Accounting Information Systems 1st Edition by Vernon Richardson,Chengyee Chang ,Rod Smith

Exercise 4

(CMA adapted) As chief executive auditor, Mallory Williams heads the internal audit group of a manufacturing company in southern Texas. She would like to purchase a CATT tool to assist her group in conducting internal audit functions. As an intern, you are asked to evaluate and prepare a report describing the audit purpose facilitated and the procedural steps followed for the following CATTs:
• Generalized audit software.
• Integrated test facility.
• Flowcharting (such as Microsoft Visio).
• Parallel simulation and modeling.