CoCounsel Audit & Accounting

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CoCounsel Audit leverages artificial intelligence to streamline and enhance your audit processes.

CoCounsel Tax

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The AI powered assistant that helps your firm navigate client scenarios, and answer technical questions more efficiently.

Audit Intelligence Analyze

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Audit Intelligence Analyze is an AI-powered transaction analysis solution that helps audit professionals evaluate financial data more efficiently, reduce manual testing efforts, and focus attention on areas of greatest risk. Designed for accounting firms and audit teams, the platform applies advanced analytics and AI technologies to streamline transaction analysis and support a more risk-focused audit approach. Traditional audit testing often requires auditors to manually review large transaction populations, identify unusual activity, and select samples for testing. These processes can be time-consuming and may limit the amount of data that can be analyzed during an engagement. Audit Intelligence Analyze automates key aspects of transaction analysis, allowing teams to assess larger data sets and gain deeper insights into client financial activity. The platform helps auditors identify transactions that may warrant additional review, automate sample selection, and prioritize high-risk areas where professional judgment can have the greatest impact. By reducing time spent on routine data analysis, firms can improve engagement efficiency while maintaining confidence in audit quality and outcomes. Audit Intelligence Analyze is particularly valuable for firms looking to modernize their audit methodology through data-driven auditing techniques. AI-powered analysis helps uncover patterns, anomalies, and trends that may be difficult to identify through traditional manual procedures. This enables auditors to make more informed decisions and focus resources more effectively throughout the engagement. Organizations using Audit Intelligence Analyze can benefit from increased audit efficiency, reduced manual testing effort, broader transaction coverage, and greater consistency in audit execution. The solution also supports stronger client service by providing actionable insights and helping firms deliver audits with greater speed and confidence. For firms seeking to leverage AI and analytics within their audit processes, Audit Intelligence Analyze provides a scalable solution that helps teams work smarter, enhance risk assessment, and improve overall engagement effectiveness. LEARN MORE: https://tax.thomsonreuters.com/en/products/audit-intelligence-analyze

Guided Assurance

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Guided Assurance is a cloud-based audit management and methodology solution that helps accounting firms perform audits, reviews, compilations, and preparations more efficiently while maintaining compliance with professional standards. Designed around a guided, risk-based approach, the platform provides firms with the tools, workflows, and methodology needed to improve engagement quality and consistency. Audit professionals must balance quality, compliance, and efficiency while managing increasingly complex engagements. Guided Assurance helps address these challenges by providing structured workflows, automated processes, and embedded guidance that support auditors throughout the engagement lifecycle. The platform helps ensure teams follow a consistent methodology while maintaining visibility into risks, procedures, and documentation requirements. A core benefit of Guided Assurance is its risk-based engagement framework. By helping firms identify and assess risks early in the process, the platform supports more effective planning and execution of audit procedures. Built-in guidance helps auditors focus their efforts appropriately, reducing the likelihood of over-auditing or under-auditing and supporting greater consistency across engagements. The solution also incorporates AI-enabled capabilities that assist with risk identification and engagement analysis. These tools help teams evaluate information more efficiently and focus attention on areas requiring professional judgment. Combined with workflow automation and standardized methodology, Guided Assurance helps firms improve productivity while maintaining audit quality. Guided Assurance is well suited for firms seeking to standardize engagement execution, strengthen quality control processes, and support compliance with evolving professional standards. Cloud-based accessibility enables teams to collaborate effectively regardless of location while maintaining centralized access to engagement information. Organizations using Guided Assurance can benefit from increased efficiency, improved risk management, stronger compliance, and more consistent engagement outcomes. By combining trusted methodology, modern technology, and intelligent workflow guidance, the platform helps firms deliver high-quality assurance services with greater confidence. LEARN MORE: https://tax.thomsonreuters.com/en/products/guided-assurance