Kemper CPA selects Thomson Reuters to increase audit efficiency

TORONTO, September 25, 2024 – Thomson Reuters (TSX/NYSE: TRI), a global content and technology company, today announced that it has signed Kemper CPA Group LLP (“Kemper”) as a new customer of Cloud Audit Suite. This collaboration will streamline Kemper’s audit workflow, boost efficiency and support compliance with industry standards.

Cloud Audit Suite, trusted by more than 17,000 firms, combines Thomson Reuters leading audit technology with established methodology. Kemper selected the technology to bring the firm increased efficiency, while retaining the confidence of using a familiar methodology.

Ron Halter, director of Quality Control at Kemper, said: “Speed is a big reason for our shift with the ability to preview documents instead of waiting too long for a disclosure checklist to open. Now we can see the workpaper immediately to sign off confidently. The other huge benefit we see is the fact that the Thomson Reuters practice aids fully integrate with our trial balance solutions, so we have a more dynamic risk assessment process and tailoring of the audit programs to that risk assessment. A goal of ours is to run our practice on the latest tech and it’s clear Thomson Reuters is investing in its audit solutions, which was another key draw for our firm.”

Thomson Reuters is prioritizing innovation to guide the future of audit, and the company recently announced the launch of Audit Intelligence. This new suite of AI-powered, data-driven audit solutions is designed to transform audit practices by reducing errors and enhancing confidence, while enabling auditors to realize efficiency gains.

Kemper has their sights set on reducing time spent on each engagement so staff can maintain a better work life balance. Making this recent switch to Thomson Reuters will improve their current processes and set them up for the future to take advantage of this latest audit technology – all of which works with the firm’s audit workflow.

Dave Wyle, general manager of Audit at Thomson Reuters, said: “We are proud that Kemper CPA has selected Thomson Reuters to automate its audit workflow, improve work-life balance, and ensure the continued delivery of high-quality client services. The Cloud Audit Suite is uniquely positioned to provide these benefits because it combines the broadest array of industry content and robust workpaper and trial balance functionality with the AI-powered automation of our Audit Intelligence suite. By applying data-powered AI to the audit process, Kemper will be able to reduce risk and deliver greater insights, all while reducing its time and costs.”

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 tr.com.

Kemper CPA Group

Since 1958, Kemper CPA Group provides high quality professional services to privately held companies, nonprofit organizations, governmental entities, and employee benefit plans. With more than 350 highly skilled partners and staff in 27 offices throughout Indiana, Illinois, Kentucky, and California, the firm offers accounting, auditing, and consulting services, as well as specialized services such as medical practice management, technology consulting, payroll services, and wealth management.

Contact

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