Financial reporting using draftworx


CPD hours: 1 Hour

Price: Complimentary

Video Type: Single

Presenter: Earl Steyn
iXBRL expert and CEO of Draftworx

Accounting

Accounting
...

Financial reporting using draftworx

CPD Hours: 1

Price: Complimentary


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Title / Topic

Financial reporting using draftworx

Presenters : Earl Steyn


Overview   

Local accountants and auditors enjoy quite a wide variety when it comes to the software they can use in their work. In order to choose the right one, one must consider the software's affordability, user-friendliness, dependability, ease of integration with other apps, and so on.   

Draftworx™ is a fully integrated, automated drafting and working paper suite that is highly flexible, easy to learn and use, and guarantees full compliance with accounting and auditing standards as well as requirements of the CIPC and SARS. This software was created to alleviate problems identified in current drafting, working paper and audit software. It includes financial statements, working papers and audit methodologies in cloud, desktop or hybrid versions.   


Learning objectives  

By the end of this event the participant should: 

  • Understand what the PI score is and its importance; 

  • Understand automation of financial statements; 

  • Have a background to financial frameworks; 

  • Understand the difference between using the cloud vs desktop; and  

  • Know what XBRL is and who needs to do it, now and in the future. 


Content 

  This webinar covers the following topics: 

  • The PI Score. 

  • Working Papers. 

  • Financial frameworks. 

  • Cloud vs desktop and which suits you better. 

  • Automating the compilation of financials. 

  • Customisations. 

  • XBRL. 

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