Thomson Reuters Launches AI Powered Automated Audit Testing Solution
What Happened
Thomson Reuters unveiled the Audit Intelligence Test, a new automated audit testing platform targeting tax and accounting professionals. The tool leverages artificial intelligence to automate key audit procedures, reduce manual work, and improve the precision of audits. Developed to meet growing industry demands for faster and more reliable audits, Audit Intelligence Test is designed to integrate seamlessly with existing workflows and assist professionals worldwide in efficiently verifying financial statements and ensuring regulatory compliance.
Why It Matters
The launch of Audit Intelligence Test signals a shift toward greater automation in the auditing sector, accelerating digital transformation for financial services. By leveraging AI, firms can perform audits more accurately while reducing error risk and manual workload. This advancement highlights the growing impact of intelligent automation across professional services and may set new standards for audit practices globally. Read more in our AI News Hub