Academic Journal of Business & Management, 2025, 7(7); doi: 10.25236/AJBM.2025.070718.
Jiatong Yu
Business School, University of Shanghai for Science and Technology, Shanghai, China
Using the data of China’s A-share non-financial companies from 2014 to 2023 as the research sample to empirically demonstrate the relationship between fintech and audit delay. It is found that fintech significantly increases audit delays, and this effect is more pronounced in non-state-owned enterprises. Further research has found that fintech increases audit delay by increasing business complexity and auditor industry specialization negatively moderates the positive impact of fintech on audit delays.
Fintech, Audit Delay, Business Complexity, Auditor Industry Specialization
Jiatong Yu. Research on the Impact of Fintech on Audit Delays. Academic Journal of Business & Management (2025), Vol. 7, Issue 7: 134-140. https://doi.org/10.25236/AJBM.2025.070718.
[1] Li C T, Yan X W, Song M, et al.. Fintech and Corporate Innovation——Evidence from Chinese NEEQ-Listed Companies [J].China Industrial Economics, 2020, (01):81-98.
[2] Hu J Y, Yu L, Liu Y W. The Incentive Effect of Fintech on Enterprise Green Transformation: Based on the Dual Empowerment Perspective of Digitization and Green Governance [J]. Modern Finance and Economics-Journal of Tianjin University of Finance and Economics,2024,44(06):93-109.
[3] Liu J L, Geng M, Liu J Q. “Incentive Instrument” or “Self-interested Means”? Research on Director’s Liability Insurance and Stock Price Crash Risk in Companies Based on Configuration Perspective [J]. Journal of Yunnan University of Finance and Economics,2025,41(05):69-80.
[4] Liu Y, Zheng C Y, Jiang P, et al.. Does Financial Technology Help to Improve the Real Economy Investment Efficiency? [J]. Journal of Capital University of Economics and Business,2018,20(06):22-33.
[5] Dong Z, Cai Y L. Research on the Micro Mechanism and Path of Fintech on the Real Economy [J]. Soft Science,2021,35(08):57-62.
[6] Wang D X, Du Y T, Deng L Y. Enhance Financial Inclusion and Financial System Resilience: Coordination and Opposition [J]. Contemporary Economic Research,2025, (03):104-115.
[7] Hu J Y, Rong Y B, Zhang X. How Fintech Enhances Green Total Factor Productivity [J]. On Economic Problems,2025,(04):91-100.
[8] Zhou Q, Han H Y. Research on the Development, Risk and Regulatory of Financial Technology in the Digital Economy Era [J]. Scientific Management Research,2020,38(05):148-153.
[9] Lin X, Wang R Z. Research on the Influence of FinTech on Financial Market Complexity: From the Perspective of Systemic Financial Risk [J]. Securities Market Herald,2023,(10):68-79.
[10] Liu X H, Hu Z F. Fintech,Executive Environmental Background and Corporate Green Innovation [J]. Reform of Economic System,2024,(03):77-84.
[11] Du J X, He Y. Does Fintech Affect Audit Fees? [J]. Auditing Research,2025,(01):147-160.
[12] Song M, Zhou P, Si H T. Financial Technology and Enterprise Total Factor Productivity——Perspective of “Enabling” and Credit Rationing [J]. China Industrial Economics,2021,(04):138-155.
[13] Huang L, Huang S G, Yang C j. The Impact and Role Mechanism of Fintech on Green Credit——Based on the Perspective of Fintech in Commercial Banks [J]. Journal of Financial Development Research,2023,(07):73-82.
[14] Zhang Y S, Feng J Y. Assistance or Hindrance: Has FinTech Improved Audit Quality? [J]. Auditing Research,2025,(02):98-109.
[15] Xu K, Liu F. The Local Financial Risk Effects and Regulatory Empowerment Effects of Financial Technology [J]. Finance & Economics,2025,(05):1-17.
[16] Li Y, Liang R X. Directors' and Officers' Liability Insurance and Audit Efficiency——From the perspective of audit delay [J]. Auditing Research,2023,(01):149-160.
[17] Li Y M, Wang X J, Yang Z H. An Empirical Study of Enterprise Digital Transformation Increasing Audit Delay [J]. Journal of Central University of Finance &Economics,2024,(07):115-128.
[18] Yuan R L, Liu M Y, Huang Z Y, et al.. Impact of Corporate Digital Transformation on Analysts’ Forecast Accuracy [J]. Research on Economics and Management,2025,46(03):42-60.
[19] Liu W J, Mi L, Fu J X. Auditor Industry Specialization and Audit Quality——Evidence from financial fraud companies [J]. Auditing Research,2010,(01):47-54.
[20] Wen Z L, Ye B J. Analyses of Mediating Effects: The Development of Methods and Models [J]. Advances in Psychological Science,2014,22(05):731-745.
[21] Meng N N, Su Q, Lei H B. How Does Fintech Affect Banking Competition? [J]. Finance & Trade Economics,2020,41(03):66-79.
[22] Hao X C, Lai F F, Luo G X, et al.. Environmental Protection Supervision, Environmental Risk and Commercial Bank Loan Rate [J]. Review of Investment Studies,2020,39(09):4-18.