Man and Woman Professional in Singapore
Tax & AccountingJune 01, 2023

Audit software buyer’s guide

Choosing the right audit solution is critical to gaining a competitive edge now and into the future.

Technology has emerged as a crucial enabler for success in many industries, as they strive to protect themselves from potential disruptors, gain a competitive advantage and drive sustainable growth in the ever-changing and dynamic marketplace of today.

For the audit industry, audit management software has been an essential tool for firms of all sizes, helping them to streamline their processes, improve productivity and efficiency, and ensure compliance with relevant standards and regulations such as International Standard on Quality Management (ISQM) 1 and International Standard on Auditing (ISA) 315. In this context, ensuring your audit software can be scalable, flexible, and enable a paperless workflow is a critical consideration that can make all the difference in choosing the right software for your needs.

Whether you’re a small practice or medium to large audit firm, selecting the right audit management software is essential to remaining competitive and meeting the needs of your clients.

As firms look to leverage the Singapore Government software grant (Accountancy Industry Digital Plan), this Buyer’s Guide aims to help support purchasing decisions as firms consider which audit software is the better fit.

Key benefits audit software can deliver:

  1. Huge time savings through greater efficiencies – translating to improved profitability per engagement
  2. Improved audit quality, supporting your system of quality management (SOQM) and ISQM1 compliance
  3. Improved staff engagement and morale

Download our complimentary guide today to learn more.

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CCH ProSystem fx Engagement
Learn more about our audit solution which incorporates the ISCA Audit Manual for Practitioners and Illustrative Audit Working Papers
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