CaseWare Public Sector drastically reduces the time it takes to prepare IPSAS compliant Financial Statements
IPSAS Compliant Financial Statements
Automate IPSAS compliant financial statements with CaseWare
Preparing financial statements is no easy task: You need to comply with the latest reporting framework, create and work with massive spreadsheets to calculate the data required, then it’s reconciling and balancing, checking, pass adjusting journals, ensure that statements balance to notes, not forgetting all the formatting and page numbering that comes in at the end.
Well, that is where CaseWare comes in. CaseWare | Public Sector drastically reduces the time it takes to prepare IPSAS compliant Financial Statements. That’s because we’ve automated many of the traditional tasks associated with the preparation of financial statements, like automating all your statements including the cash flow statement, notes, accounting policies, lead schedules, adjusting journal entries, not to mention the time spent on formatting. CaseWare also automates supporting documents like lead schedules making preparation, internal review as well as review by your auditors easier. And CaseWare’s built-in validation immediately brings and discrepancies to your attention, dramatically increasing efficiency, accuracy and reducing risk.
But don’t take our word for it: CaseWare is already trusted by 80% of the top 100 auditing firms the in the world as well as more than 200 public entities to automate financial statements.
The top three benefits of CaseWare:
- Efficiency: CaseWare has a proven track record of drastically reducing the time it takes to prepare annual financial statements.
- Compliance: Our expert content partners consistently provide you with the most up-to-date disclosure for International Public Sector Accounting Standards.
- Control: CaseWare eliminates the risk of errors and inconsistencies associated with using massive spreadsheets and the built-in validation immediately brings any discrepancies to your attention. Lead sheets and overall analytical review documents are automatically updated in realtime providing you with a complete electronic audit file
CaseWare has been automating compliant financial statements for the public sector for over 10 years. Because we understand the reporting needs of this sector, our financial statement template makes the process easier, more efficient and guarantees your compliance.
Achieve automation like never before and produce intelligent, high quality financial statements with CaseWare.
CaseWare drastically reduces the time frustration spend on drafing Annual Financial Statements. We’ve automated everything that can be automated when it comes to the production of Financial Statement – even lead schedules and formatting making preparation and review by the Auditor General much easier.
CaseWare is the only solution that intelligently applies disclosure and adjusts the full set of financial statements according to your requirements. Our experts continually update the software in line with new disclosure which means that you are always assured of full compliance with IPSAS and IFRS.
To help you improve the quality and credibility of your financial statements, CaseWare eliminates the risk of errors and inconsistencies associated with using complicated spreadsheets. Built-in validation immediately brings any discrepancies to your attention. Lead sheets and overall analytical review documents are automatically updated in real-time providing you with a complete electronic audit file
Purchasing a new software solution for your business is often a big decision. To help you, we have addressed some of the most frequently questions we get about CaseWare below. If we have not addressed something you would like to know – please do not hesitate to contact us.
Do we have to map every year?
You only need to map in the first year. From year 2 CaseWare will retain the mapping and only new accounts created throughout the year will need to be mapped.
How many people can use this package?
CaseWare is licensed per named user/workstation.
If we install CaseWare on our server, can anyone use it?
CaseWare is licensed per user and installed on each desktop. You can save your CaseWare data files to a central server which can be accessed by the licensed individual’s workstation.
Are the fees once off or do I pay for it every year?
There is an annual renewal fee which includes support and compliance and functionality product enhancements. We send out updates each year as and when there are disclosure changes to make sure you are kept up to date at all times.
From which accounting systems is there a direct import from?
We can import from approximately 80 different accounting packages. The most frequently used imports are from QuickBooks, Tally Accounting, Pastel, Sage and Accpac.
If somebody leaves, do we need to buy a new license or can we use that same license?
You can use the same license as it is licensed for 12 months at a time. All you need to do is call our support team to reset the code for the new user.
Will CaseWare accommodate our country’s local legislative act?
Yes, CaseWare has incorporated every country’s specific acts and this is selected when you setup your client file in CaseWare.
How does CaseWare ensure that we are always compliant?
We have content providers whose sole responsibility is to ensure that we update our software in line with IFRS disclosure changes. We send out 2-3 updates/patches/disks per year depending on the relevant changes in legislation.
What happens if I need technical assistance?
We have a dedicated technical support team available through various channels, such as telephonic support, logging a request on our website and direct email support.
If I place my order, how soon can I get my software?
Our team of expert consultants will work closely with you during implementation to customise the software according to your specific requirements. This does need to be a long process and we can have you up and running in no time.
About Pierre Consulting
- No categories