(19 April 2017) – Wolters Kluwer Tax & Accounting today announced its solution, CCH iQ, has been shortlisted as a finalist for Innovator of the Year at the Accountants Daily’s Australian Accounting Awards 2017. Now in its fourth consecutive year, the Australian Accounting Awards, which cover 26 categories, recognises individual excellence in accounting, from the profession’s most senior ranks to its rising stars. The winners will be announced at a black-tie awards dinner on Friday, 26 May at the Sofitel Sydney Wentworth.
Wolters Kluwer’s CCH iQ is the company’s artificial intelligence solution to help accountants take the next leap in shifting from retrospective compliance to proactive advisory work. CCH iQ is different – it has been designed to redefine how accounting firms do business in the cloud. It works by allowing firms to drive actionable outcomes and extend their service offering. It does this by integrating existing CCH iKnow content, a one-stop online portal of valuable industry resources, tools and data with CCH iFirm software in a truly unrivalled end-to-end solution.
With CCH iQ, accounting firms can make better use of the data intelligence they already have at hand. Analytical tools match hundreds of annual tax events – such as changes to tax laws - and client data – such as tax returns – and map potential outcomes to specific clients. A range of client communications templates can be used for accounting firms to proactively engage with their clients – generating a pipeline of high value advisory actions.
“The opportunity for CCH iQ’s predictive accounting capabilities can shift accountants away from basic compliance work and instead let them focus on advice and consulting on complex, challenging issues, letting them play a more involved and significant role within organisations big and small. We are very proud to have been recognised as a finalist in the Innovator of the Year Category. We are excited about the opportunities CCH iQ can create as we work with firms to better prepare and manage the industry-wide transformation juggernaut,” says Russell Evans, Chief Executive Officer, Wolters Kluwer Asia Pacific & Brazil.
Accountants Daily is a leading online publication designed with accountants in mind, focusing specifically on the issues and industry developments that are of greatest significance to the accounting profession. Accountants Daily delivers daily news, analysis and reports, plus a host of feature articles, all geared to help Australia’s accounting professionals drive business growth.
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 N.V. (AEX: WKL), a global leader in information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services.
Wolters Kluwer reported 2015 annual revenues of €4.2 billion. The company, headquartered in Alphen aan den Rijn, the Netherlands, serves customers in over 180 countries, maintains operations in over 40 countries and employs 19,000 people worldwide. 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 program. The ADRs are traded on the over-the-counter market in the U.S. (WTKWY).
Director, Marketing & Communications APAC
Tel: +61 2 9857 1423