NEW YORK (Feb. 20, 2019) – OnPoint PCR, a smart, cloud-based solution that transforms how CPA firms conduct preparation, compilation and review engagements, has been named a 2019 Top New Product by Accounting Today, a leading trade publication for the profession.
OnPoint PCR, which launched last summer, was selected as a winner in the “attest tools” category. Jointly developed by CPA.com, the American Institute of CPAs and CaseWare International, OnPoint PCR integrates content and methodology into a leading cloud platform, allowing firms to enhance engagement quality while being more productive.
“The audit profession is on the brink of a major change,” Accounting Today’s editors wrote. “The American Institute of CPAs is anticipating and precipitating this sea change with the launch of an initiative to create a new audit process dubbed the Dynamic Audit Solution. OnPoint PCR, which it created in partnership with its technology arm, CPA.com, and CaseWare, is part of this movement toward a new kind of audit — and one that will benefit the thousands of smaller firms that may not perform public company audits but are still involved in attest work.”
In addition to being recognized as a top new product by Accounting Today, OnPoint PCR was a recipient of CPA Practice Advisor’s 2018 Tax & Accounting Technology Innovation Award last year. This is the second time a CPA.com-affiliated solution has won both awards. In 2016, RIVIO Clearinghouse, a secure online hub for private company financial information that was jointly developed by CPA.com and Confirmation.com, was a dual winner.
“Technology is transforming accounting and auditing to the point where we are beginning to see a convergence of the compliance and advisory functions—the blending of trust and insight. OnPoint PCR is a prime example of this convergence,” said Erik Asgeirsson, president and CEO of CPA.com. “Today, firms are struggling with properly setting the size and scope of engagements. OnPoint PCR combines technology and an innovative approach to solve this, while also providing detailed documentation for engagements.”
To learn more about OnPoint PCR, visit cpa.com/onpointpcr.
CPA.com brings innovative solutions to the accounting profession, either in partnership with leading providers or directly through its own development. The company has established itself as a thought leader on emerging technologies and as the trusted business advisor to practitioners in the United States, with a growing global focus.
Our company’s core mission is to drive the transformation of practice areas, advance the technology ecosystem for the profession, and lead technology research and innovation efforts for practitioners.
A subsidiary of the American Institute of CPAs, the company is also part of the Association of International Certified Professional Accountants, the world’s most influential organization representing the profession. For more information, visit CPA.com.