Audit Brochure-2008.qxd - Caseware International Inc.

C A S E W A R E A U D I TCombined with CaseWare® Working Papers, Audit is a powerful and efficient "out-of-the-box" solution for completing audit engagements. This templateallows you to propel through external audits smarter and faster than ever before. Proven to streamline the audit process, Audit is a best-of-breedsolution, empowering your team with unparalleled efficiency.Audit comes with many suggested forms, which you can easily customize or add toyour own internal forms. Out of the box, you will discover the following powerfulcomponents:• Risk Analysis Worksheets• Risk Identification and Tracking• Audit PlansAN INTERNATIONAL APPROACH• Audit Programs• Audit Checklists• Other FormsAudit can be customized for your specific audit methodology, risk analysis, workprogram procedures, and workflow content, while still complying with yourjurisdiction's audit requirements.STREAMLINE THE AUDIT PROCESS WITH FIRMCUSTOMIZATIONAudit allows you to standardize and manage the auditing process, increasingcontrol, efficiency, and accuracy. Standardization enables you to implement the levelof control needed for the planning, performing, and completion of engagements.Through the use of Knowledge Libraries, Audit allows for content management onan international, country, and firm level. This unique architecture allows for acentralized global approach to audit engagements.MANAGE RISKS WITH EASERecord, track, and summarize risks with the risk register, a powerful centralized risktracking system. Flexible risk options allow you to define various attributes at riskand display these attributes in various risk reports for individual engagements.Identify risks throughout the audit in any CaseView document and record them inone central location in each client file. Using the Risk Report, all identified risks canbe filtered and sorted in customizable views, giving a clear overview of all identifiedrisks and how they have been specifically addressed in the audit. These risks areautomatically transferred to specific risk documents and can be copied to otherselected audit documents.Customize work program and checklist procedures, create specialized responses tosign off work programs and checklists, and define assertions and global risk types.By assigning trial balances to a firm-customized mapping structure, you canautomatically generate pre-defined leadsheets and analysis documents.MEET IFAC STANDARDS WITH CONFIDENCEAudit comes with ready-to-use IFAC-based auditing content, without requiringadditional customization. The audit approach is completely risk based to meetcurrent auditing standards. Content updates will be available periodically.IMPLEMENT MULTI-LEVEL CONTENT AUTHORINGAdd, modify, or delete content in order to create an international audit methodologythat can be customized to local requirements.This risk-based audit approach is implemented throughout the audit process andintegrated in checklists, audit plans, and work programs.