Thomson Reuters Updates Audit Guides and Practice Aids

Thomson Reuters has released the 2015 editions of its series of audit guides and related practice aids.

The guides included checklists incorporating all new and revised disclosure requirements issued by the Financial Accounting Standards Board. They can be used for commercial entities, nonprofit organizations, local governments, employee benefit plans and other areas.

One of the updated offerings, PPC’s SMART Practice Aids—Disclosure, provides a financial statement disclosure and preparation tool that eliminates the mechanical effort of navigating and completing disclosure checklists, enabling users to create a streamlined disclosure checklist, view highlighted new or changed disclosure requirements, link to content-specific guidance on Thomson Reuters Checkpoint for research, create firm libraries of approved note disclosures as needed, and more.

PPC’s SMART Practice Aids—Disclosure is part of the SMART Audit Suite. It can be used separately or with other modules in the suite.

For more information, click here.