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Answers!

Answers!

Answers!, Prentice Hall Professional Software, 2400 Lake Park Drive, PO Box 723597, Atlanta, GA 30339, (800) 241-3306, $595 for single-user version, $1,495 for unlimited use at a single location.

Answers! is a knowledge-based PC software product for analytical review of client write-ups and/or audits. It performs the required activities of SAS 56, Analytical Procedures, and evaluates the results by using its knowledge base. The base contains approximately 1,500 comments and observations compiled by Prentice Hall over a period of several years with the help of accountants in large and small practices. The program acts like a second expert opinion and identifies potential problems and their probable causes then recommends actions. It can import files directly from more than 70 different general ledger, write-up and audit workpaper packages, as well as from Lotus 1-2-3, dBase and other common file formats. Client financial data can be transferred to Answers! without re-keying. Once data have been transferred, the program automatically calculates as many as 60 commonly used analytical ratios. It also analyzes data interrelationships and short and long-term trends, as recommended is SAS 56. Both the knowledge base and the ratios and relationships included in the program can be customized through changing or adding information.
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Publication:The National Public Accountant
Article Type:evaluation
Date:Dec 1, 1990
Words:206
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