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CoCounsel Audit & Accounting website preview

CoCounsel Audit & Accounting

From Thomson Reuters

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AI Software Product · AI audit · AI Governance & Assurance

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  • Directory-only

Ranking status: Directory listing

CoCounsel Audit & Accounting is Thomson Reuters' AI assistant for audit and accounting professionals. It lets staff research authoritative sources such as Checkpoint, FASB, GASB and AICPA guidance and get cited answers in minutes, draft memos for significant unusual transactions with ASC support, and document conclusions for manager, partner and peer review. Guided templates and agentic AI standardise multistep audit, preparation, compilation and review tasks, including governmental, nonprofit and industry-specific engagements, in one workspace integrated with firm systems.

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Category: AI audit · Thomson Reuters

TrustMark reading

Where this product sits

CoCounsel Audit & Accounting is classified as AI audit. Control reviews of models, agents and use-cases: sampling of prompts and outputs against an AI control framework. Jobs: prompt/output sampling; control-framework findings; issue tracking for model systems.

Buyers typically come to AI audit because internal audit cannot evidence model systems with a repeatable generation sample. Classification is not a finding that this product solves that job.

This is TrustMark's classification reading for buyers comparing AI audit products. It is not an Assurance Score, certificate, or ranked position.

What it is

Product classification

AI Software Product

CoCounsel Audit & Accounting is Thomson Reuters' AI assistant for audit and accounting professionals. It lets staff research authoritative sources such as Checkpoint, FASB, GASB and AICPA guidance and get cited answers in minutes, draft memos for significant unusual transactions with ASC support, and document conclusions for manager, partner and peer review. Guided templates and agentic AI standardise multistep audit, preparation, compilation and review tasks, including governmental, nonprofit and industry-specific engagements, in one workspace integrated with firm systems.

AI audit · AI Governance & Assurance

What it does

How this product is used

Capabilities
Not specified
Sectors
Cross-industry / not specified
Deployment
Not specified
Autonomy
ASSISTIVE
Data exposure
Not specified

Verified claims

What has been independently checked

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Supplier-provided information

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What the vendor’s website says · supplier-provided, not verified evidence

CoCounsel Audit & Accounting is Thomson Reuters' AI assistant for audit and accounting professionals. It lets staff research authoritative sources such as Checkpoint, FASB, GASB and AICPA guidance and get cited answers in minutes, draft memos for significant unusual transactions with ASC support, and document conclusions for manager, partner and peer review. Guided templates and agentic AI standardise multistep audit, preparation, compilation and review tasks, including governmental, nonprofit and industry-specific engagements, in one workspace integrated with firm systems.

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Category context

Why buyers look at AI audit

Control reviews of models, agents and use-cases: sampling of prompts and outputs against an AI control framework. Jobs: prompt/output sampling; control-framework findings; issue tracking for model systems.

Internal audit cannot evidence model systems with a repeatable generation sample.

This is category context, not an independent assessment of CoCounsel Audit & Accounting. Vendor-claimed differences are listed above. Assessment results appear only after examination.

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Where to get more information

Other products from Thomson Reuters

  • CoCounsel Claim

    Thomson Reuters CoCounsel is an AI legal assistant integrated with TR legal research and workflow products. Public marketing also emphasises legal research corpus + AI assistant. It is presented for Law firms and corporate legal. CoCounsel is Thomson Reuters's software product, from Thomson Reuters Corporation. Published at legal.thomsonreuters.com. Directory filing: Legal research.

  • Legal Tracker Claim

    Thomson Reuters delivers technology with purpose — empowering professionals to make faster decisions, gain sharper insights, and deliver greater impact. Legal Tracker is Thomson Reuters's software product, from Thomson Reuters Corporation. Published at legal.thomsonreuters.com. Directory filing: Case management. Vendor legal name on this product record: Thomson Reuters Corporation. Legal Tracker is Thomson Reuters's software product, from Thomson Reuters Corporation. Published at legal.thomsonreuters.com. Directory filing: Case management.

  • Thomson Reuters Regulatory Intelligence Claim

    Thomson Reuters delivers technology with purpose — empowering professionals to make faster decisions, gain sharper insights, and deliver greater impact. Thomson Reuters Regulatory Intelligence is Thomson Reuters's software product, from Thomson Reuters Corporation. Published at mena.thomsonreuters.com. Directory filing: Regulatory monitoring. Vendor legal name on this product record: Thomson Reuters Corporation. Thomson Reuters Regulatory Intelligence is Thomson Reuters's software product, from Thomson Reuters Corporation. Published at mena.thomsonreuters.com. Directory filing: Regulatory monitoring.

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