CaseWare IFRS and UK GAAP storms the corporate sector

March 12th 2009

Already the dominant supplier of accounts production software amongst the UK's leading accountancy practices, it seems word has got around to the financial directors of some of the UK's biggest firms, with Kent based CaseWare this month announcing the capture of Whitbread plc, Sanofi Aventis and Invensys plc as new clients.

Whilst being the first vendor of a flexible IFRS solution helps, it is CaseWare's UK GAAP solutions which are proving so popular.

CaseWare claims to drastically reduce both the time and complexity of producing statutory financial statements including group consolidations. This claim appears to be borne out by its burgeoning customer base which already includes several FTSE 100 and DJ 30 listed companies.

Shez Hamill, Sales Manager at CaseWare UK commented: "Some of our clients have halved the time it takes to produce accurate accounts. Directly importing from any number of general ledger systems is also eradicating the risk of manual errors."

CaseWare accounts templates include:

• Limited Companies
• Sole Traders
• Partnerships
• LLPs
• Group Consolidations
• Branch Accounts
• Trusts
• Charities
• Off-shore

CaseWare is a paperless application for the production of financial statements and management of audit engagements. The CaseWare suite of products offers a comprehensive range of intuitive accounts templates, specifically tailored to meet the individual needs of accountancy professionals in a variety of disciplines, including limited companies, sole practitioners, pensions, charities and offshore corporate and trust accounts.

Since its launch in the UK more than 10 years ago, CaseWare has grown to become the paperless solution of choice for top 50 accountancy firms in the UK, and currently counts among its top clients PricewaterhouseCoopers, Ernst & Young, KPMG, and BDO. In addition, CaseWare has an established reputation in the sole practitioner market, with approximately 450 smaller firms as dedicated clients.

CaseWare trades internationally in 130 different territories and in total has captured 300,000 users worldwide.