IIAD, MSIA and IT expected to explain the 68.8% variance independent variable (IAE).
From the results of the current study, it is found that IIAD has a significant positive relationship with IAE with t-value 2.685 and [beta]-value 0.264.
Furthermore, IIAD and MSIA has a significant relationship with IT with t-value 3.024 and 5.360 respectively.
It is found that IT is playing a mediating role between IIAD and IAE with t-value 2.309 and [beta]-value 0.147.
It shows that IT facilitates the positive effect of IIAD and MSIA towards IAE.