Last Updated on December 14, 2021 by Admin © 2022 ExamTopics ExamTopics doesn't offer Real Microsoft Exam Questions. ExamTopics doesn't offer Real Amazon Exam Questions. ExamTopics Materials do not contain actual questions and answers from Cisco's Certification Exams. CFA Institute does not endorse, promote or warrant the accuracy or quality of ExamTopics. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute. What are CAATs and what benefits do they provide to IT auditors?CAATs provide auditors with tools that can identify unexpected or unexplained patterns in data that may indicate fraud. Whether the CAATs is simple or complex, data analysis provides many benefits in the prevention and detection of fraud.
Which of the following is an advantage of computer assisted audit techniques CAATs )?Spreadsheet software would be most useful for which audit activities? Which of the following is an advantage of computer-assisted audit techniques (CAATs)? The software can be used for audits of clients that use differing computer equipment and file formats.
How are computer assisted audit techniques used?Computer Assisted Audit Techniques (CAATs) is the tool which is used by the auditors. This tool facilitates them to make search from the irregularities from the given data. With the help of this tool, the internal accounting department of any firm will be able to provide more analytical results.
What factors influence auditors use of computer assisted audit techniques?In determining whether to use CAATs, the factors to consider include: the IT knowledge, expertise and experience of the audit team; • the availability of CAATs and suitable computer facilities and data; • the impracticability of manual tests; • effectiveness and efficiency; and • timing.
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Which of the following IS the primary reason for an IS auditor to use computer assisted audit techniques CAATs )?
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