Different Methods of Audit Testing

In my previous articles, I've illustrated about the importance and key objectives of audit testing in software quality assurance. Links are below for your references:

Now let's look into different methods of audit testing which would educate QA team with productive data to get judgement about product's or process's efficiency and risk management.

Inquiry

Inquiry audit testing ensures that the firm can prevent risks by inquiring about business procedures and the proper documentation of?financial transactions.

Observation

Observation is a technique used to verify software controls during audits where client's data and storage are strictly verified.

Examination or Inspection of Evidence

Examination or inspection is used to assess if manual controls of software are regularly implemented and accurately recorded that assesses certain characteristics of policies and processes to confirm the use of control measures of software.

Re-performance

Re-performance is utilized when the investigation, observation, physical examination, and inspection have fallen short of supplying the necessary assurances that control is running properly

Computer Assisted Audit Technique (CAAT)

The CAAT is used to assess vast amounts of data or a portion of assembled data where specialized tools are used to run across the system or database to find the anomalies, patterns and errors which need to be fixed or avoided.

These are the common methods used by auditors to do testing in software quality assurance. I hope this article would have been insightful. Thank You!