CPA.com and CaseWare Partner for Compilation and Review Engagement Solution

CPA.com and CaseWare International Inc. today announced the commercial launch of OnPoint PCR, a smart, cloud-based solution that transforms how CPA firms conduct preparation, compilation, and review engagements.

By integrating content and methodology into a leading technology platform, OnPoint PCR offers a unique opportunity for firms to enhance engagement quality and be more productive. The solution – a collaboration of CPA.com, CaseWare and the American Institute of CPAs – offers a guided, smart process for practitioners, from drafting a customized engagement letter and report (where applicable) to documenting specific procedures, all designed to streamline engagements.

Today, more than 19,000 U.S. firms perform preparation, compilation, and review engagements as their highest level of service.

“With OnPoint PCR, we can really help firms drive efficiency and add client value,” Erik Asgeirsson, president and CEO of CPA.com, said at AICPA ENGAGE. “The platform helps practitioners optimize engagements for each client, and these features will become even more powerful as OnPoint’s artificial intelligence capabilities evolve.”

OnPoint’s features include:

Guided engagements – The smart, interactive process eliminates unnecessary steps and facilitates compliance with standards
Integrated data – Simplifies data management and the import of client data, and reduces redundant data entry
Robust cloud platform – Real-time updates to data and built-in collaboration tools that eliminate the need for external programs, such as less-secure email

“A solution that includes intelligent checklists informed by AICPA technical guidance will help practitioners focus on adherence to standards and the firm’s quality control process,” said Susan Coffey, CPA, CGMA, the AICPA’s executive vice president of public practice. “CPAs still must exercise professional judgment, and OnPoint supports proper documentation and promotes consistency and quality in engagements.”

CPA.com will be demonstrating OnPoint PCR’s features at its booth in the exhibit hall throughout AICPA ENGAGE, which runs through June 14. There will also be a demo at 6 p.m. PDT on Wednesday, June 13, at the event’s TECH Zone.

“Technology offers great potential in attest services, but it’s only part of the equation,” said Dwight Wainman, CEO of CaseWare. “Our collaboration with CPA.com and the AICPA gives us greater visibility into CPA firms’ needs, plus the critical content and methodology these firms rely on. Together, we believe we can really bring positive change to this practice area.”

For pricing information and other details, please visit CPA.com/OnPoint.