CAAT-Audit Software

kanassai · 11-08-2008, 05:15 PM

can any1 help me explain wat is audit software??
and wat type of procedures can do under audit software?

jay_sunway · 11-08-2008, 09:48 PM

Audit software is used by the auditor to obtain evidence needed for substantive procedure as well as test of control.

It is used either for
1. Sample selection - TOC & SP
2. Recalculation - SP
3. Processing of client data and comparing the results with clients system - SP

Example:

The auditor may decide to use the clients master file for AR with his software to select samples for confirmation letter to be sent.
For more information search for auditorium f8 in google

Hamdy Hafez · 11-09-2008, 01:24 PM

Quote:

Originally Posted by jay_sunway

Audit software is used by the auditor to obtain evidence needed for substantive procedure as well as test of control.

It is used either for
1. Sample selection - TOC & SP
2. Recalculation - SP
3. Processing of client data and comparing the results with clients system - SP

Example:

The auditor may decide to use the clients master file for AR with his software to select samples for confirmation letter to be sent.
For more information search for auditorium f8 in google

thanks a lot , keep the good work like this

Line · 05-15-2009, 12:51 AM

ehm

then, can tell about test data ?
thx

Frederic Huet · 05-20-2009, 05:14 AM

Do you think CAATs will be examined in June09?

triel · 05-20-2009, 07:30 AM

CAATs came out in Dec 2008, and never again.
So it's a good chance i think that it might surface for this sitting.
Keep ur fingers crossed!

Can be a good topic to score...i hope!

jixiang2009 · 05-20-2009, 05:42 PM

well done! very useful!

fancyrose · 05-22-2009, 05:08 PM

yea! one of the popular topics suggested by tutors!

jiesi27 · 05-23-2009, 09:20 AM

I second it

dagmara · 05-27-2009, 08:31 PM

Thank you for that info!