What is Computer-assisted audit techniques (CAATs)?
In short
Computer-assisted audit techniques (CAATs) are tools and methods auditors use to test data and systems with technology, such as generalized audit software, test data, parallel simulation and embedded audit modules.
Key takeaways
- Test data runs auditor-created transactions through the client's programs.
- Parallel simulation reprocesses real client data with the auditor's own program and compares the results.
- They make testing entire populations practical.
Where it's tested
ISC: Information Technology (IT) Audit & Advisory Services — study notes, a five-minute revision sheet and practice questions.
Practise: 3 questions
Question 1 of 3 · 0 answered
Generalized audit software allows an auditor to: