Audit software - computer assisted audit tool (CAAT)
40+ basic audit program tests
Audit Commander™ can be used to analyze and audit data in Excel workbooks, Access databases, text files, etc. Audit Commander is a CAAT, menu driven, and does not require a command language. The button "documents" to the left has links which describe the procedures in detail.
- Time savings of up to 90% when running certain tests,
- Ability to analyze larger quantities of audit related data,
- Wider testing coverage, and
- Improved knowledge and understanding of audit environments.
- Reasonableness tests,
- Checking against business rules,
- Cross matching,
- Gaps and duplicate detection (including duplicate invoices),
- Exception reporting,
- Recalculation of values,
- Location of data anomalies and outliers,
- Testing segregation of duties,
- Population analysis, and
- Audit sampling.
Benefits of Using Audit Software
With data volumes growing and management expectations on assurances becoming more specific, random verifications and testing may be inefficient and ineffective. With audit software, 100% testing is feasible to identify erroneous/exceptional transactions, even when data volumes are large. And all this can be done in a fraction of the time required with manual methods.
Another advantage of audit software is a standard user friendly interface that the audit software presents to the auditor for performing all the tasks, regardless of the audit test performed or the underlying data formats. Logs of the tests can be retained for peer review, sharing and re-use.
Example audit programs, tests and steps
Almost any business process can be audited and analyzed using CAATS. See collection of audit programs and steps.
Software and user guide
The user guide explains how the software is used and installed. Download a free, fully functioning evaluation copy of the software for thirty days.
