Data Selection Session 9.

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Presentation transcript:

Data Selection Session 9

Data Selection – Considerations CAAT clearly related to audit objective Avoid collecting too much or irrelevant data More selective approach for financial and compliance audits For performance/ investigative audits, data mining may be required Choose data in form closest to original transactions

Considerations (Contd.) For RDBMS systems, several data tables need to be selected to collectively meet auditor’s requirements Thorough understanding of auditee data required from business perspective System documentation Discussions with auditee staff Earlier system reviews by auditors