AGH chooses Thomson Reuters for its innovation in audit solutions

TORONTO, November 21, 2024 – Thomson Reuters (TSX/NYSE: TRI), a global content and technology company, today announced that it has signed Allen, Gibbs & Houlik, L.C. (AGH) as a new customer of Cloud Audit Suite. This collaboration will provide AGH with future-ready solutions for audit efficiency and a streamlined workflow.

Mark Schmelzle, senior vice president at AGH, said: “Thomson Reuters is paving the way with AI technology built upon an already established product. Compared to other vendors in the market, I appreciate that Thomson Reuters is thinking ahead and incorporating other tools that we use to make them compatible with their software today. It’s an open ecosystem, which gives us the flexibility to bring everything together and have one efficient process.”

AGH anticipates Cloud Audit Suite will bring time savings and attract recent graduates. “What I'm most excited about is some of the new features with Audit Intelligence, specifically Analyze. These innovative solutions are attractive to our current staff and new recruits coming from universities,” Schmelzle added. “While our previous process was sound, we think the innovation will deliver greater efficiencies.”

The Audit Intelligence launch is the latest way that Thomson Reuters brings AI technology to the most trusted audit methodology. Auditors can rely on Thomson Reuters to transform the audit industry in a practical manner and advance their practice with data-driven audits.

Dave Wyle, general manager of Audit at Thomson Reuters, said: “We are proud to be helping AGH achieve the efficiency gains they are striving for in their audit workflow. Cloud Audit Suite can offer AGH the breadth of industry types they need, housed in an innovative and modern solution. As a forward-thinking practice, AGH is also keen to leverage the benefits that AI can bring for their firm. Thomson Reuters is uniquely positioned to help them achieve those goals with our AI-powered Audit Intelligence suite.”

Thomson Reuters

Thomson Reuters (TSX/NYSE: TRI) (“TR”) informs the way forward by bringing together the trusted content and technology that people and organizations need to make the right decisions. The company serves professionals across legal, tax, accounting, compliance, government, and media. Its products combine highly specialized software and insights to empower professionals with the data, intelligence, and solutions needed to make informed decisions, and to help institutions in their pursuit of justice, truth, and transparency. Reuters, part of Thomson Reuters, is a world leading provider of trusted journalism and news. For more information, visit www.tr.com.

AGH

Allen, Gibbs & Houlik, L.C. is based in the U.S., but the firm’s reach and the access to expertise offered to its clients is global. Since planting its roots more than 80 years ago through its predecessor firm, AGH has grown into one of the largest CPA and advisory firms in the central U.S. While the firm's tax and audit services remain traditional strengths, AGH leadership has created numerous new services and products based on identified client needs. An entrepreneurial, innovative approach to creating business solutions for clients characterizes AGH.

Contact
Kirsty Bennett
Director, Customer and Product PR
kirsty.bennett@thomsonreuters.com