CCH audit software significantly increases productivity for MustaphaRaj Chartered Accountants

The benefit of automated audit technology

Audit teams that trust the latest technology offerings perform better. CCH ProSystem fx Engagement is an industry-leading audit and workflow tool designed to transform the audit process. The software is an electronic work paper management tool for external auditors. It streamlines the review bottleneck experienced during traditional manual audit reviews. Converting paper to a secure and highly mobile digital file and work paper means workflows can be automated, facilitating the review and collaboration of audits between clients, auditors and reviewers. Enabling a 100% transparent auditable workflow also helps to minimise errors and reduce risk.

The digital file and automated workflows that link the audit team and reviewers are transforming the audit process. CCH ProSystem fx Engagement software can be accessed from anywhere and deliver an ‘on the go’ approach to audit reviews.

Setting new benchmarks for audit quality

When considering the most significant benefit of CCH ProSystem fx Engagement software, Ralph is clear – removing the large volume of paper from the review system has substantial environmental benefits. It’s important to the firm. He also believes the latest quality benchmarks the audit team can achieve are linked to the quality and mobility benefits of the CCH software.

“An audit has a very stringent process for areas where an auditor needs to focus on. We have learnt our audit team can be more adept at the types of questions they need to ask clients if they remain focused on the audit and not on finding answers in spreadsheets or physically locating work papers from different files,” he said.

For MustaphaRaj Chartered Accountants, CCH ProSystem fx Engagement software provides a clear and concise automated process. Accessing the file from any location at any time is also proving beneficial for the audit team, who are responsible for auditing companies of all sizes.

“CCH ProSystem fx Engagement is a digital audit tool allowing us to set new discovery benchmarks. I no longer have to wait until a team member returns from a field audit to assess what we also need to ask the client. The audit team now can ask those questions and for our audit reviewers to support our team members in real-time,” Ralph outlined.

The key benefit for MustaphaRaj Chartered Accountants is that team members and reviewers can access the same file simultaneously from any location. This has innovated how they can provide feedback internally and to their clients in real-time.