Cultivating clients for life requires quality, innovation, talent and relevance. Our solutions have helped top accounting firms improve risk identification, identify fraud and deliver more value. Our goal is to empower our clients to use technology in creative ways to gain insights and make data-driven decisions. Working with your clients solve tough challenges and uncover risks they weren’t aware of will help you keep them for life.
Top Accounting & Advisory Firms Trust CaseWare IDEA®
Centralized approach to capturing and analyzing data
Increased understanding of the client’s operations and risks
Improved fraud detection by comparing data from different systems
Increased communication with stakeholders, management and regulatory entities
Streamlined processes to analyze data faster and deliver detailed results in a cost-effective manner
With IDEA, you can easily import and blend data from almost any source to analyze 100% of transactions, report findings using visualization tools and automate repeatable processes without programming.
Analyze 100% of data in varying formats including PDFs
Dig deeper into areas of interest, identify outliers and mitigate risk
Perform tests using specific criteria to deliver valuable insights
Why External Auditors Trust CaseWare IDEA for Their Audit Engagements
Simplify Financial Statement Audits
5 Ways IDEA Is Empowering External Auditors
Discover Your Client Data: Quickly identify high-risk areas, trends and outliers to save hours of effort and create a starting point for audit planning and risk assessments.
Maintain Database Integrity: Read-only access means the client’s production database is never jeopardized, and data analysis is accurate and timely.
Integrate with Accounting Packages and CaseWare Working Papers: Increase the quality and consistency of every engagement by obtaining data from upwards of 90 accounting packages and standardize data into a single output that is compatible with CaseWare Working Papers.
Capture & Document Your Steps: Your entire audit or investigation process is documented in graphical form via an interactive audit trail with drill-down capabilities including all actions performed within a Working Folder.
Bring Your Results to Life: Use the built-in data visualization tools to share your results with clients and stakeholders.
By blending financial data together from different systems, you gain a holistic view of what is transpiring within the organization. Our data analytics solutions help you analyze the entire data population to assure stakeholders that financial statements are accurate and complete.
Identify high-risk accounts by testing accounts receivable, accounts payable, inventory, fixed assets, clearing accounts and other liabilities using the Financial App – a suite of 55+ pre-developed tests and routines.
Accruals-based on estimates can be easily manipulated. IDEA can be used to identify potentially improper activity in the accruals section of the balance sheet.
Transaction-Level Analysis of Expenses. IDEA simplifies the identification of improper activity in the expense section of the income statement including timing differences, omitting expenses and spreading costs related to improper activity across multiple expense accounts that may indicate fraud schemes.
Identify Irregularities: Apply digital analysis in multiple ways to examine irregularities or abnormalities in transactions and use built-in Benford’s Law tests to identify potential fraud and errors within massive amounts of data
Revenue-Based Analytics: Identify improper activity in the revenue section of the income statement
Financial State Analytics: Identify potentially improper activity at the financial statement level
Trend Analysis: Identify unusual movements near the end of a quarter or year which could indicate early recognition of revenue or postponement of costs, and in correlating accounts that should be positively or negatively correlated