Computer-aided audit tools: Difference between revisions

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'''Computer Assisted Audit Techniques''' or '''Computer Aided Audit Tools''' (CAATS), also known as '''Computer Assisted Audit Tools and Techniques''' (CAATTs), is a growing field within the audit profession. CAATTs is the practice of using computers to automate or simplify the audit process. In the broadest sense of the term, CAATTs can refer to any use of a computer during the audit. This would include utilizing basic software packages such as Excel, Microsoft Access, and even word processors. It practice, however, CAATTs has become synonymous with incorporating Data Analytics into the audit process. This is one of the emerging fields within the audit profession.
 
==Traditional Auditing vs CAATTs==
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*Calculations.
*Duplicate inquires.
*Pivot tables.
 
==Other uses of CAATTS==