Non-Authoritative Support Materials: Using Automated Tools & Techniques in Performing Audit Procedures
The publication assists auditors in understanding whether a procedure involving automated tools and techniques may be both a risk assessment procedure and a further audit procedure. It also provides specific considerations when using automated tools and techniques in performing substantive analytical procedures in accordance with International Standard on Auditing 520, Analytical Procedures.
This publication does not amend or override the ISAs, the texts of which alone are authoritative. Reading the publication is not a substitute for reading the ISAs.
Copyright © 2022 The International Federation of Accountants (IFAC). All rights reserved.
Related Resources
- 2018 Handbook of International Quality Control, Auditing, Review, Other Assurance, and Related Services Pronouncements
- Disruptive Technologies Roundtable Summary
- ISA 220 (Revised): Definition of an Engagement Team Fact sheet
- ISA 220 First-time Implementation Guide
- Non-Authoritative Guidance: The Fraud Lens – Interactions Between ISA 240 and Other ISAs
