Computer auditing is the tool that facilitates the business in regard to data processing while putting a special concern to some targeted operations. The tool merges or reviews the data by the programmers or the accountants and the analysts and extract the data in the summarize form. These computer auditing tools save the time, money and the frustration. These auditing tools also serve for the purpose of monitoring any individual activity, the tool automatically picks the data from the linked PC that is being used by another employee who are usually the accountants and the analysts.
The extracted and the summarize form of the data generated by the computer auditing tools will help the management for the purpose of decision making and also in keeping under veil the business secrets. What else could be more practical than using these high performance and greater efficiency tools?
Many companies' law emphasize to safeguard the assets of the business and make a strong hold among all such things. They make some rules or policies that make strong the internal environment of the business. Such tool definitely safeguards the assets and provides the complete monitor to its users.
Computer auditing tools also do the safety measuring job for your business. This tool makes the backup of the data which is stored in the auditors or the accountant’s computer. Computer memory is considered to be the volatile memory, any sort of virus can do serious damage to your company’s data which you have obtained after a long hard work. The computer auditing tools automatically gather the data from the linked up server pcs and make a backup of it on a weekly or daily basis, here the user will set the priority. Even these tools make the hard copy of the documents. It’s now become very much essential to use these computer auditing tools, these are real time saving tools and reliable too.
- Debt ratios
- Liquidity ratios
- Profitability ratios
- Asset management ratios
- Cash Flow Indicator Ratios
- Market value ratios
- Financial analysis
- Business Terms
- Financial education
- International Financial Reporting Standards (EU)
- IFRS Interpretations (EU)
- Financial software
Most WantedFinancial Terms
- Most Important Financial Ratios
- Debt-to-Equity Ratio
- Financial Leverage
- Current Ratio
- Interest Coverage Ratio (ICR)
- Solvency Ratio
- Receivable Turnover Ratio
- Return On Capital Employed (ROCE)
- Debt Service Coverage Ratio
- Accounts Payable Turnover Ratio
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