Country for PR: United States
Contributor: PR Newswire New York
Thursday, May 19 2022 - 08:44
AsiaNet
Boring No More: Accountants, Auditors See Themselves as Creative, Curious and Adventurous, Study Shows
TORONTO, May 19, 2022 /PRNewswire-AsiaNet/ --

--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.

Photo - 
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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.
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