Getting Started with CCH Axcess AutoCheck

AutoCheck provides industry-specific checklists that can help ensure that you provide all the necessary disclosures while preparing financial statements. To use these checklists, you first answer a series of tailoring questions. AutoCheck then dynamically adds and refines the disclosure checklists based on your answers.

The basic workflow for using AutoCheck is as follows:

1. Add your client. Each client corresponds with a single financial statement.

   Note: This step is not applicable for firms who use AutoCheck along with CCH Axcess™ Knowledge Coach. For these firms, checklists are linked to engagements that are managed in Knowledge Coach. See the Knowledge Coach Help for more information.

2. Add checklists for the client. For most industry-specific financial statements, you will add both the U.S. GAAP checklist and an industry-specific checklist.
3. Begin work on the financial statement. In AutoCheck, you will perform these tasks as the financial statement work proceeds:
   1. Update the checklist's status to indicate that work has started.
   2. Answer the tailoring questions in each checklist. When you submit your answers, AutoCheck will add more tailoring questions and disclosure checklists as needed.

      Note: Tailoring questions must be completed and any diagnostics resolved before you can update the disclosure checklists.

   3. Update the disclosure checklists while you compile the financial statement.
   4. Review and resolve any diagnostics before completing the audit to ensure all requirements are met.
   5. Sign off on the client's checklists when all the necessary requirements outlined in the checklist have been met and the diagnostics resolved.
4. Update the checklist's status to indicate that work has been completed.
5. Roll forward the checklist for a future financial statement.