New CCH ProSystem fx Knowledge Coach Solution Focuses on Compilations & Reviews

Riverwoods, IL - 4 October 2011

Professionals who concentrate on compilations and reviews (C&R) can now benefit from a new CCH ProSystem fx® Knowledge Coach solution that meets their specific needs – a practical option for smaller firms specializing in C&R. ProSystem fx Knowledge Coach for Comps & Reviews provides the flexibility of a C&R solution powered by Knowledge Coach without having to pay more for tools geared specifically to audits. CCH, a Wolters Kluwer business is the leading global provider of tax, accounting and audit information, software and services.

“We’ve seen a lot of interest in Knowledge Coach from firms that don’t do audits but want to take advantage of its features and functionality,” said Mike Ritchie, CCH Director of Accounting and Audit Product Management. “We’re excited to extend the full research capabilities of Knowledge Coach in a competitively priced, non-audit solution that makes sense for smaller firms focused on C&R.”

Power, Flexibility

Knowledge Coach is a comprehensive, dynamic audit workflow solution that helps firms manage an engagement from planning through completion. While Knowledge Coach provides all the risk assessment and workflow features audit firms require, firms can also take advantage of powerful features on their C&R jobs, including:

• Dynamic, real time diagnostics;

• Extensive library of workpapers and tools;

• Integrated and efficient information flow between workpapers; and

• Drill downs, guidance and tips build into the programs.

Knowledge Coach: Award-winning Solution

In June, Knowledge Coach was honored with one of the tax and accounting industry’s most prestigious awards. The solution earned the 2011 Tax & Accounting Technology Innovation Award, sponsored by The CPA Practice Advisor. The magazine’s annual awards recognize innovative developments in technologies that benefit the tax and accounting profession, as well as significant advancements in existing technologies.

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