Trullion and Thomson Reuters: AI-Powered Financial Statement Review Integrated with the Audit Workflow

Trullion, the Auditable AI platform for the next generation of accounting, today announced the launch of its product integration with Thomson Reuters, a global content and technology company. Audit firms using Thomson Reuters Guided Assurance can run Trullion’s AI-powered financial statement validation without leaving their existing workflow.

Trullion’s Financial Statement Review is natively integrated with Thomson Reuters Guided Assurance. Guided Assurance flags the statements that need review, Trullion runs the checks, and a completed workpaper with PPC citations lands back in Thomson Reuters Engagement Manager. It is a seamless, fully integrated workflow from flagging to sign-off, eliminating the need to jump between applications or handle multiple logins. Auditors get Trullion’s AI financial statement validation capabilities built into the Thomson Reuters workflow they already use.

What Trullion Automates Inside the Workflow

Manual financial statement review involves three categories of work that are time-intensive, error-prone, and largely procedural. The integration automates all three with a full audit trail:

• Math and consistency checks. Footing, cross-footing, and internal consistency across the financial statements are validated automatically, with a recalculation trail that auditors can inspect.
• Version and prior-year comparisons. Draft-to-draft changes and year-over-year movements are surfaced automatically, so reviewers spend time evaluating what changed rather than finding it.
• Statement structure validation. Schedule totals, subtotals, and disclosure consistency are checked against the document’s own internal logic.

Every output is a review-ready workpaper with PPC citations, backed by an audit trail that shows the recalculation and the rationale. The audit trail is embedded in every workpaper, showing what was checked, how, and against what source.

Why This Matters for Audit Firms

Financial statement review is one of the last manual holds in an otherwise modernizing audit workflow. Firms running PPC methodology have invested in Guided Assurance because it structures and accelerates fieldwork. This integration addresses a critical gap by automating the detection of math errors, version discrepancies, and disclosure inconsistencies, improving audit efficiency and quality.

Every audit output is returned to the Engagement Manager with a full audit trail built into the architecture, with recalculations cited and traceable. Fast, reliable, and defensible execution is at the heart of Trullion’s approach to AI-backed audit. The AI handles the procedural work, while the auditor reviews the output and can trace every step back to the source. The human stays in the loop while the evidence stays in the workpaper.

Mike Reynolds, Partner in Bennett Thrasher’s Financial Reporting & Assurance practice, reflected on the partnership:

“To stay competitive in our rapidly evolving profession, Bennett Thrasher leverages strategic partnerships with best-in-class technology platforms to meet the needs of our clients and our people. Partnerships drive increased efficiencies while enhancing the effectiveness of our audit procedures.

Trullion and Thomson Reuters have consistently delivered on the vision, responsiveness, and execution necessary to solve for these key components that differentiate market-leading solutions.

Until recently, one thing that has been missing across the industry is the lack of integration and collaboration between vendors despite firms continuously asking for streamlined workflows to fully unleash their tech stacks. The recent partnership between Trullion and Thomson Reuters breaks this mold.

Trullion’s financial statement validation capabilities available from Thomson Reuters Guided Assurance creates a fully integrated, AI-powered workflow, reducing friction throughout the entire financial reporting quality control process. We know this is just the tip of the iceberg of what this partnership can unlock and we are excited to see what comes next.”

Availability: Firms already using Guided Assurance can access Trullion through their existing Thomson Reuters environment. An additional Trullion subscription is required. Learn more here.