Wolters Kluwer’s two audit softwares gets pre-approval in Singapore: Explore auditing software capabilities

Wolters Kluwer's - Two Audit Softwares - Pre-Approval - Singapore - Explore Auditing Software - taxscan

Wolters Kluwer Tax & Accounting (TAA) Asia Pacific (APAC) announced the pre-approval of its solutions, CCH iFirm and CCH ProSystem fx Engagement, by the Infocomm Media Development Authority (IMDA), a statutory board of the Singapore government. This accreditation is part of the SMEs Go Digital program initiated by IMDA, which aims to facilitate small-to-medium accounting firms in embracing digital technologies for enhanced capabilities and growth opportunities in the digital economy.

Under the SMEs Go Digital program, eligible accounting practices stand to benefit from a generous grant of up to 50% to support the adoption costs of the CCH ProSystem fx Engagement or CCH iFirm solutions.

The two accounting softwares are:

CCH ProSystem fx Engagement

It is one of only two pre-approved solutions in the External Audit Management category, and provides audit firms with a comprehensive audit management solution. This solution automates the entire audit process, from planning to final reporting, offering collaboration tools, workflow management, real-time status updates, and seamless integration with other software. These features empower auditors to work more efficiently and effectively.

CCH iFirm

Currently, the sole pre-approved solution under the Practice Management System category, is a complete practice management solution tailored for accounting firms. It streamlines workflows, automates administrative tasks, manages client relationships, supports quality management standards, and delivers valuable business insights. With CCH iFirm, accounting firms can enhance operational efficiency, elevate client service, and drive profitability.

Accounting firms interested in learning more about CCH ProSystem fx Engagement and CCH iFirm can visit the Wolters Kluwer website or reach out to their local Wolters Kluwer Solutions Manager.

About Wolters Kluwer

Wolters Kluwer (EURONEXT: WKL) is a global leader in information, software, and services for professionals in healthcare, tax and accounting, financial and corporate compliance, legal and regulatory, and corporate performance and ESG. With 2022 annual revenues of €5.5 billion, the group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 20,900 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands.

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