Automate audits via audit tools or even MS Excel. e.g. data extraction, queries and stratification, statistical analysis, cross-matching, and many more.

A CAAT is a Computer Assisted Audit Technique or sometimes known as a Computer Automated Audit Technique.

It is an automated extraction tool that is often used by auditors, operational risk managers, investigators, security, and IT staff and it analyzes data in many ways and allows extraction, sampling, and manipulation of data in order to identify errors, problems, specific issues, and trends. Important to know is that extraction means that you do not breach the original data, which makes this tooling perfect for the audience mentioned above.