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The software product offers a wide range of features and tools to streamline workpaper creation, management and compliance processes for accounting firms.
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Wolters Kluwer launches CCH iFirm Workpapers in Australia
28 May 2024
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Wolters Kluwer Tax & Accounting Asia Pacific has announced the launch of its CCH iFirm Workpapers product in Australia.
The software offers a comprehensive suite of 51 standard workpapers designed to aid accountants in the calculations and document substantiation required to support the financial statements and tax return for a client.
Wolters Kluwer said the solution helps ensure compliance with the latest Australian tax and accounting regulations and enables accountants to complete their work faster, reducing the risk of write-offs and improving profitability.
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Managing director of Wolters Kluwer, TAA APAC, Megan Mulia, said the software firm can offer customers expert knowledge solutions through CCH iKnowConnect, in addition to the software they need to run an efficient and profitable practice through CCH iFirm.
“Our new CCH iFirm Workpapers solution brings together this unique expertise, enabling accounting firms to enhance productivity, improve collaboration, and elevate the quality of their work,” said Mulia.
The software has been designed with input from Wolters Kluwer customers and seeks to deliver the functionality that accounting teams need to manage high-volume, complex compliance jobs.
“Being a ledger-agnostic solution, it allows for easy management of clients with different ledger systems, which is critical for optimising compliance workflow,” said Wolters Kluwer.
“Workpapers are the ‘glue’ in an accountant’s compliance workflow, and our newly released module helps to streamline this process within the CCH iFirm platform,” said Mulia.
“Our vision is to continue to deepen the integration between our expert research solutions and CCH iFirm software modules to achieve a seamless workflow for our customers.”
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