- #CASEWARE IDEA SOFTWARE DISTINGUISHING FEATURES UPDATE#
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- #CASEWARE IDEA SOFTWARE DISTINGUISHING FEATURES OFFLINE#
However, the file structure is easy to navigate.
#CASEWARE IDEA SOFTWARE DISTINGUISHING FEATURES UPDATE#
there is no automatic update process for these documents). The one drawback is that changes to these checklists and practice aids must be managed manually (e.g. These documents are attached to the engagement file each year. Users of Working Papers can use any engagement checklist or practice aid preferred users are not limited to any particular methodology. In both of the above instances, the user can override the default settings and manually select the final version of a document. With each team member using their own computer instead of a central server copy, processing is very quick as compared to centralized solutions.
#CASEWARE IDEA SOFTWARE DISTINGUISHING FEATURES OFFLINE#
SmartSync automatically syncs all changes among online copies of the client file in the background, keeping all team members up to date and allowing them to work continuously, while also allowing team members to work offline until they are able to connect online. Working Papers is designed for multi-user engagements, and there are two separate ways the system manages the multi-user environment to prevent data conflicts: (1) SmartSync, an automatic sync of all engagement data, which for documents retains multiple versions of each document (2) Traditional “Check-in” and “Check Out,” which allows users to check out different sections of the engagement file and the user selects which changes are retained (the database file is normally saved on a server in this instance). Users are notified when changes to reviewed workpapers occur as well as when lockdown compliance rules are about to take effect. Working Papers allows access to a budget template, but the budget template does not capture time automatically to compare budgets to actual results. A summary view for each user easily manages the individual or team workload to make sure the engagement is right on track. Users and engagement managers can easily manage open items and create, clear, and delete review notes and tickmarks.
The software works with a number of external document management systems such as Interwoven Workspace and Doc-IT DM, and the vendor is developing a proprietary document management system as of the time of this review. The basic file structure is very similar to most websites and allows for multiple views of the files based on the user’s preference. The engagement manager can limit and restrict access to each engagement file on a granular level. and International accounting guidance.Įach file is secured with unique user names and passwords. CaseWare also offers an additional service that allows the integration of U.S. In addition to setting up templates for each type of engagement, Working Papers allows for customized financial analytics and detail analysis of the progress of each engagement. Users are able to set up their engagement files to import from clients into a standard mapping that allows for significant engagement efficiency year after year. All financial statement components can also be tagged with XBRL.įinancial data in the program can also be easily exported into Microsoft Excel and CSV formats.
#CASEWARE IDEA SOFTWARE DISTINGUISHING FEATURES TRIAL#
In addition to different bases of accounting, the product also allows for consolidations of multiple trial balances and funds.įinancial statements and footnotes can be created using the following: Strengths
When the user sets up the engagement, an accounting basis option allows them to choose the basis of accounting that fits the engagement. The trial balance and write-up features allow users to create financial statements in different basis of accounting (cash, accrual, governmental, etc.) with relative ease. Like with other engagement applications, users will feel very comfortable performing routine tasks after just a short time. The CaseWare Working Papers product is fairly easy to navigate, with standard icon and menu list options throughout the product.