Like any disease, it is much better to prevent the onset of it than to have the cure. Let us face it. Having the cure can cost a lot of money. The same goes with frauds. If frauds are detected at an early stage, it saves the business from a big loss of profit and even bankruptcy. As an auditor, one must know the key areas in accounting and auditing that are vulnerable to any type of fraud or mistakes. An  audit software  can help the auditor with that, and in eventuality, saves time and money. The auditor can then prepare his polished report that would be handed down to the departments and to his boss’ desk.