AI for external audit, internal audit, and assurance — risk assessment, evidence review, sampling, workpapers.
Blake Oliver examines how Thomson Reuters is responding to ChatGPT's threat to specialized legal and accounting software, revealing an unexpected strategy that defies Silicon Valley predictions.
The Accounting Podcast examines how AI could enable single-person audit practices, explores AI-powered continuous audits, and covers Mercury's new GL—plus practical guidance on documenting workflow...
Thomson Reuters integrates Suralink collaboration platform with CoCounsel Tax, Audit & Accounting to automate client engagement in audit workflows.
The Accounting Podcast explores Claude Cowork completing two business tax returns while catching software errors, plus EY's $100M staff bonus, Deloitte's $21M DEI settlement, and the shift toward o...
Intuit's TurboTax faces customer defection over pricing while Thomson Reuters develops its own tax-and-legal AI model; industry debate heats up on whether AI automates or augments tax prep expertise.
Michael Burry flags potential GAAP loopholes in Nvidia's $500 billion financing structure backed by Apollo, BlackRock, Blackstone, and others, raising concerns about accounting transparency that sh...
Verito positions Truss as a faster, cheaper alternative to Thomson Reuters' SafeSend/SurePrep for UltraTax firms, requiring migration from Virtual Office CS hosting.
Thomson Reuters uses Anthropic's Claude to build AI systems for high-stakes legal, tax, and compliance work, addressing accuracy and safety needs in professional services.
Modus secures $85M in funding to deepen partnerships with audit-focused accounting firms and accelerate technology development.