CAAT

CAAT, or Computer-Assisted Audit Techniques, are software tools used by auditors to examine large amounts of financial data efficiently. Instead of manually reviewing every record, auditors use CAAT to quickly identify anomalies, errors, or suspicious transactions within a company's databases. This technology enhances accuracy, saves time, and provides deeper insights, making audit processes more effective and reliable. Essentially, CAAT helps auditors analyze data more thoroughly and efficiently than manual methods alone.