CaseWare AuditAdvanced The Next Generation of Audit. Shorter, Faster, Risk-focussed Audits with CaseWare

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1 CaseWare AuditAdvanced The Next Generation of Audit Shorter, Faster, Risk-focussed Audits with CaseWare

2 How to Raise Recovery Rates With changing audit thresholds and an increasingly competitive audit market, firms have to find new ways to retain clients and deliver a consistent, profitable service; what are your greatest challenges? How do I speed up audits so that I can take on more clients? How can I ensure the highest level of compliance? How can I manage audits more efficiently when we have team members off-site? Before CaseWare we had an outdated paper-based system that had become too burdensome and inefficient. Accounts preparation with auditing in one tool is a tremendous advantage and the ability to go paperless can revolutionise a firm s operations. Kelly Whitehouse, Audit Partner, Peters Elworthy & Moore How do I keep the latest client information at my fingertips at all times? Produce shorter, faster, risk-focussed audits with CaseWare AuditAdvanced Specialist Templates Audit SmartSync Working Papers Review on the Go Collaborate Corporation Tax Accounts Production The next generation of audit software, CaseWare AuditAdvanced is the most powerful audit solution on the market. Designed with true flexibility and unparalleled automation, with CaseWare AuditAdvanced audit optimiser cuts out unnecessary checklists and work programmes, ensuring the minimum amount of work to achieve the maximum result. Using the power of the cloud, CaseWare SmartSync, CaseWare Collaborate and CaseWare Review on the Go integrate with CaseWare AuditAdvanced and empower audit teams to collaborate more efficiently; whether at a client site, on the train or in the office. The result? The audit process speeds up while maintaining tight control of compliance and accuracy. All team members have access to the latest client information and can collaborate instantly on engagement files, even when off site. Fully ISA-Compliant Mercia & HAT opt-in methodology CaseWare SmartSync compatible Unrivalled automation for risk handling, sampling & more Integrates with CaseWare Accounts Production & CaseWare Corporation Tax

3 CaseWare AuditAdvanced Powerful Automation that Raises Efficiency and Saves Time Plan and conduct audits faster with a bird s eye view of the entire engagement and control over sign-off and completion of all stages. Seamless integration with Accounts Production providing a full view of the accounts. Import trial balances and transactions from any number of Accounts Production solutions. Roll forward previous year s working papers, tailored audit programmes and risk assessments. Plan work programmes quickly according to the client s own specific risks. Auto-completion of risks. Automated sampling. Automated management letters. The Rigorous Risk-Centred Approach Build your work programmes around your identified risks with clear links between risk and procedures. Risk-driven, auto-triggered procedures. Track risk-handling from inception to conclusion. Have a clear view of the full audit trail. Review progress of engagements more quickly and accurately. Raise and resolve issues simply.

4 Flexible Audit Methodology for Accuracy and Speed CaseWare AuditAdvanced follows an opt-in Mercia or HAT methodology designed to speed up your work programme planning and the audit process. Electronic Document Management With CaseWare s integrated electronic document management there is no need for separate systems. Scan and store working papers and related documentation in any electronic format in one file. Seamless integration with CaseWare Accounts Production and Corporation Tax. Valuable back-up to paper files. All relevant documentation is in one place and accessible when away from the office. Fast access to client information. View, exchange and store client documents and information via CaseWare Collaborate, CaseWare s client portal. Effective Integration Gives You the Full Picture Unlike many other solutions, CaseWare s integration between Accounts Production, AuditAdvanced and Corporation Tax is truly dynamic. One shared trial balance enabling any changes made to be instantly reflected throughout the accounts, audit and corporation tax modules. Easily interrogate the underlying accounts line-by-line. Share client information, audit files and new information via CaseWare SmartSync and CaseWare Collaborate.

5 Collaborate & Work from Anywhere COLLABORATE REVIEW ON THE GO Combine CaseWare AuditAdvanced with CaseWare SmartSync and achieve unrivalled audit efficiency with team members working on the same file concurrently, whether they are in the office, with your client or on the road. Dynamic cloud synchronisation automatically updates changes to client files centrally enabling all members of the audit team to be working on the latest version of the file. No permanent web link is necessary - work offline and the changes are uploaded when a link becomes available, enabling you to work even when the internet is not available. Fast transfer of information as only the changes are updated, not the full file. Copy 1 Copy 3 Copy 2 Data synchronised via the cloud is encrypted, transferred and held on your server for maximum client data security.

6 Apply Power to your Client Communications with CaseWare Collaborate Much more than a client portal, CaseWare Collaborate empowers practices to work together more effectively from any location, to manage client communications and data more securely and to analyse and track engagement and practice data. Client portal with document management functionality and intuitive filing, enabling the easy and above-all, secure, sharing of all engagement files and data in one location. Social networking-style apps manage and store all activities, communications and files in one online engagement file. Secure messaging CaseWare Collaborate s secure messaging system creates a secure environment for auditors and clients to work on sensitive data eliminating the security worry of . Review on the Go CaseWare Review on the Go is the revolutionary answer to managing audit engagements when you are out of the office enabling you to complete engagements faster. Review, access files, respond to issues and complete sign-offs via any internet-enabled device such as tablets or mobiles meaning you have the information you need at your fingertips, whether on a train or at a client site.

7 Discover more about CaseWare AuditAdvanced Find out how CaseWare can help take your practice to the next level with a free, no obligation demonstration. Call us on Online +44(0) quoting AAD1 sales@caseware.co.uk CaseWare UK Ltd County Gate 2 Staceys Street Maidstone ME14 1ST