CPA PEP Prep Q&A

auditing and assurance, Computer Assisted Auditing Techniques (CAATs)

 
Picture of Joy Mulii
auditing and assurance, Computer Assisted Auditing Techniques (CAATs)
by Joy Mulii Send a message - 21 Jan 2016, 2:54 AM
 

factors that an auditor should consider in determining whether to use CAATs?  (Computer Assisted Auditing Techniques)

Picture of Angela Hernandez
Re: auditing and assurance, Computer Assisted Auditing Techniques (CAATs)
by Angela Hernandez Send a message - 24 Jan 2016, 8:06 AM
 

Well, I am thinking of apps like quickbooks, excel and others when it comes to CAATs. I wouldnt want a CAAT that shares mey info to others, so for starters Security, then I wouldnt want a tough CAAT to use, which means, Easy to use, there is plenty take time and come up with more.

Picture of Marvin Gikaru
Re: auditing and assurance, Computer Assisted Auditing Techniques (CAATs)
by Marvin Gikaru Send a message - 24 Jan 2016, 8:12 AM
 
there is more Joy, for example, the systems should be easily update-able, it should be user-friendly, it shouldn't be a huge financial cost to the business, in case it crushes, there is backup storage.