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Guided Assurance features

Streamline your assurance engagements

Ensure you comply with standards throughout your engagements with in-application guidance from Guided Assurance

Time-saving tools

Quickly move through the engagement process with built-in guidance and AI-powered capabilities, including integrated partners offering best-in-class automated capabilities.

Integrated partners

Automate complex procedures such as lease accounting, financial statement review, and proof of cash through integrated partners, including Crunchafi, Trullion, and Audit Sight.

Risk assessment

See how your firm’s identified risks stack up to similar industry engagements using the AI-powered risk identification feature.

Setup questions

Answer a few questions about your engagement and Guided Assurance will automatically tailor it and remove unnecessary forms and programs.

Enhanced disclosure review

Reduce audit risk with AI that automatically identifies disclosures in financial statements and maps them to checklist requirements.

Experience significant time savings with an automated and guided engagement process

Have questions? Contact a representative.

Leading methodology

Boost your expertise with audit guides loaded with practical considerations, real-life examples, time-saving checklists, and practice aids.

Universal compatibility

Bring together the gold standard in audit methodology with the engagement manager of your choice. Guided Assurance offers a PPC file format to gain the benefits of our cloud-based methodology with automatic updates and the flexibility to work from any engagement manager.

PPC methodology

By embedding PPC directly into Guided Assurance and partnering with AI innovators, Thomson Reuters is automating key steps of the methodology itself — not changing it — so you can move faster while staying grounded in the trusted frameworks that support peer review and regulatory scrutiny.

Editorial process

Get the guidance you need from a trusted source. The depth and breadth of Guided Assurance content surpass other providers, built on a reliable foundation of over 500 combined years of industry and public accounting experience, 20 in-house CPA editors, and 70 external expert authors.

An audit methodology backed by experienced editors and authors to ensure you pass peer review

Have questions? Contact a representative.

Single Audit workflow automation

Access a cloud-based application that guides you through an automated process to overcome the complex, challenging, and ever-changing single audit requirements.

Single Audit

Only Guided Assurance Single Audit contains the Office of Management & Budget’s (OMB) Uniform Guidance and Compliance Supplement requirements. An in-house team of expert CPAs and nationally recognized external authors supports it, leveraging prior-year inputs to help you comply with current standards.

SEFA support 

Compiles data needed for Schedule of Expenditures of Federal Awards (SEFA) report.

Guided process 

Automates the process of identifying major programs and provides step-by-step guidance.

OMB Compliance Supplement 

Embeds the current OMB Uniform Guidance and Compliance Supplement requirements.

Awards tracking

Tracks and stores awards, expenditures, and the last time a program was audited as major.

Cloud based 

Delivers the flexibility to work from anywhere and complete audits online — from one platform.

Staff collaboration

Allows multiple staff to collaborate in the same engagement at the same time with real-time updates.

A complete, online process to keep your single audits efficient and compliant

Have questions? Contact a representative.

Teamwork management

Manage your team and engagements effortlessly. Auditors and managers can simultaneously sign off on multiple procedures, quickly check all engagement overviews, and identify missing answers.

Design view

Prevent delays by identifying which procedures need to be checked out and sign off on multiple procedures at the same time with the Guided Assurance design view.

Status dashboard

Monitor your team's progress and move seamlessly between engagements. The status dashboard offers managers an overview of different audit areas, making it easy to oversee multiple engagements simultaneously.

Diagnostics

Identify missing answers and avoid unnecessary delays. The diagnostics feature shows where an answer might have been missed and provides a hyperlink to corresponding forms to help you complete the engagement.

Turn up your team's efficiency by managing engagements within Guided Assurance

Have questions? Contact a representative.

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