Computer - assisted audit techniques ( CAATs ) are the use of computers for audit work and

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Question:

Computer

-

assisted audit techniques

(

CAATs

)

are the use of computers for audit work and comprise mainly audit software and test data.

Required:

List the benefits of employing CAATs in an audit and define the words "audit software" and "test data.

Related Book For answer-question

Auditing and Assurance Services

ISBN: 978-0077862343

6th edition

Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws

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Posted Date: May 07, 2024 01:10 AM

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Computer - assisted audit techniques ( CAATs ) are the use of computers for audit work and

Question:

Expert Answer:

Benefits of Employing CAATs in an Audit 1 Increased Efficiency CAATs automate repetitive audit tasks such as data analysis and transaction testing lea... View the full answer

Auditing and Assurance Services

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