Wolters Kluwer Tax & Accounting Highlights How a Knowledge-based Audit Methodology Can Help Overcome Common Audit Missteps at 2019 AICPA Engage Conference

NEW YORK–(BUSINESS WIRE)–Cathy Rowe, CPA, CA and Director of Accounting and Audit Product
Management at Wolters Kluwer Tax & Accounting North America, will
participate in the “Methodology
Providers Address Common Missteps”
expert panel taking place today
at the 2019
AICPA Engage Conference
in Las Vegas, Nevada. The session will
assist audit practitioners in identifying common missteps driving
non-conformity with AU-C Sections 315 and 330, and learn how to apply
their audit methodologies in most challenging areas properly.

“In today’s complex environment, a disengaged audit process negatively
impacts overall quality. Many audit methodologies and systems are
currently built on standardized checklists and inflexible processes that
fail to leverage auditor knowledge, which often discourages critical
thinking,” said Rowe.

Wolters Kluwer Integrated
Audit Approach
focuses the audit process on auditor judgment. It
facilitates their ability to make informed decisions by ensuring that
the audit is tailored for each client, always having a link to the
assessed risk and the work performed. This unique approach combines the
powerful content-driven tools of CCH®
ProSystem fx® Knowledge Coach
, the efficiency of CCH®
ProSystem fx® Engagement
, CCH®
Audit Accelerator
and TeamMate®
Analytics
, plus the comprehensive content of CCH®
Accounting Research Manager®
. The Integrated Audit Approach focuses
on the entire end-to-end workflow to maximize efficiencies and guide
firms to a higher quality audit without over or under auditing.

“The Knowledge-based Audit Methodology from Wolters Kluwer is a dynamic
auditing process developed specifically in response to the AICPA’s risk
assessment standards. Auditors can plan and produce higher quality
audits based on continuous knowledge gathering and reflection to both
minimize compliance risk and maximize their effectiveness and
efficiency,” added Rowe.

Visit us at booth #309 during the 2019
AICPA Engage Conference
to learn more about the award-winning
portfolio of tax, accounting, and audit solutions from Wolters Kluwer.

About Wolters Kluwer Tax & Accounting

Wolters
Kluwer Tax & Accounting
is a leading provider of software
solutions and local expertise that helps tax, accounting, and audit
professionals research and navigate complex regulations, comply with
legislation, manage their businesses and advise clients with speed,
accuracy, and efficiency.

Wolters Kluwer Tax & Accounting is part of Wolters Kluwer (WKL), a
global leader in professional information, software solutions, and
services for the healthcare; tax and accounting; governance, risk and
compliance; and legal and regulatory sectors. We help our customers make
critical decisions every day by providing expert solutions that combine
deep domain knowledge with advanced technology and services.

Wolters Kluwer reported 2018 annual revenues of €4.3 billion. The group
serves customers in over 180 countries, maintains operations in over 40
countries, and employs approximately 19,000 people worldwide. The
company is headquartered in Alphen aan den Rijn, the Netherlands.

Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are
included in the AEX and Euronext 100 indices. Wolters Kluwer has a
sponsored Level 1 American Depositary Receipt (ADR) program. The ADRs
are traded on the over-the-counter market in the U.S. (WTKWY).

For more information, visit www.wolterskluwer.com,
follow us on Twitter,
Facebook,
LinkedIn,
and YouTube.

Contacts

Marisa Westcott
212-771-0853
Marisa.Westcott@wolterskluwer.com

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