We are in the midst of the evolution of technologies in the financial sector, as seamless, agile financial services have never been more crucial.
CaseWare Africa, a division of Adapt IT, has released details of its latest addition to the assurance product suite: ISRS Agreed-Upon.
Individual Tax is an additional app on the CloudTax platform that facilitates the preparation, calculation and submission of individual tax returns.
The template was designed to help enterprises draft interim financial statements in line with the IAS 34 standard.
Adapt IT Holdings scooped the 2019 South African Professional Services Awards Digital Firm of the Year Award.
IFRS 9 addresses accounting for financial instruments, and IFRS 15 provides guidance on how to account for revenue from contracts with customers.
XBRL Lite lets companies submit the relevant information, in the required layout, without spending time and money on redrafting financial statements.
The solution helps companies with compliance, by assisting them to submit financial statements to the CIPC in the iXBRL format.
The integration between the template and the source systems makes the audit process easier and quicker, says the AdaptIT company.
Why the Extensible Business Reporting Language is so much more than compliance.
In addition to Zambia and Zimbabwe, CaseWare has recently established offices in Kenya, Nigeria, Mauritius and Botswana.
CaseWare Africa has invested significant resources in upgrading and enhancing its software to make IFRS9 compliance simpler, it says.