CaseWare IDEA vs. Jupyter Notebook

One example of specific scenario in [CaseWare] IDEA is the ability to run samples separately and then based off of the results, compare and contrast the values recorded and easily discern if there are any variables or discrepancies within the data itself. Also, we can test journal entries with certain parameters to check the audit for any issues that may arise pertaining to the criteria. By testing, we are able to make sure the data is accurate and sufficient.

Incentivized

Independently Invited by TrustRadius

A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info

I've created a number of daisy chain notebooks for different workflows, and every time, I create my workflows with other users in mind. Jupiter Notebook makes it very easy for me to outline my thought process in as granular a way as I want without using innumerable small. inline comments.

Incentivized

Independently Invited by TrustRadius

A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info

• Easy to understand and easy to use.
• Can use on large quantities of data and quickly analyze them.
• Uses logic that can be followed if one is an auditor. I, for example, could understand the logic in a number of samples, i.e how the number of samples thrown changes when risk changes from low to moderate in proportion taking in consideration the materiality.
• Other audit firms are using 2 software for the process that IDEA alone can do. So IDEA has a definite advantage here.
• Customizable by the company.

• Simple and elegant code writing ability. Easier to understand the code that way.
• The ability to see the output after each step.
• The ability to use ton of library functions in Python.
• Easy-user friendly interface.

Incentivized

Independently Invited by TrustRadius

A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info

• Bit of a learning curve for the advanced features as a beginner.

Incentivized

Independently Invited by TrustRadius

A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info

• Need more Hotkeys for creating a beautiful notebook. Sometimes we need to download other plugins which messes [with] its default settings.
• Not as powerful as IDE, which sometimes makes [the] job difficult and allows duplicate code as it get confusing when the number of lines increases. Need a feature where [an] error comes if duplicate code is found or [if a] developer tries the same function name.

Incentivized

Independently Invited by TrustRadius

A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info

Jupyter is highly simplistic. It took me about 5 mins to install and create my first "hello world" without having to look for help. The UI has minimalist options and is quite intuitive for anyone to become a pro in no time. The lightweight nature makes it even more likeable.

Incentivized

Independently Invited by TrustRadius

A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info

I would rate it a 9 because I never really needed support on this but if I did, there was the necessary support given promptly.

I haven't had a need to contact support. However, all required help is out there in public forums.

Incentivized

Independently Invited by TrustRadius

A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info

I have used Microstart and would definitely vote for IDEA because IDEA combines what Microstart does with the help of one/more softwares. Where Microstart just gives a number of samples, IDEA selects the number of samples based on materiality, risk, and other factors. It selects those samples from the population leaving out line items that are invalid/ zero. I would prefer using IDEA any day.

With Jupyter Notebook besides doing data analysis and performing complex visualizations you can also write machine learning algorithms with a long list of libraries that it supports. You can make better predictions, observations etc. with it which can help you achieve better business decisions and save cost to the company. It stacks up better as we know Python is more widely used than R in the industry and can be learnt easily. Unlike PyCharm jupyter notebooks can be used to make documentations and exported in a variety of formats.

Incentivized

Independently Invited by TrustRadius

A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info

• We were able to save time by over 200 billable hours over our last busy season cycle
• We saved roughly 12% on costs compared to the last program we used.

Incentivized

Independently Invited by TrustRadius

A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info

• Positive impact: flexible implementation on any OS, for many common software languages
• Positive impact: straightforward duplication for adaptation of workflows for other projects
• Negative impact: sometimes encourages pigeonholing of data science work into notebooks versus extending code capability into software integration

Incentivized

Independently Invited by TrustRadius

A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info