Overview

Add analytics to your engagement workflow

With more transactions happening online, you now have more data to comb through, more anomalies to identify and a wide range of trends and patterns to analyze. This means you need to make a shift toward incorporating analytics into assurance engagements to deliver high-quality audits with improved efficiency. Caseware IDEA, our leading global audit analytics software, seamlessly integrates with Caseware Working Papers and Caseware Cloud to offer a one-stop, easy-to-use, data-driven approach for external auditors, accountants and data analysts.

Features

Import data from multiple sources quickly and easily

Caseware Cloud Import makes it possible to import financial data from more than 90 accounting packages with no effort. Also import data into Caseware IDEA from multiple ERPs and databases using formats like Excel, Adobe PDF and others.

Accelerate your risk-based auditing with intelligent analytics

Caseware IDEA includes SmartAnalyzer, which features pre-built workflows and more than 100 analytical tests. Leverage a suite of financial audit tests to quickly identify out-of-balance journal entries, transactions, duplicate invoices and large inventory amounts.

Leverage pre-built tests to analyze all your data

Caseware IDEA includes popular tests like Benford’s Law, Fuzzy Duplicate, Gap Detections and more. Dig deeper into your client’s data with the advanced analytics offered in the IDEA Lab to maximize audit efficiency.

Utilize powerful visualization capabilities for impactful reporting

Use Discover and Visualize functionality to quickly comb through data with customized dashboards and visualization functions. IDEA seamlessly integrates with applications like PowerBI, Tableau and Excel for easier data analysis and decision-making.

Enhance your collaboration with Caseware Cloud capabilities

Securely access Caseware Cloud to view and store data from anywhere in the world. Caseware Cloud also makes it simple to share data with users, clients and other stakeholders in a secure environment.

Benefits

Enhance audit quality

Deliver fact-based insights by leveraging advanced analytics and sophisticated data visualization and reporting capabilities, while automating workflows with ease.

Save time and money

Reduce the complexity and time of audit procedures with minimal user training and by leveraging SmartAnalyzer’s built-in workflows and more than 100 automated tests.

Manage compliance needs

Ensure consistency across engagements as everyone in your firm runs the same sets of analytics in accordance with your methodology.

Unlock hybrid capabilities

Leverage additional benefits of working within the Caseware ecosystem, such as deeper insights from practice-wide data and improved client and team collaboration.

Explore new service offerings

Complement your client service solutions by including data analytics in your engagements, providing valuable data-driven insights to customers.

Record every step

Caseware IDEA builds a clear audit trail that allows for repeatable analysis and audit evidence, providing a highly accurate and reliable record.