The fixed-asset master file at Thermo-Bond includes the following data items:
Asset number ......... Date of retirement (99/99/2099 for assets still in service)
Description .......... Depreciation method code
Type code ............ Depreciation rate
Location code ......... Useful life (years)
Date of acquisition ....... Accumulated depreciation at beginning of year
Original cost ............Year-to-date depreciation
Explain several ways auditors can use computer audit software in performing a financial audit of Thermo-Bond’s fixed assets.