Property Revaluation: Revaluation Reserve Treatment After Disposal

CaseWareAccounting Standards, Carmen Ridley, CaseWare News, Financial Reporting, opinion

Revalutaion Property Q&A

From Carmen Ridley, (CaseWare Financial Reporting content expert, AASB member & Principal – Australian Financial Reporting Solutions) an interesting client query and her answer. Q: My client has sold a property that was previously held under the revaluation model – what should I do with the revaluation reserve in relation to that property now that the property has been disposed? … Read More

I’m #AuditorProud! Happy #AuditorProud Day Everyone!

CaseWareAuditing, CaseWare News, Customer Service, Industry News

I’m celebrating it in Toronto this year, while attending the 2019 CaseWare International Distributor Conference. It has been a fantastic week so far – we’ve seen lots of exciting product and platform developments, shared experiences and knowledge with other distributors from across the globe, and met a lot of people in person that we normally liaise with online! I was … Read More

Which CaseWare Audit roll forward process is the best solution for me?

CaseWareAUASB, Auditing, Auditing Standards, CaseWare News, Tim's Tips of the Month

A ‘word to the wise’ from Tim Lew, CaseWare Australia & New Zealand Audit Development Manager. Not sure how best to roll forward your CaseWare Audit files? You’ve got 2 options! Ok! It’s the end of the Audit Season. Or maybe the beginning of the new audit season and you need to roll forward your engagement file to the new … Read More

Mapping Leadsheets in an Audit Only file – CaseWare Best Practice

CaseWareAuditing, Automation, Technical Support, Tim's Tips of the Month

Why you should never map to Leadsheets in an Audit Only file (Written by Tim Lew, Audit Product Manager, CaseWare Australia & New Zealand) The mapping process in Audit System has been built to setup the engagement file’s documentation, calculations, and many automated determinations. This is why it is important to always map to map numbers and never directly to … Read More

Gather & Prepare Data for Data Analytics in 7 Steps

CaseWareAnalytics, Auditing, CaseWare News, Industry News, Technology

Analytics in an audit

7 Steps to Data Acquisition for an Audit or Analysis (Written by David Stansell, Customer Service Manager of CaseWare Australia & New Zealand from information contained in “Analytics for External Auditors” – a publication with detailed information and guidance specifically for external auditors, available for sale.) Within an External or Internal Audit engagement, knowing where, how, and what to look … Read More

The Use of Data Analytics in Audit in Australia

CaseWareAnalytics, Auditing, CaseWare News

Are External Auditors Using Data Analytics Tools in Their Audits? Data Analytics has been a topic for accountants and auditors for quite a number of years now. We were curious as to what the state of play in regard to external auditors and their use of data analytics as part of their audit service actually is. So we asked. During … Read More

Invest in the skills of your staff to keep them engaged

CaseWareCaseWare News

Invest in your teams skills to keep them engaged

“94% of employees say they would stay at a company longer if it invested in their learning and development.” No real surprise in this finding, recently published in the LinkedIn Learning 2019 Workplace Learning Report. Employees derive great satisfaction from being usefully engaged, solving problems and creating tangible outcomes for their company. Acquiring new knowledge and skills enables this ‘cycle … Read More

American Institute chooses CaseWare Cloud platform for multi-million dollar project to change the future of Audit

CaseWareAccounting Standards, Auditing, Auditing Standards, Automation, Industry News, Technology

AICPA – Determined that the smaller auditor not be ‘outgunned’ by the Big 4 The American Institute of CPAs are moving forward with a multi-year initiative to create a new, innovative process for auditing using the latest technology. Determined not to be outgunned by the technology investments of the Big 4, and with 40% of The AICPA’s major firms Group … Read More