CaseWare: Effective Software Solutions for Auditing

One of the silver linings to come out of the COVID-19 pandemic is that it’s shown how well financial organisations can operate with remote workers. Thanks to a combination of emerging technologies and digital accounting, Certified Public Accountants (CPA) working remotely can still deliver top-quality service for their clients. Technology trends in accounting go beyond automation too. The cloud is fast becoming a popular choice for accounting firms due to its ability to better allocate digital resources and reduce the need for physical hardware. Cloud-based service providers support accounting firms by assuming responsibility for any software updates or system integration, giving internal IT teams the time to focus on more strategic tasks. In this background CaseWareauthorised distributor for CaseWare audit, accounting and analytics products is leveraging the power of the cloud to support innovative, compliant and effective software solutions for auditors and accountants.

How it all began

CaseWare was founded in 1995 with a desire to provide Big 4 (world’s top 4 tech companies) technology providers to smaller audit firms in Australia and New Zealand. The company soon evolved into a provider of flexible project management software that integrates with everything needed to conduct assurance and reporting engagements. Today, under the capable leadership of Craig Waldon, CEO of CaseWare, the company has been an exclusive distributor for world-famous CaseWare software to support auditors, SMSF auditors, and financial reporters. Their products include audit, analytics and financial reporting.

CaseWare’s audit solutions facilitate compliant, high-quality, and efficient audits, with excellent collaboration and engagement management features. It offers both desktop and cloud solutions to suit any audit engagement. Furthermore, it purpose-built SMSF Audit solution for auditors comes with powerful workflow and productivity tools to assist their clients in conducting thorough, compliant and streamlined SMSF audits. Furthermore, the centralised file management system hosted on the cloud provides a single location to host all engagements with built-in backups, while providing security on par with large banks, so clients can trust that their data is safe within the company.

The solution portfolio does not end there. CaseWare’s financial reporting solution helps reduce the time and complications associated with the task to produce report-ready financial statements within minutes of importing the trial balance. The template includes over 30 entity types to base what the client is reporting on. CaseWare also creates customised, company approved financial statements and reports that reduce workload and promote year-on-year consistency across reporting entities and accounts. Consolidations of company accounts can also be streamlined, saving even more time and effort.

What’s more? CaseWare analytics solutions offer easy to use data analysis tools to help get the most out of data, giving the information needed to make better business decisions. From identifying operational inefficiencies to evaluating travel and entertainment expenses and looking for deliberate fraud or mistakes, CaseWare has data analytics solution suitable for every business.

Owing to these capabilities, and their contribution to audit firms amid the pandemic, CaseWare is witnessing rapid growth and acceptance in the auditing arena. The company is committed to customers’ success by helping them be more competitive, efficient, and to better manage risks with their technology solutions and great service.