Accounting
CPA.com and CaseWare Launch Cloud-Based Audit Solution
Hosted on CaseWare Cloud, OnPoint Audit is the newest solution added to the OnPoint suite of innovative audit and assurance products, offering firms of all sizes improved capabilities and efficiencies to their workflow.
Jul. 29, 2021
CPA.com and CaseWare International launched OnPoint Audit. This comprehensive, cloud-based solution is designed to advance the audit approach, enabling CPA firms to quickly increase productivity and effectiveness. OnPoint Audit provides an efficient workflow that reduces manual data entry and redundancies and permits transparent collaboration between colleagues and their clients.
Hosted on CaseWare Cloud, OnPoint Audit is the newest solution added to the OnPoint suite of innovative audit and assurance products, offering firms of all sizes improved capabilities and efficiencies to their workflow. Among the many benefits of using the OnPoint suite, the OnPoint Audit app provides firms with:
- Intelligent content – Use guided workflows and tailored content to increase productivity, eliminate redundancy and reduce the risk of over/under auditing
- Real-time collaboration – Gain more visibility into engagement status, allowing audit teams to collaborate within the same workpaper, with access to real-time information
- Secure client requests – Auditors can securely request and receive prepared by client data, and automatically link information directly within the engagement file
- Integrated analytics – Generate sample size and select samples, perform automated journal entry testing and gather results, all without leaving the engagement file
- Automated financial statements – Produce professional, compliant financial statements in just minutes
“OnPoint Audit offers a significant improvement to the audit experience,” said CaseWare CEO David Osborne. “This new solution keeps focus on the evolutionary goal towards the data-driven audit, bringing automation and integration to new levels, all while staying aligned with existing audit methodology. Auditors can now shift their focus to the critical areas of the engagement, delivering better quality results and more value to their clients every time.”
Erik Asgeirsson, president and CEO of CPA.com, added: “OnPoint Audit delivers the latest cloud-based technology capabilities while leveraging existing firm methodologies. Every firm has its own journey to make in moving to a more evolved audit solution. It’s an exciting time for firms to add new capabilities to their practices and new insights for their clients.”
To learn more about OnPoint Audit, please visit cpa.com/onpointaudit. There are also upcoming webinars and related resources for firms that want to learn more.