Caseware: Solution Tailored to Specific Sectors
The demand for accounting firms to maximize customer value from the audit process while lowering costs has intensified. With information from significant accounting authorities, Caseware's audit solution offers a simpler method for managing and executing audits without compromising quality. Caseware auditing may greatly improve the efficiency of assurance, analysis, and reporting activities when paired with working papers. For accounting firms, corporations, and government regulators, Caseware is the premier provider of desktop and cloud-enabled solutions for audit, assurance, financial reporting, and data analytics. CaseWare provides cutting-edge solutions to over 500,000 customers in 130 countries and 16 languages, with an emphasis on effectiveness, quality, and value.
For many accounting companies, creating financial statements and reports is a crucial responsibility that has come under increased scrutiny in recent years. When financial data is kept in a variety of separate documents, spreadsheets, and working paper files, many businesses invest a substantial amount of time in making sure it is accurate, trustworthy, and supportable. Work more quickly and intelligently using Caseware Working Papers. The finest accounting working paper software on the market may improve audit and accounting engagement procedures. Better quality control, real-time collaboration, and intelligent reporting all on one single platform.
Caseware technology reduces the difficulties involved in financial reporting. Caseware’s financial reporting solutions quickly create camera-ready financial statements after one has imported the trial balance data, regardless of whether the customer has to conform with IFRS, the local GAAP, or another standard. By using simple tools and templates, one can prepare financial statements quickly and with the assurance that any adjusting journal entries they make will update all financial statement areas, including notes data, regardless of whether the customer has to conform with IFRS, the local GAAP, or another standard. By using simple tools and templates, one can prepare financial statements quickly and with the assurance that any adjusting journal entries they make will update all financial statement areas, including notes. Audicon GmbH (together with Audicon Technologies GmbH and Audicon S.R.L., collectively "Audicon"), a leading provider of software solutions and services relating to audit, risk, and compliance, has just been bought by Caseware, the world leader in SaaS for accounting, analytics, and audit. Audicon, a company with more than 25 years of experience, has offices in Cluj, Romania, as well as Düsseldorf, Stuttgart, and Germany. According to Caseware CEO David Osborne, "our acquisition of Audicon continues our path to position Caseware as the industry's performance leader in accounting software and the global partner of choice. With the acquisition of Audicon, Caseware can provide greater options within the German-speaking market and establish a stronger footprint in Europe and other foreign areas. We are constantly trying to improve the solutions we give to our clients. A win-win situation for all parties involved results from the marriage of Caseware's long history of reliability and innovation with Audicon's extensive methodological and technological experience". The solutions provided by Audicon are used by more than 90 percent of the best-selling German businesses. For more than 12 years, Audicon has assisted auditors and treasurers in the audit of duplicate annual financial statements in the field of municipal audits. More than 45,000 customs and tax auditors are now customers of Audicon software products. Practice intelligence solutions by Caseware can help one mitigate risks by detecting potential problems before they occur. Through a practice intelligence dashboard, one can look at risks across all the engagements and identify which present the biggest issues for the practice. One can even track risks over time, and if one sees the number rising consistently, one can implement better controls, such as putting more senior staff on high-risk engagements, to achieve better quality. This leads to a better client experience and enhances the customers’ trust in a team.
Caseware's all-inclusive solutions for government financial reporting, auditing, and analytics will aid in the production of the full range of compliance documents, including annual financial reports, budget books, monthly management reports, and quarterly management reports. They will also streamline workflows by automating the repetitive tasks associated with creating financial statements. As government accountants continue to work on Caseware's cloud-based and hybrid solutions, they can expect big new benefits, like the ability to work together, get deeper analytics, and more, anytime, anywhere.