IT Evidence- Gathering Procedures

Question 1

What is generalized software?

Answer 1

Audit software

Expensive but efficient over the entire portfolio

Question 2

What is customized audit software?

Answer 2

Programs written for a particular audit client.

Question 3

What are computer assisted audit techniques (CATTS)

• Test Data
• Integrated test facility

Answer 3

• Test Data (include known errors to see if the clients software will catch the error)
• Integrated test facility (dummy division)
• Parallel Simulation (compare output w/ client’s)
• Test how well controls work (while processing)
• Tagging (electronic tags attached to the data)
• Embedded modules and audit hooks- built in points where audit module can be added later