Putting Audits Back in the Hands of Auditors
Are you managing your audits or are they managing you? If you’d like to take better control of your audit processes, then it’s time to take a look at CCH ProSystem fx Knowledge Coach.
CCH ProSystem fx Knowledge Coach is a critical component in Wolters Kluwer’s Integrated Audit Approach. Evaluated through peer review, the Integrated Audit Approach is the audit of the future — and your key to producing high quality audits and moving forward with confidence.Watch a Knowledge Coach Demo
The Ultimate Audit Process
An entirely new type of digital audit management, the award winning and peer reviewed Knowledge Coach allows auditors to take better control of the audit process because the solution offers a planning tool, dynamic workpapers tailored for your client and audit workflow management all rolled into one.
Knowledge Coach’s powerful interactivity helps auditors move quickly through the planning process, automatically linking risks to program steps, and flowing information through the workpapers on the fly.
Knowledge Coach advises when more documentation is needed, alerts you when something has been missed, and manages reviews and sign-offs. It lets auditors get back to what they do best — the investigative work of auditing.
Focus on the Right Work
Rather than spending time managing workpapers, checklists and administration, our Knowledge-Based Audit (KBA) software streamlines the process, which lets you focus on the investigative work of auditing.
“This new audit process is more efficient than what we were using before. Now we’re building the list, not merely doing a list. Also, when a risk area is identified, CCH ProSystem fx Knowledge Coach alerts the auditor if the procedure is not properly linked to the risk. That helps us ensure we stay focused on the right areas and do an adequate amount of work.”
David Rook, CPA
Chief Operating Officer, Assurance and Advisory Services
Your Toolkit for an Exceptional Audit Workflow
The Knowledge-Based Audit (KBA) Titles provide the industry-specific content that fuels the interactive processes used by CCH ProSystem fx Knowledge Coach. The technology and content come together in a step-by-step process that facilitates an auditor’s thinking as he or she works through an audit. Each KBA Title has passed voluntary review by the AICPA, and is complemented by a full industry-specific KBA Guide on CCH® Accounting Research Manager.
*Available as both Knowledge-Based Audit Titles and new Knowledge-Based Preparation, Compilation and Review Titles!
Other audit systems tout multi-solution integration, but nothing compares. Knowledge Coach works seamlessly with CCH ProSystem fx Engagement and CCH® Accounting Research Manager® to create the Integrated Audit Approach. A powerful audit management solution designed to help your firm meet audit quality standards, there's simply no other audit resource like it!
Learn more about the Wolters Kluwer Integrated Audit Approach here.
"I was really amazed that there was a solution that was so integrated that the workpapers talked to each other. It was just so much work doing things the old way instead of using Wolters Kluwer's automation."
Jennifer Miller, CPA
Over 75% of surveyed CPAs say there is room for improvement in how their firm assesses risk. CCH ProSystem fx Knowledge Coach is an audit preparation and execution tool — and a solution that can help. Watch the video from Barry Wechsler to learn more!
Audit documentation is not only important because it is required by professional standards, but also because it may serve as the auditor's first line of defense in litigation!
Click here to download our latest white paper by George Georgiades, CPA, APC: CCH ProSystem fx Knowledge Coach’s Antidote to Common Audit Documentation Deficiencies
Learn More About
CCH ProSystem fx Knowledge Coach
For more information about this future-ready audit solution, including detailed descriptions of features and functions, download the fact sheet.
See the complete end-to-end system by attending a webinar presentation of the Integrated Audit Approach!
“Knolwedge Coach has made a huge difference for our firm. With our previous software, the audit program was separate from the workpaper management tool. Everything being in one place streamlines the process.
"Plus, Knowledge Coach provides diagnostics if something is missed or not linked together. All of those types of issues are cleared up long before the file gets to the review process.”
Principal at Mengel Metzger Barr & Co
Hear more from Jacqueline in the Mengel Metzger Barr & Co case study!
Knowledge Coach & the
Integrated Audit Approach
Denise C. Dampier CPA, PLLC needed audit software that would raise audit quality, ensure that all risks were addressed and help the firm reduce time spent on audits.
Since switching from Thomson Reuters’s CS Professional Suite® to Knowledge Coach and the Integrated Audit Approach, Denise is completing audits 25% faster, has improved accuracy and audit quality, and increased profit margins by 10-12%!
“CCH ProSystem fx Knowledge Coach saves us time! In the past, we performed the planning during fieldwork, mostly because that is how PPC and CCH ProSystem fx Engagement work together. With the Knowledge Coach approach, though, we now PLAN first.
That substantially reduces the amount of time we spend in the field. Why? Because, for the most part, all of our planning documents are complete before we even get to the audit.”
Cory S. Haddock, CPA
Briscoe, Burke & Grigsby LLP