Audit technology refers to the computer-aided audit tools (CAATS) that public accounting firms use to help improve the efficiency and quality of their external audits. While there is proven research and data that shows that the quality and completeness of an audit improves drastically from newer automated tools, many audit firms continue to use their out-dated programs due to their risk-averse attitudes. Audit technology has been evolving drastically in recent years, and the implementation of the technology is a heavily debated subject among auditors, but ultimately it leads to more educated professional judgement decisions.