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Audit software II

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › Audit software II

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by Ken Garrett.
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  • October 16, 2017 at 3:59 pm #411930
    Anuja Nair
    Member
    • Topics: 365
    • Replies: 353
    • ☆☆☆☆

    Hi sir, for the advantages of audit software, its stated as

    Computer files will be tested instead of printouts.

    What is the benefit of this ? Just that it will help to ease the auditor’s workload right ?

    Another advantage is that minimal cost will be incurred. This will be such unless there are changes in the client’s system, requiring changes to the customised audit software. Am i right sir?

    October 16, 2017 at 9:32 pm #412023
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10599
    • ☆☆☆☆☆

    Faster, more items can be checked. Once set up, cheaper thereafter.

    Changes to client’s system will cause costs.

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