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#Caseware idea crosstab software

Incorrect Calculations of financial statement line items.Deceased individuals receiving payments.Quantify the financial impact of business decisions, accounting practices and internal controlsĬomputer Assisted Auditing Techniques (CAATs) Can you think of any examples of testing where CAATs can be useful?.Minimizing the potential for human error.Increasing the granularity of data tested.

CAATs can lower your detection risk by.

In subsequent years, the same CAAT programs can be modified and run in 30% - 50% less time than the initial year, creating even greater efficiency and effectivenessĬomputer Assisted Auditing Techniques (CAATs) Decreased Risk.

On Average, CAAT programs can be developed in 30% - 40% less time than it takes to manually perform the task.

#Caseware idea crosstab software

The use of software to automate audit or business processes that would otherwise need to be performed manuallyĬomputer Assisted Auditing Techniques (CAATs).

Ancient China, Mesopotamia, & Middle Ages.

Profit/Tax Calculation & Budgetary Analysis.

Multiple Uses from Population Analysis to Tax Revenue Estimation.

First US Census in 1790 by Federal Marshals.

Ancient Egypt & Greece(Predating 1500BCE).Applications of Data Analytics can be found throughout world history:.If the data is available, analytics/analysis can be performedĪpplications/Uses of Data Analytics include:.Application of Data Analytics are endless….Whether you realize it or not, everyone uses data analytics in some way.Data Analytics is the process of inspecting, cleaningand molding data with the end goal of reporting useful information that is not readily accessible, supporting decision making and suggesting conclusions based upon factual evidence.Data Analytics: Pursuing Analysis in the Present DayOctober 18, 2012James Overman