A software company has introduced a mind-mapping product that tries to help accountants synthesize information better and communicate it in a way that businesses can understand.
San Francisco-based Mindjet has unveiled MindManager CPA Edition, a version of its collaboration and project management project aimed at accountants. The company claims that its products are already in use by 1.5 million professionals and six out of 10 companies in the Fortune 100. Mindjet showed the CPA Edition at the Maryland Business and Accounting Expo earlier this month.
MindManager CPA Edition provides process templates to help manage information more effectively and communicate with peers and clients more clearly. The templates can help manage audit plans, due diligence, complex standard implementations and board meetings.
The $499 Windows-based product includes mapping features that organize information such as documents and hyperlinks into a kind of map. Detailed maps of business processes provide context, and help communicate the information with visual illustrations. The software can also keep track of processes within a living document and help users understand the moving parts.
The templates will help accountants research, interpret, translate and communicate everything from a basic audit plan to the implementation of a complex new rule or standard like XBRL or IFRS, said Maryland Association of CPAs executive director and CEO Tom Hood in a statement. Every CPA should have this in their toolbox.
For more information, visit www.mindjet.com.
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