Question: The Information Systems Auditing Association (ISACA) provides the auditing community with guidance in the form of auditing guidelines, standards, and polices specific to information systems

The Information Systems Auditing Association (ISACA) provides the auditing community with guidance in the form of auditing guidelines, standards, and polices specific to information systems (IS) auditing. Computer-assisted Audit Techniques (CAATs) are imperative tools for auditors to conduct an audit in accordance with heightened auditing standards.

Discuss the above statement explaining:

The role of internal auditors according to auditing standards.
Different approaches to apply CAATs.

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