CAATS it if you can

The introduction of new software has enabled anyone interested in doing data analysis to use computer-assisted auditing techniques (CAATs). CAATs have been used before, but only by accountants, for gathering data for audit purposes. The introduction of new software packages designed for CAAT purposes has enabled non-accountants to have quick access to processed data for analyzing marketing trends and sales shifts. These new tools have a wide range of applications and offers great benefits to anyone needing timely information.