Streamline Your Audit Work Flow with “Audit Singapore” software
Created in collaboration with global firm CaseWare International for Singapore SMPs, the “Audit Singapore” software aims to help SMPs in Singapore automate and streamline their audit work flow.
With the audit software, steps such as input of trial balances, creation of work papers and computing of financial ratios can be automated. A dashboard provides an overview and easy monitoring on the progress of audit engagements.
“Audit Singapore” is customised according to the ISCA Audit Manual for Standalone Entities (AMSE), an improved risk-based audit methodology suitable for SMPs. Hence, audit processes can be standardised across accounting firms that adopted this software.
To find out more about Audit Singapore and the adoption funding available, register for the monthly demo sessions.
Feedback from early adopter of Audit Singapore
“We are now into the second year of implementing Audit Singapore software. The software’s customised audit programmes and features such as the roll-forward function which auto-populates audit work papers from the previous year have yielded productivity benefits as well as cost and time savings. The software’s cloud function enables users to access the same audit engagement at the same time and its software loading speed is split seconds between screens. Audit work papers can be conveniently attached to the software without having to be printed out. The engagement team also does not need to return to the office from the client’s premises to scan in client’s prepared schedules and source documents. They can take photos and turn them to pdf on mobile devices and upload to the Audit Singapore software. As the audit partner, I can review the audit file on the go and check on the progress of the audit any time. Much cost savings come from reduced traveling and printing and storage costs for these audit files. Most importantly, the Audit Singapore software has an audit framework and workflow that enables an accounting professional without audit working experience to work step by step from planning and risk assessment to audit completion.”