September 10, 2013

Thomson Reuters Acquires the Continuing Professional Education (CPE) and CPA Test Preparation (CPA) Division of Bisk Education, Inc.

Expands learning offerings as most comprehensive solution in tax and accounting market

NEW YORK - The Tax & Accounting business of Thomson Reuters has acquired the continuing professional education and CPA test preparation division of Bisk Education, Inc., one of the largest providers of online education from America’s leading universities.

Bisk Continuing Professional Education and Test Prep’s primary offerings include CPEasy, a comprehensive set of CPE courses and subscription packages that enable CPAs to maintain licensure, and CPA Review, which covers the four areas tested in the CPA exam.

The acquisition of Bisk Continuing Professional Education and Test Prep will expand and complement the current Thomson Reuters Checkpoint Learning solution with the addition of more than 300 online CPE courses and more than 100 webinars. The combined product line advances Thomson Reuters strategy to provide customers the most comprehensive set of learning solutions available in the tax and accounting marketplace.

“Bisk Continuing Professional Education and Test Prep will be managed as a key product line of Thomson Reuters Tax & Accounting Learning Solutions business,” said Ken Koskay, vice president of Learning Solutions, Thomson Reuters. “We’re excited that the Bisk product line includes a suite of CPA Review products that have not previously been available from Checkpoint Learning.”

“We welcome the Bisk Continuing Professional Education and Test Prep teams and their customers into the Thomson Reuters family,” continued Koskay. “The addition of the employees dedicated to this business will bring critical talent, knowledge, and expertise to Thomson Reuters.” The Bisk staff joining Thomson Reuters will continue to be headquartered in Tampa, Fla. Customers should continue to use the same phone numbers and email addresses to reach their company representatives and expect the same high-level of service they are accustomed to receiving.

Checkpoint Learning provides CPE compliance tracking, learning management, and curriculum development. Customers can purchase and complete courses individually or as part of a subscription package. Hundreds of online and downloadable courses are available on topics such as accounting, auditing, tax, ethics, management, YellowBook, and specific staff training.

For more information on Checkpoint Learning, visit http://cl.thomsonreuters.com. For more information on Bisk Continuing Education and Test Prep solutions, visit http://www.CPEasy.com and http://www.CPAExam.com.

Terms of the agreement were not disclosed.


Thomson Reuters

Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial and risk, legal, tax and accounting, intellectual property and science and media markets, powered by the world's most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs approximately 60,000 people and operates in over 100 countries. For more information, go to www.thomsonreuters.com.