Auditors Often Use Generalized Audit Software During Their Testing of a Client's

question 76

Essay

Auditors often use Generalized Audit Software during their testing of a client's internal controls. For the following uses of the software provide a description and an example.
Verify extensions and footings
Print confirmation requests
Compare data on separate files

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Definitions:

Cohorts

Groups of people who share a common characteristic or experience within a defined period.

Decades

Periods of ten years.

Continuous

Uninterrupted in time, sequence, substance, or extent; without cessation or gaps.

Discontinuous

Characterized by interruptions or gaps, not having a steady or unbroken progression.