Boring No More: Accountants, Auditors See Themselves as Creative, Curious and Adventurous, Study Shows
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TORONTO, May 19, 2022 /PRNewswire=KYODO JBN/ --
--Newly-rebranded Caseware shares game-changing research and launches the first
in a series of transformative tools to meet changing industry needs.
Creative, curious and adventurous may not be traits normally associated with
accountants and auditors, but a recent study shows that's just how a growing
number of industry professionals see themselves.
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The research -- conducted by leading software provider Caseware International
through interviews with nearly 500 accountants and auditors globally --
suggests that the profession is shifting toward more insights-driven and
human-centered work.
According to the study, some 37% of accountants and auditors surveyed place a
high value on creative problem-solving. Nearly half (47%) say they are
adventurous when it comes to trying new technology. Accounting professionals
say they want to spend more time collaborating with their clients and
colleagues, and their focus has shifted from analyzing what has happened to
anticipating what happens next.
"We've been listening closely to our customers for over 30 years, and a clear
message from this research is that the industry will look significantly
different in the future than it does today," said David Osborne, CEO of
Caseware. "What has traditionally been seen as a tedious, number-crunching
profession is rapidly transforming into one that's dynamic, driven by
analytical insights and focused on creative collaboration. Cloud-based
solutions, intelligent automation and other innovations are sparking new
business opportunities and opening up new career paths."
Caseware, the leading software-as-a-service (SaaS) provider to the auditing and
accounting industry, conducted the study from August through December 2021. The
findings are already being applied in the company's product and service
development and have also informed its newly-unveiled rebrand. Among the
insights shared by survey respondents is that many have been developing their
people skills in order to foster closer working relationships with clients and
teammates. They are also increasingly conscious of their potential to create
lasting impact, the research shows.
"More than ever, we see auditors, accountants and financial analysts taking
pride in the fact that their work benefits and improves the world," Osborne
said. "They play a key role, for example, in helping organizations move beyond
traditional financial disclosure to share environmental, social, and
governance (ESG) information. Whether accounting professionals are detecting
and preventing fraud, ensuring systems work properly, or helping companies
operate both efficiently and ethically, the people who count on Caseware are
making a difference."
Caseware announces rebranding
To support and drive the industry's transformational change, Caseware has
announced a global rebranding as it begins rolling out the next generation of
automation, analytics and problem-solving tools -- all designed to enrich the
experience of its customers as they help their clients achieve unprecedented
performance.
The new Caseware brand was revealed in Toronto at CwX, the company's first
global annual conference. In his remarks to the combined in-person and online
audience, Osborne committed to providing customers with versatile, innovative
tools that enable them to do their best work. The CEO also shared the company's
renewed sense of purpose: "Caseware is in business to help our customers work
more effectively, gain deeper insights and see further along the road that
leads to change for the better. We succeed by advancing our customers' success,
and we help them drive transformation by designing technology that reflects our
deep understanding of what they hope to achieve -- and why."
Central to the company's new product offering is a cutting-edge, cloud-based
business intelligence tool called Sherlock, which consolidates data across
multiple engagements and generates powerful insights that can then be leveraged
to sharpen efficiency and accelerate growth. Officially launched on May 19,
Sherlock is the first in a series of market-changing products Caseware plans to
introduce over the next three to five years.
"As we build the tools that are helping transform the future of accounting,
we're also helping individual customers pursue careers fueled by curiosity and
creative intelligence," said Osborne, who joined Caseware as CEO in June 2021
following a strategic investment in the company by private equity firm Hg
Capital in October 2020.
With Hg's financial backing and under Osborne's leadership, Caseware has
experienced exponential growth. In the last year alone, the company has added
over 250 new team members worldwide. Solidifying its position as the leading
provider of cloud-based audit and assurance software, Caseware has also
expanded its global footprint by acquiring three of its distributors -- in the
US, Denmark and the Netherlands.
"These are exciting times for the accounting and auditing industry, as digital
transformation takes us to places we never imagined," Osborne said. "We're
looking forward to equipping more accountants and auditors around the world
with solutions that meet their high expectations for speed, accuracy,
responsiveness, and equally important, their desire for easier collaboration
and insight-driven problem-solving. Supported by our thoughtfully-designed
tools and platforms, they can focus on what matters most: building stronger
relationships with their colleagues and clients -- and we'll be right there
alongside them as a trusted, innovative partner."
About Caseware
Caseware is the leading global provider of cloud-enabled audit, financial
reporting and data analytics solutions for accounting firms, corporations and
government regulators. Caseware's innovative tools and platforms help more than
half a million customers in 130 countries work smarter, dig deeper and see
further as they transform insights into impact. For more information, visit
Media information and to set up interviews: Isabella Kima - Corporate
communications specialist, isabella.kima@caseware.com
SOURCE: CaseWare International Inc.
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