（2005）Employing generalized audit software in the financial services sector：Challenges and opportunities.pdfVIP

The Emerald Research Register for this journal is available at The current issue and full text archive of this journal is available at /researchregister /0268-6902.htm Employing generalized audit Employing generalized audit software in the financial software services sector 605 Challenges and opportunities Roger Debreceny School of Accountancy, College of Business Administration, University of Hawai’i, Honolulu, Hawai’i, USA Sook-Leng Lee Texas Instruments Inc., Singapore, Singapore Willy Neo Deloitte and Touche, Singapore, Singapore Jocelyn Shuling Toh PricewaterhouseCoopers, Singapore, Singapore Abstract Purpose – Computer assisted audit techniques (CAATs) encompass a range of computerized techniques that internal and external auditors use to facilitate their audit objectives. One of the most important CAATs is generalized audit software (GAS), which is a class of packaged software that allows auditors to interrogate a variety of databases, application software and other sources and then conduct analyzes and audit routines on the extracted or live data. This study seeks to evaluate the nature and extent of the utilization of CAATs in financial institutions. In particular, the study