CAATs Insights

What is CAATs?

CAATs stands for Computer-Assisted Audit Tools and Techniques. These are software tools and techniques used by auditors to access, extract, and analyze data related to the subject matter of an audit. They enable auditors to perform audit procedures more efficiently and effectively. Common uses include data analysis, fraud detection, and compliance testing.

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What other technologies are related to CAATs?

CAATs Competitor Technologies

IDEA

IDEA is a data analysis software often used in auditing, similar to CAATs, making it a direct competitor.

mentioned alongside CAATs in 2% (82) of relevant job posts

ACL

ACL (now Galvanize) is a data analysis and audit software, and a direct competitor to CAATs.

mentioned alongside CAATs in 1% (95) of relevant job posts

Microsoft Excel

Microsoft Excel provides some data analysis capabilities and can be used for basic auditing tasks, making it a lower-end competitor to specialized CAATs software.

mentioned alongside CAATs in 0% (51) of relevant job posts

CAATs Complementary Technologies

COBIT

COBIT is a framework for IT governance and management. CAATs can be used to assess and test controls defined within a COBIT framework, hence they are complementary.

mentioned alongside CAATs in 0% (52) of relevant job posts

Tableau

Tableau is a data visualization tool. CAATs can prepare data that is visualized in Tableau, or Tableau can be used to further explore the results of CAATs analysis, so they are complementary.

mentioned alongside CAATs in 0% (68) of relevant job posts