Wolters Kluwer Tax & Accounting (TAA) Asia Pacific (APAC) have introduced its CCH iFirm Workpapers product is now accessible in Australia. Already a number one answer in New Zealand, the software program delivers a complete suite of 51 customary workpapers and is designed to help accountants within the calculations and doc substantiation required to help the monetary statements and tax return for a consumer.
The answer helps guarantee compliance with the newest Australian tax and accounting rules and allows accountants to finish their work sooner, decreasing danger of write-offs and thus enhancing profitability.
“Wolters Kluwer is within the distinctive place of having the ability to provide our prospects professional data options through CCH iKnowConnect, along with the software program they should run an environment friendly and worthwhile apply by way of CCH iFirm,” mentioned Megan Mulia (pictured), Managing Director, Wolters Kluwer, TAA APAC. “Our new CCH iFirm Workpapers answer brings collectively this distinctive experience, enabling accounting companies to boost productiveness, enhance collaboration, and elevate the standard of their work.”
Developed and up to date yearly by the professional crew behind the trusted CCH Australian Grasp Tax Information, CCH iFirm Workpapers provides a spread of modern options and instruments that streamline workpaper creation, administration, and compliance processes for accounting companies. The answer gives standardization, underlying calculators, normal ledger software program integrations, and automation options in a well-known Excel surroundings, chopping down on guide information entry, and enhancing accuracy. These enhancements save time for companies and unlock billable hours.
Designed with enter from Wolters Kluwer prospects, CCH iFirm Workpapers seeks to ship the wealthy performance that accounting groups have to handle high-volume, complicated compliance jobs. Being a ledger-agnostic answer, it permits for straightforward administration of purchasers with totally different ledger methods, which is crucial for optimizing compliance workflow.
“Workpapers are the ‘glue’ in an accountant’s compliance workflow, and our newly launched module helps to streamline this course of throughout the CCH iFirm platform,” mentioned Mulia. “Our imaginative and prescient is to proceed to deepen the combination between our professional analysis options and CCH iFirm software program modules to attain a seamless workflow for our prospects.”
Wolters Kluwer TAA allows tax and accounting professionals and companies of all sizes to drive productiveness, navigate change, and ship higher outcomes.