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The issues surrounding payroll have changed dramatically over the last two years. With a significant percentage of the population working away from the office—and like to stay away, many businesses now have a work force in more than one state, meaning tax compliance is more complicated. The Great Resignation in which millions have changed or are changing jobs having clients asking…
Wolters Kluwer Tax & Accounting has introduced what it calls “a robust expansion of CCH Axcess Audit.”
Among new features are trial balances that support multi-tier consolidations and in-depth reporting, along with standardized data ingestion and automated ratio analysis. The application also now supports firms of all sizes and encompasses a migration to CCH Axcess Engagement.
In addition, there are integrations with TeamMate Analytics and TeamMate Document Linker and multi-user, real-time cloud access with offline document editing capabilities.
In addition, CCS Axcess Knowledge Coach is integrated with Axcess Engagement to provide for dynamic updates through the audit process
Moreover, the platform includes CCH AnswerConnect, the company’s research platform for tax, which WK says utilizes GenAI to generate responses within its natural language Q&A function
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards. Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that. A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind
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