- Computer programs used by an auditor to examine an enterprise's computer files. Utility programs may be used, for example, for sorting and printing data files. Package or tailor-made programs may be used to interrogate the computer-based accounting system of a client. The auditor may also use more sophisticated audit software for compliance tests and substantive tests. Computer-assisted audit techniques (CAATs) include the use of embedded audit facilities, enabling program codes and additional data to be incorporated into the client's computerized accounting system to facilitate a continuous review of the system. There are two main examples of embedded audit facilities: integrated test facilities (ITF), which involve the creation of a fictitious entity to which transactions are posted for checking purposes; and systems control and review files (SCARF), which collect certain predefined transactions for further examination.
Accounting dictionary. 2014.
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