Computer Assisted Audit Techniques Tools and Techniques (CAATTS) are gaining popularity in the audit profession.CAATs is the practice of using computers to automate the audit processes.These tools are being used to assist internal auditors when searching for irregularities in data files, helping internal accounting departments to do more detailed analysis, and helping the forensic accountant with extrapolate large amounts of data for analysis and fraud detection. CAATTS are used to automate the data analysis process

You are a member of the internal auditteam for your manufacturing company that handles hazardous materials. Your team has recently been tasked with working with the chemical specialist who identified hazardous compounds for which your company should ensure proper storage and handling procedures are in place; you are to ensure that employees are following those storage and handling procedures.

Since you will be working with the chemical specialist for development of the list of hazardous compounds, describe the process you would go through to verify that each compound is stored properly, that employees are not in danger, and that risk has been mitigated using CAATTS.Include recommendations for continuous audit steps to assure the CEO that no risks are present.

There is no minimum or maximum in terms of the word count; however, the response should explicitly address all required components of this discussion assignment. The document should be prepared consistent with the APA writing style (6thedition) and reflect higher level cognitive processing (analysis, synthesis, and or evaluation). Please provide your own work and IN-TEXT CITATION