Cloud Audit Suite:
Tips and TricksDiscover a better way to manage and complete your audits faster
Streamline every part of your audit
Thomson Reuters Cloud Audit Suite introduces a new era of audit solutions to confidently manage and complete your audits faster. Give your firm every advantage with a modern audit solution that provides:
- Seamless workflow: Confidently complete audits faster from a single solution with intuitive workflows that guide you every step of the way.
- Leading methodology: Ensure your audits comply with current UK audit standards with relevant guides and templates by widely recognised experts.
- Cloud-based technology: Securely access your audit online from anywhere with a modern solution that updates your data and stakeholders in real time.
Tips and tricks
Learn all about this new audit experience with short tips and tricks. Check back every week for the latest video.
Integration with Confirmation
Confirmation provides a secure, digital process for confirming balances with third parties - a critical step in every audit. You can initiate, monitor, and receive audit confirmation seamlessly from Cloud Audit Suite.
Previous tips and tricks
Roll forward
The roll forward process is simple, quick, and effective on Cloud Audit Suite. The feature provides engagement information, reporting periods, dates and indexing, trial balance and workpaper settings for the subsequent year’s audit file.
Real-time collaboration
Another time-saving feature of Cloud Audit Suite is the ability to collaborate with colleagues in real time. You can do just that right from the application – whether you are at a client’s site, working from the office, or anywhere else.
Customise your audit experience
The flexibility of Cloud Audit Suite allows you to tailor the solution as you see fit with customisable features. Essentially, you can design your own Audit programs – add and reorganise folders, change the look and feel of templates based on what works best for you, modify testing areas, and revise the admin rights.
Integration with DAPA
With seamless integration between Digita Accounts Production Advanced (DAPA) and Cloud Audit Suite, you can easily import and export data between the two applications. Export trial balances to Cloud Audit Suite to perform audits. Then, back in DAPA, simply import the journal from Cloud Audit Suite which populates the adjustments on the trial balance.
Efficient planning for audit programs
Cloud Audit Suite provides quick and efficient planning for audit programs. This guided process walks you through step-by-step what you need to complete the audit – identify and assess risks, then the tool designs the audit programs for you. Further tailor your audit program with customisable filters and features. You are sure to save time and money.
