Identify key elements of building an effective caatt system

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Reference no: EM131960350

Discussion 1: Automated Auditing

• CAATTs can be helpful when dealing with immense amounts of data. However, developing a CAATT system can be time consuming. Argue for or against the use of CAATT systems.

• Identify the key elements of building an effective CAATT system. Elaborate on two challenges faced when designing an effective CAATT system, and suggest possible solutions to these problems.

Discussion 2: Audit Project Control

• Compare and contrast an IT Audit project with other projects which might be found in an IT department. Describe two challenges that are unique to IT Audit projects. Suggest an approach to mitigate each challenge you selected.

• Based on the challenges identified, describe the controls that the project manager would need to implement in order to overcome potential project control issues.

Reference no: EM131960350

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