CaseWare Ships Enhanced Working Papers 2004

Toronto (May 6, 2004) -- CaseWare has begun shipping the latest version of its flagship working papers product. Enhancements to CaseWare Working Papers 2004 include Issues Management, which allows users to record issues and review notes, drill down to the specific part of the document at issue, and manage work on a document or the entire engagement.

Other significant feature enhancements include Version Control, which tracks the history of document changes and automatically creates milestones when user-selected events occur, and Archiving, which automates the file clean-up at the completion of the engagement, but prior to performing the year-end close.

There is also a broad range of new features related to referencing and annotation, locking against further changes, mapping and grouping, security, and client-file interface. Price for a single-user Working Papers 2004 license is $499; for up to five users, it’s $1,299; and additional users over five cost $250 each.

Last week the company also introduced CaseWare Scenarios, an integrated component for Working Papers that functions as a collaborative analysis tool. It allows users to display an income statement, a balance sheet, cash flow, specified business drivers, and analytics on a single screen. Users can create different scenarios employing actual historical data as a starting point, then incorporate what-if and goal-seeking functionality. Price for a single-user Scenarios license is $199; for up to five users, it’s $599; and additional users over five cost $99 each.

-- Richard McCausland

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