Statutory auditors: software to optimise your work!
Are you a CAC (Commissaire aux Comptes) and discovering the limits of your software every day? It doesn't have to be that way. You can change, and get a tool that will save you time and give you a better working environment. We've chosen to present Netaudit in our audit and statutory audit software reviews section, and you'll see why.
A tool tailored to your needs to save time on your assignments
Keeping up to date with the current legal framework: the benefits of SaaS software
Locally deployed software requires technical intervention to keep it up to date. This takes the form of a maintenance or update contract. As a result, users are less autonomous. SaaS (Software as a Service) software, on the other hand, is updated by the service provider at any time in the Cloud. This gives it a dynamic, evolving character. In the case of auditing software, the advantage is to use one that incorporates changes in the NEP (Normes d'Exercice Professionnel - Professional Practice Standards), because each business sector often has its own standards. And these are changing. By relying on the tool to monitor these developments, the CAC is sure not to miss anything.
Being able to work on the move
As a statutory auditor, you are regularly on the move or on client premises. Wherever they are, they need to be able to work. This is the need that publisher Aventek is meeting with its Netaudit software. Accessible online and offline, the tool is in SaaS mode, with the option of switching to local mode. This allows users to work with or without an internet connection. When there is no internet connection, data is saved locally. They are later synchronised automatically as soon as they are reconnected.
Working with several people on a collaborative tool
Sometimes there are several people working on a file. So it's important to be able to share access. You may also need to give one-off access to a third party. The software solution allows you to manage these access rights so that you can work collaboratively. Updates are made in real time, so you can be sure that documents are synchronised and benefit from changes in real time.
Automation to save time throughout your assignment
The ability to carry over data from one financial year to the next is a real time-saver. Financial statements, master sheets and tables can be automated. By defining your audit strategy in advance, you can immediately adjust the scope of your assignment. Balances and ledgers are easily integrated. You can consult your accounts directly, and being able to supervise your files at a glance gives you a quick and relevant overview.
An integrated work interface rather than overloaded navigation
The time spent on the tool must be optimised. Navigation and ergonomics are therefore key criteria. Some programs require you to open multiple Excel sheets and then navigate from one to the next. This is laborious to use and above all it saturates the buffer memory. The computer slows down, if it doesn't crash.
With dedicated audit and statutory audit software like Netaudit, there's no risk. With its different architecture, it is based on a better adapted approach. Compatible with Excel, it integrates all the data into the interface. As a result, users remain in the same environment for easy navigation, without having to juggle between different windows.
Make your assignments more relevant in both form and content
More formalism for better results
Your software is your gateway for entering and importing a wide range of data. When it comes to presenting the information, the substance of what you present is just as important as the form. Aware of this, you fine-tune your presentations. And the time you spend preparing your presentations to general meetings, works councils or even senior management can quickly add up. A well-configured tool can make your job easier. By selecting the data you want and the relevant views, you can highlight this or that important point. This freedom in the formalism of the tool leaves you more available to devote yourself to your expertise.
A more powerful working environment to help you base your opinion more effectively
As a statutory auditor, you are subject to a duty of care. And gathering sufficient evidence requires you to arm yourself with a powerful tool. This is where some software goes a step further, such as Netaudit, which uses risk mapping to give you a complete overview of your work in real time. Armed with this visibility, you can better define your audit procedures, better monitor irregularities and inaccuracies and alert the relevant players earlier.
Statutory audit and accounts certification assignments combine operational rigour with sound judgement. The working tools available to statutory auditors are not all the same, in terms of both working environment and analysis. Netaudit appears to be the solution best suited to the needs of statutory auditors. The fluid ergonomics combined with the risk-based approach make a real difference. So if you're a CAC, let us surprise you!
Article translated from French