CCH’s ProSystem fx Knowledge Coach Wins Best Audit Technology in K2 Enterprises Awards

(RIVERWOODS, ILL., September 21, 2012) – CCH’s ProSystem fx® Knowledge Coach, the new breed of digital audit management that advances business beyond the traditional checklist-based audit approach, has been named best audit technology solution by K2 Enterprises in its 11th annual K2 Enterprises Quality Awards. The awards recognize leadership and excellence for Cloud, mobile and technology solutions making a difference in the tax and accounting industry. CCH, a Wolters Kluwer business is a leading global provider of tax, accounting and audit information, software and services (CCHGroup.com).

“It’s truly an honor to be recognized by K2 Enterprises and hear the same accolades we receive from our Knowledge Coach customers and other industry experts,” said Mike Ritchie, CCH Director of Product Management. “We really have a game-changer here. It’s exciting to talk to customers that are achieving their goals of higher audit quality and efficiency, especially as they move into their second year with the product.”

About ProSystem fx Knowledge Coach

ProSystem fx Knowledge Coach is an industry award-winning and peer reviewed audit, review and compilation guidance solution relying on CCH’s pioneering Knowledge-Based Audit™ (KBA) methodology software – designed to streamline the entire audit process. It is a planning tool, workpaper generator, engagement workflow management application and risk overseer all rolled into one – a virtual GPS for auditors.

The solution advises when more documentation is needed, sends alerts when something has been missed, and manages reviews and sign-offs. Additional functionality and convenience include:

• Direct linking of risks to procedures, ensuring all risks have been properly addressed;
• Entering data once to flow across all workpapers to ensure accuracy and efficiency. Future changes also flow automatically;
• Rolls forward prior-period engagements and merges in updated content to save time;
• Saves answers to questions, custom program steps and risks as templates so they can be used for other clients and similar engagements; and
• Leverages drilldowns, links and answer guidance to see the details of all actions and recommendations.

The seamlessly integrated package of ProSystem fx Knowledge Coach and ProSystem fx Engagement creates a powerful nerve center of audit activity for firms staying a step ahead of their client’s needs.

For More Information

For more information about ProSystem fx Knowledge Coach, please visit CCHGroup.com/ProSystemKnowledgeCoach or contact a CCH sales representative at 1-800-739-9998.

About K2 Enterprises

K2 Enterprises (www.cpafirmsoftware.com) is a Hammond, Louisiana-based organization that provides continuing professional education services to the accounting profession and marketing consulting services to technology providers in the accounting market. K2 Enterprises delivers approximately 1,000 educational programs to over 50,000 professional accountants on an annual basis throughout the United States and Canada.

About CCH, a Wolters Kluwer business

CCH, a Wolters Kluwer business (CCHGroup.com) is the leading global provider of tax, accounting and audit information, software and services. It has served tax, accounting and business professionals since 1913. Among its market-leading solutions are The ProSystem fx® Suite, CorpSystem®, CCH® IntelliConnect®, Accounting Research Manager® and the U.S. Master Tax Guide®. CCH is based in Riverwoods, Ill. Follow us now on Twitter @CCHMediaHelp. Wolters Kluwer (www.wolterskluwer.com) is a market-leading global information services company. Wolters Kluwer is headquartered in Alphen aan den Rijn, the Netherlands. Its shares are quoted on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices.

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