SESSION GOAL:  After completing this session, you should understand the usefulness of computer assisted audit techniques (CAATs). You should also be familiar with the different types of techniques available and when they are best used to gather audit evidence.

• Review Boritz, Chapter 10.
• Read Kalaba, The Benefits of CAATs, ITAudit Forum, April 1, 2002.
• Read P. J. McFadden, Seven good reasons to test the entire population versus just a sample, IS Audit & Control Journal II: 14-16, in the COURSE MATERIAL section of Blackboard.
• Read Le Grand, Use of Computer Assisted Audit Tools and Techniques - Part I
• Read ISACA standard on Use of Computer Assisted Audit Techniques.
• For additional information:
  • Visit AuditTools.com and review their references on CAATs (IDEA is software similar to the ACL package we will be using in this course).