The rapid evolution of technology continues to push audit firms to deliver unprecedented efficiency gains along with the highest quality audits. This movement, termed Auditing of the Future, is what leading firms strive to achieve — with the understanding that technology spurs quality.
At the center of a future-ready firm is the right technology — technology that supports efficient workflows and improves accuracy. The audit process is one of the most complex services offered by firms; and with complexity, comes challenges. Leveraging technology, such as Wolters Kluwer, can help alleviate some common challenges brought on by the multiple phases of the audit process.
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Standardize, Optimize and Automate Your Audit
Discover the power of an end-to-end workflow solution for every type of engagement.
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Connecting people and process through technology
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Pre client engagement
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Client engagement
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Post client engagement
CCH Axcess™ Workflow for Audit provides visibility into the number of audits to be scheduled, offers control of staff/resource scheduling, and supports on-the-fly process coordination when there is a change in scope of work.
An easy and quick first step for audit planning, setup and roll forward of engagements is CCH Axcess™ Engagement Pro, a workpaper management and trial balance solution that saves firms of all sizes time, money, and helps then protect their reputation.
CCH Axcess Workflow for Audit streamlines processes by providing visibility across roles, ensuring audits stay on time and under budget.
Then CCH Axcess™ Knowledge Coach tailors each audit to the engagement's unique circumstances, suggests procedures, increases the quality of the audit, helps ensure under or over auditing is eliminated and peer reviews are improved; while TeamMate® Analytics, a powerful Excel® add-in, makes audit data analytics easy and affordable enough for your entire audit team to use; and CCH Axcess™ Validate, fast-tracks your bank confirmations using patented technology that leverages blockchain for added security.
CCH Axcess Workflow for Audit supports the entire back-end process of a binder close by ensuring close-out of all required information, efficiently rolling over data to provide visibility on key dates and key people, and ensuring scheduling and planning are queued up for the next year.
Finalize your audit, send balances to business tax returns and provide reporting to your client using CCH Axcess Knowledge Coach and CCH Axcess Engagement Pro.
Finalize your audit, send balances to business tax returns and provide reporting to your client using CCH Axcess Knowledge Coach and CCH Axcess Engagement Pro.
Solutions to support the way you work
Project tracking
Improve productivity, maximize expertise, reduce risk and grow your firm using a full-featured project tracking solution.
Workpaper management and audit methodology
Produce higher quality audits faster, while strengthening workpaper management, avoiding wasted time and engaging staff.
Analytics for external audits
Add client value with over 150 data analytics tools for every member of your audit team, including eliminating manual tying of samples to supporting evidence.
Simplify bank confirmations
Leveraging patented blockchain technology, our speedy, simple, 3-step process eliminates pain points and adds benefits to your bank confirmation process.
End-to-end workflow for every type of engagement
Award-winning cloud software
CCH Axcess is the only complete cloud solution, allowing you to transition effortlessly from return preparation or audit work, to research, to document exchange and billing. And since it's all in one system, you don't have to worry about configuring integration points — you have complete visibility into nearly every aspect of your firm, from real-time project updates to larger workflow trends and key performance indicators.
Provide efficient, compliant audits customized for clients
Elevate audit quality today and tomorrow with on-premise and cloud-based audit software programs that transform the status quo.
With a focus on risk assessment and documentation, our financial audit management software enables you to optimize audit execution, eliminate over/under auditing, and transform the value delivered to clients.
With a focus on risk assessment and documentation, our financial audit management software enables you to optimize audit execution, eliminate over/under auditing, and transform the value delivered to clients.
Support increased productivity and firm-wide growth
More than just replacing manual processes, firm management supports clear visibility by creating a holistic view of the firm.
Rather than replacing manual processes with digital ones, your firm can build the firm of the future by embedding best practices and a better business process into the firm's culture, with strategic technology decisions as the backbone holding it all together.
Rather than replacing manual processes with digital ones, your firm can build the firm of the future by embedding best practices and a better business process into the firm's culture, with strategic technology decisions as the backbone holding it all together.
Evolve audit for your future
In today's ever-changing environment firms need nimble processes that enable easy reaction to changes in the audit, and an end-result that offers valuable insights to help clients grow their business. Don't rely on inflexible audit systems that simply repeat the same steps in every audit, resulting in noncompliance. Our audit approach supports a data-driven audit through evolution that results in a win-win for you and your clients.
More accounting resources for your digital workflows
Digital Tax Workflow
Streamline every step of the tax prep process, from obtaining client data, to preparing and reviewing returns, to delivery of the finished tax return to the client and invoicing.
CCH Axcess Knowledge Coach PCR
Streamline digital workflows for preparation, compilation and review engagements - conducted anywhere and at any time - with our cloud-based PCR software.
CCH Axcess Engagement Essentials
Instantly product accurate balances for preparing business tax returns with this cloud-based solution that provides trial balances, reports, and basic workpaper management.
CCH Axcess
Spend more time on the work that matters most to your clients and your bottom line with a seamless platform for tax, audit and firm management. Trusted by 90 of Accounting Today's Top 100 Firms.
The future of audit is here
Learn more about the resources Wolters Kluwer has to offer your firm, whether you are looking for a cloud-based solution or on-premise solution.
Recommended reading
Deep Dive Into the Strategic Goals of Today's Accounting Firms
Download the White PaperHow CCH Axcess Validate Leverages Blockchain Technology
Download the White PaperPSK, LLP Doubled its Client Base by Automating its Audit Workflow
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