CaseWare International Inc. develops software for accounting, audit, finance, risk and governance professionals.

History

CaseWare International started in 1988, when founder and chartered accountant, Dwight Wainman, expanded his accounting practice and developed software tools to make taxation and reporting of auditing and financials easier for accountants and auditors. In April 2000, CaseWare International Inc. acquired all rights to Interactive Data Extraction and Analysis (IDEA) data analysis software from the Canadian Institute of Chartered Accountants (CICA). The CICA originally licensed IDEA from the Office of the Auditor General of Canada (OAG) in 1986 for commercial development. The first version of IDEA started as a prototype developed by the Office of the Auditor General of Canada (OAG) in 1984. CaseWare International Inc. then formed CaseWare IDEA Inc., a wholly owned subsidiary, to continue to develop and market IDEA globally. In 2010, CaseWare IDEA acquired SymSure Limited http://www.symsure.com, a continuous monitoring and continuous auditing software company.

Lawsuit

On March 9, 2009, CaseWare International Inc. filed a lawsuit in the U.S District Court for the Southern District of Texas, Houston, to enforce its IDEA® trademark, claiming it was infringed by the United States Securities and Exchange Commission (SEC). At the time, the SEC had plans to rename their electronic data gathering system, commonly known as EDGAR, to the name IDEA. CaseWare International Inc. eventually dismissed its civil suit as the SEC agreed to permanently discontinue the use of the IDEA® trademark.

See also

• CAATTS
• XBRL
  XBRL
  XBRL is a freely available, market-driven, open, and global standard for exchanging business information. XBRL allows information modeling and the expression of semantic meaning commonly required in business reporting. XBRL is XML-based...
  
  
• Continuous monitoring
  Continuous monitoring
  Continuous monitoring is the process and technology used to detect compliance and risk issues associated with an organization's financial and operational environment....
  
  
• Continuous Auditing
  Continuous auditing
  Continuous auditing is the independent application of automated tools to provide assurance on financial, compliance, strategic and operational data within a company. Continuous auditing uses a set of tools to assure the internal control system is functioning to prevent fraud, errors and waste...
  
  
• International Financial Reporting Standards (IFRS)
• Generally Accepted Accounting Principles (GAAP)
  Gaap
  In demonology, Gaap is a mighty Prince and Great President of Hell, commanding sixty-six legions of demons. He is, according to The Lesser Key of Solomon, the king and prince of the southern region of Hell and Earth, and according to the Pseudomonarchia Daemonum the king of the western region and...
  
  
• International Auditing and Assurance Standards Board (IAASB)

External links

• CaseWare Trademark Dispute with the SEC over IDEA Trademark