{"id":911,"date":"2014-04-23T15:26:34","date_gmt":"2014-04-23T15:26:34","guid":{"rendered":"http:\/\/magnetgroupng.com\/Blog\/?p=911"},"modified":"2017-08-02T16:26:50","modified_gmt":"2017-08-02T16:26:50","slug":"draftworxauditing-softwareifrs-report-for-smes","status":"publish","type":"post","link":"https:\/\/magnetgroupng.com\/Blog\/blog\/draftworxauditing-softwareifrs-report-for-smes\/","title":{"rendered":"DraftWorx Auditing Software IFRS Report for SMEs"},"content":{"rendered":"

Have you ever imagined a financial reporting tool\u00a0that can help you automate your client\u2019s audit processes, make your audit work much efficient, multiply your client base and increase your audit service bottom line?<\/p>\n

There is a financial reporting tool and an\u00a0electronic audit working paper\u00a0that helps you to audit, review your working trial balance and prepare an\u00a0IFRS Compliant Financial Statement for Medium and Small Businesses in Nigeria.<\/strong><\/p>\n

Draftworx<\/strong> is a newly introduced auditing software in Nigeria that can be used to\u00a0set-up clients for audit, \u00a0integrate trial balance, link your chart of accounts and\u00a0prepare an IFRS compliant financial statement of an enterprise in 20 minutes<\/strong> or less unlike the interval\u00a0it takes accountants and auditors to prepare an audited financial statement.<\/p>\n

Who uses Draftworx.
\nAccounting Firms, Auditing Firms as well as Corporate Accounting Departments.<\/p>\n

It features include;<\/p>\n

    \n
  1. PREPARING FINANCIAL STATEMENT ELECTRONICALLY (IFRS)<\/strong><\/li>\n
  2. ELECTRONIC AUDIT WORKING PAPER<\/strong><\/li>\n
  3. INTEGRATED\u00a0AUDIT PLANNING<\/strong><\/li>\n
  4. INTEGRATED\u00a0AUDIT LAYOUT<\/strong><\/li>\n
  5. INTEGRATED\u00a0NOTES TO THE FINANCIAL STATEMENT<\/strong><\/li>\n
  6. INTEGRATED\u00a0ACCOUNTING POLICIES & \u00a0REPORTS<\/strong><\/li>\n
  7. AUTOMATED TAX CALCULATION AT PREVAILING RATES, and much more….<\/strong><\/li>\n<\/ol>\n

    On\u00a0Draftworx<\/strong>, you can perform various electronic audit functions like:<\/p>\n

      \n
    • Set-up and manage multiple client\u2019s files.<\/li>\n
    • Import\u00a0Working Trial Balance<\/u><\/strong>\u00a0from spreadsheet, QuickBooks etc<\/li>\n
    • Integrate\u00a0IFRS SME Consolidation<\/u><\/strong>\u00a0\u2013 Prepare monthly\/annual financial report, management report and consolidated financial statement.<\/li>\n
    • Import additional working papers via office tools \u2013 Excel spreadsheet, Ms. Word.<\/li>\n
    • Audit a client\u2019s bank reconciliation processes.<\/li>\n
    • Work on lead schedule, audit program and do an electronic review of your audit processes.<\/li>\n
    • Delegate audit task to team members.<\/li>\n
    • Spot financial trends and perform risk assessment.<\/li>\n
    • \u2026and much more.<\/li>\n<\/ul>\n

      DraftWorx is quite easy to set up. If you are having any challenges, consult us for FREE!!<\/strong><\/p>\n

      CONNECT with us on \u00a009092942048, 08175420054 or SEND us your request: info@magnetgroupng.com<\/strong><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

      Have you ever imagined a financial reporting tool\u00a0that can help you automate your client\u2019s audit processes, make your audit work much efficient, multiply your client base and increase your audit service bottom line? There is a financial reporting tool and an\u00a0electronic audit working paper\u00a0that helps you to audit, review your […]<\/p>\n","protected":false},"author":1,"featured_media":60,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[5],"tags":[],"class_list":["post-911","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-draftworx"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/magnetgroupng.com\/Blog\/wp-json\/wp\/v2\/posts\/911","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/magnetgroupng.com\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/magnetgroupng.com\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/magnetgroupng.com\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/magnetgroupng.com\/Blog\/wp-json\/wp\/v2\/comments?post=911"}],"version-history":[{"count":2,"href":"https:\/\/magnetgroupng.com\/Blog\/wp-json\/wp\/v2\/posts\/911\/revisions"}],"predecessor-version":[{"id":914,"href":"https:\/\/magnetgroupng.com\/Blog\/wp-json\/wp\/v2\/posts\/911\/revisions\/914"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/magnetgroupng.com\/Blog\/wp-json\/wp\/v2\/media\/60"}],"wp:attachment":[{"href":"https:\/\/magnetgroupng.com\/Blog\/wp-json\/wp\/v2\/media?parent=911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/magnetgroupng.com\/Blog\/wp-json\/wp\/v2\/categories?post=911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/magnetgroupng.com\/Blog\/wp-json\/wp\/v2\/tags?post=911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}