Thomson Reuters Introduces Next-Generation, Cloud-Based Audit Solution

2 November 2016

Thomson Reuters has unveiled Checkpoint Engage, the next-generation online audit solution providing auditors with new and innovative ways to streamline their audit workflow.

Thomson Reuters Checkpoint Engage enhances our trusted engagement process and risk-based design by enabling real-time, cloud-based collaboration across the entire audit engagement. It provides anytime, anywhere access, ensuring that profit-killing version control issues are a thing of the past. Checkpoint Engage delivers a highly efficient audit approach, utilizing intuitive tools to help users obtain trusted answers and build customized audit programs based on identified risks and assertions. Unnecessary steps are eliminated so that audit teams focus their energy on high-risk areas.

“With Checkpoint Engage, we will be able to fill out our documents online in real time and store the information in the cloud. We never have to worry about losing our data,” said Abba Blum, partner and vice president of MN Blum, LLC. “When we go to do next year’s work, it’s already there. It will automatically roll over. That could save us 20 to 25 percent of the time in our planning stage, which is a significant component of our audit budget.”

“Checkpoint Engage provides accessibility and mobility by bringing engagements to the cloud. This allows our staff to work from anywhere — whether that is at home or in another office,” said Fran Adler, audit supervisor with Miller Kaplan. “It’s integrated with Thomson Reuters AdvanceFlow, which allows work to flow seamlessly and makes our life and audit procedures easier.”

Checkpoint Engage and Thomson Reuters AdvanceFlow, our professional audit management software from CS Professional Suite, provide a completely integrated cloud-based solution. This comprehensive solution increases accuracy and collaboration and simplifies the audit process from start to finish.

“Checkpoint Engage is truly revolutionary. Nothing like it has ever been widely available across the entire profession,” said Scott Spradling, CPA, vice president, audit and accounting segment with the Thomson Reuters Tax & Accounting business. “Checkpoint Engage brings the profession into a new age with a comprehensive, fully online, fully integrated audit solution. And it’s only the beginning. This new platform allows Thomson Reuters to continue adding powerful online tools that auditors will need to audit well and audit profitably.”

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