Describe how you would carry out your audit procedures using the following computer assisted audit techniques (CAATs) Parallel simulation

CPA-Quantitative-Analysis-Section-4 BLOCK RELEASE

Parallel simulation
In which actual client data is processed using a copy of the client‘s software and is under the control of the auditor. The data processed on the auditor‘s copy of the software is compared to the data previously processed the client to ensure that the processing is identical. This procedure provides evidence as to the effectiveness of design of programmed control procedures as well as aspects of the effectiveness of operation.

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