For years, Boomer Consulting, Inc. has helped CPA firms navigate the five pillars of success which are leadership, talent, technology, process, and growth. In recent times, the global pandemic accelerated the accounting profession’s shift to remote work and cloud-based audits - changes that are here to stay. To remain competitive, firm leaders must align their technology, processes, leadership, talent, and growth strategies to support a more flexible, data-driven audit environment. But inefficiencies in audit workflows can hold firms back. When firms struggle with disconnected processes, manual tasks, and lack of automation, they risk longer engagements, lower-quality audits, and frustrated clients.
In this whitepaper, Jim Boomer discusses seven common audit workflow challenges that prevent firms from delivering the high-value, insightful audits that clients expect. The high level takeaway is that firms that embrace standardized workflows and automation are seeing measurable improvements. For example,
CCH Axcess™ Audit - Cloud Audit Suite includes proven and reliable integrated audit technology and methodology that helps firms streamline their audits by eliminating inefficiencies and ensuring a more structured, compliant approach to risk assessment and audit documentation
