Experience the suite
The Cloud Audit Suite offers the advantage to work from anywhere, collaborate with colleagues in real time, and securely access your audit data
THOMSON REUTERS Cloud Audit Suite: This infographic describes how the suite of audit technologies works together, as the premier online solution for efficient and accurate audits.
Give your firm every advantage with an end-to-end audit solution, including the only true online confirmation service and integration with third-party data analytics. Built on cloud-based technology, the Cloud Audit Suite offers the advantage to work from anywhere, collaborate with colleagues in real-time, and securely access your audit data.
Audit engagement is depicted as having 5 cyclical phases that lead one to the other, so that the last step restarts the first step in a cycle.
The five phases are:
1. Engagement management
Power your audit workflow with Thomson Reuters AdvanceFlow, a comprehensive engagement management tool that offers full trial balance capabilities, workpaper management, financial statement reporting functionality, and real-time collaboration.
2. Audit methodology
Experience a guided engagement process, including detailed assistance at the point in time it’s needed with Checkpoint Engage, an automated and risk-based methodology to perform audits, reviews, compilations, and preparation.
3. Specialized audit consulting
Let your firm focus on what it does best and rely on AuditWatch to provide leading experts that train and consult on everything audit-related from standards to methodology and processes.
4. Secure confirmations
Easily send online confirmations to anyone, anywhere in the world, eliminating traditional methods that are prone to error, even fraud. Only Thomson Reuters Confirmation provides a global network of validated responders that guarantee you a response.
5. Research and guidance tool
Find answers quickly with embedded research and professional standards using Checkpoint® Edge, available throughout your engagement process and powered by AI technology.
Are you ready to experience the most used modern technology solution for audit? Contact us at 800-968-8900 or at tax.tr.com/audit-in-the-cloud