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Paperless Audit Benefits |
Paperless Audit Benefits
Faster Turnaround
Our efficient paperless engagement system allows us to manage all
of your audit documentation electronically. This translates into
a faster turnaround time for financial statements and other deliverables.
With a traditional paper system we would have to wait until we were back in the office to access your files and answer questions. With a paperless system we can have access to all of your workpapers even while away from the office. This means that your questions and issues get answered faster!
Streamlined Process
Our paperless audit software lets us quickly see the status of the
entire engagement from one screen. Which audit areas are incomplete
and require additional follow-up? Which workpapers have been completed
and reviewed? All of this information is quickly accessible and translates
into a more effective and efficient audit.
With less time devoted to the filing, copying and sorting of audit workpapers that is involved with traditional paper systems, we can focus our attention on audit procedures that may reveal potential problem areas. Identification of problem areas early in the audit process allows you to implement effective solutions in a timely and cost-effective manner.
Our paperless solution allows us to import your year-end trial balance. We avoid the time and expense of keying in account numbers, descriptions and account balances. We simply take your electronic trial balance and import it directly into our audit software!
Easy Access
Workpapers are accessible via email and the world wide web. No need
for additional trips back to the office.We can carry an unlimited number of audit clients with us when we go out to do our audit fieldwork. As a result we have ready access to workpapers from other client engagements that we can quickly and easily modify for your engagement.
No Printing Required
In many cases we eliminate the need for you to have to print your
Word and Excel documents for us. In fact, we can obtain electronic
reports from any accounting program you're currently using. The days
of printing hundreds of thousands of pages or reports for your auditors
is over.
Save on postage and printing costs when you email us all the audit documentation we need.
Better Data Analysis
When we receive your detailed general ledger or any other accounting
report in electronic format, we can easily search it electronically
for specific balances, words, or unusual anomalies. We use technology
to make the audit process more effective.
Audit tests that could take hours with a traditional paper system can be streamlined and in some cases performed in minutes not hours.
More Efficient Audit Preparation
We streamline your audit preparation process by providing you templates
of audit workpapers we will need. Can't find last year's workpaper
to update for the current year? Not to worry, we have it filed electronically
and can email it to you instantly.
No need to waste time printing out or copying the minutes of the board of directors meetings or other documents; simply email us the files.