Introducing Caseware Audit - Market Release (v.2.1622.0)

Caseware Audit is a comprehensive, cloud-based app that dynamically integrates intelligent content, leveraging risk identification and assessment to enhance audit execution.

Through streamlined communication, automated operations and efficient and secure collaboration, Caseware Audit simplifies the process of performing audit engagements while enriching the auditor’s experience.

Here are some key platform capabilities available in the Caseware Audit market release.

• Automated financial statements

  Reduce completion time with numerous sample disclosures that include relevant requirements. Information you need to reuse in multiple areas can be entered once, then it flows through the entire engagement in real time.

• Real-time collaboration

  Collaborate with your clients using our built-in query system and complete requests within the client portal to create a more secure, efficient communication process. Engagement information is recorded, tracked and stored in a user-friendly environment.

• Review tools

  Access review tools for checklists and financial statements, including built-in analytics and alerts. Then run diagnostics within engagements and highlight pending issues to ensure you don’t miss anything, including non-optimal answers and modified responses after sign-offs.

• Risk and controls functionality

  Manage and modify all your identified risks and controls in the easy-to-use risk report and control report documents. Select from a list of common risks in the Risk Library, then add them to your engagement with a single click.

• GIFI schedule forms

  Efficiently export balances and financial statement notes using preset GIFI schedule forms. Exported data uses a standardized format that is compatible with most tax vendors.