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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

https://www.caseware.com .

Media information and to set up interviews: Isabella Kima - Corporate

communications specialist, isabella.kima@caseware.com

SOURCE: CaseWare International Inc.