Audit tech update: Wolters Kluwer and Engine B

Audit tech update: Wolters Kluwer and Engine B

Monthly updates on the standout developments in the audit tech space

Audit tech update: Wolters Kluwer and Engine B

On March 19, Wolters Kluwer Tax & Accounting UK announced that their CCH Audit Automation software is now fully integrated into the CCH Central Suite and can now utilise the power of the company’s Open Integration solution.

Alongside this, live trial balance data from a client’s cloud bookkeeping package can be used to populate relevant areas of the working papers file, supporting both audit and non-audit engagements.

As Open Integration is a two-way synchronisation, adjusting journals can also be sent back to the underlying bookkeeping system without manual intervention by the client or their bookkeeper.

Meanwhile on March 30, audit tech vendor Engine B will be showcasing its Audit Common Data Model and Knowledge Graphs at a live event.

Engine B will explain how updates to the two solutions work together to provide audit firms of all sizes with one source of client data that can be used to improve audit quality, speed up the audit process, uncover hidden risks and make faster, more intelligent context-driven decisions.

 

Resources & Whitepapers

Why Professional Services Firms Should Ditch Folders and Embrace Metadata

Professional Services Why Professional Services Firms Should Ditch Folders and Embrace Metadata

7m

Why Professional Services Firms Should Ditch Folde...

In the past decade, the professional services industry has transformed significantly. Digital disruptions, increased competition, and changing market ...

View resource
2 Vital keys to Remaining Competitive for Professional Services Firms

2 Vital keys to Remaining Competitive for Professional Services Firms

11m

2 Vital keys to Remaining Competitive for Professi...

In recent months, professional services firms are facing more pressure than ever to deliver value to clients. Often, clients look at the firms own inf...

View resource
Turn Accounts Payable into a value-engine

Accounting Firms Turn Accounts Payable into a value-engine

6m

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
Digital Links: A guide to MTD in 2021

Making Tax Digital Digital Links: A guide to MTD in 2021

7m

Digital Links: A guide to MTD in 2021

The first phase of Making Tax Digital (MTD) saw the requirement for the digital submission of the VAT Return using compliant software. That’s now behi...

View resource