CaseWare Analytics and PKF International Global Agreement
The International Global Agreement enables all PKF member firms to acquire IDEA licenses at special pricing and places them in an ideal position to offer their clients enhanced auditing services using the full power of IDEA data analytics. Theo Vermaak, Chairman – International Professional Standards Committee of PKF, commented: “Data analysis is increasingly important in both audits and consulting engagements of all types and sizes. Turning raw data into useful information and supporting quality decision-making are very important outcomes of using IDEA. While many of our assignments already utilize data analysis techniques, this agreement allows us to further develop the interviews, tools and global support to maximize the benefits and improve consistency globally”.
“We are delighted to be part of PKF International’s initiative to enhance the adoption of computer-assisted audit tools (CAAT) throughout their network of member firms”, said Bob Cuthbertson, COO of CaseWare IDEA Inc. “By making IDEA readily accessible to member firms in 150 countries, PKF can establish a global capability for utilizing our data analytics solution in support of their audit and taxation compliance services”.
PKF is planning an ongoing collaboration with the CaseWare Analytics brand to further integrate IDEA into the PKF Audit methodology. PKF will establish a knowledgebase of IDEA best practices, analytic scripts and case studies to be shared across the member firms.
About PKF International:
PKF International (PKF) is a global network of legally independent firms bound together by a shared commitment to quality, integrity and the creation of clarity in a complex regulatory environment. With offices in 440 cities, PKF member firms operate in 150 countries across 5 continents and specialize in providing high quality audit, accounting, tax, and business advisory services to international and domestic organizations in all their markets.