CAAT

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April 17, 2019 at 2:48 am #513192
toushiga
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Hello Sir,
For PYQ Dec 2012
Q1(c)Computer-assisted audit techniques (CAATS)

“CAATs can be used to confirm whether any inventory adjustments noted during the count have been correctly updated into final inventory records”

How it’s being done and confirm? Can you give an illustration?
Thank you.
April 17, 2019 at 8:01 am #513211
Kim Smith
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I have no idea – all I can say is that it would have to be audit software rather than test data. Especially as it’s the last point of the answer I don’t think it’s particularly important and I don’t think it’s worth researching.
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