In July we shipped the Agentic Disclosure Checklist. Today we're announcing our partnership with Thomson Reuters, making the trusted PPC disclosure checklists available directly within Inscope’s financial statement preparation and review workflow.
We support a broad range of financial reporting and assurance engagements, including non-public and public companies, employee benefit plans, nonprofit organizations, and engagements performed under international standards.
Penny, our AI agent, scopes the applicable disclosures from the financial statement itself, drafts a response to each requirement with rationale, and links every answer back to its source in the financial statements. What was once a separate, largely manual step can now be completed within the financial statement preparation and review workflow.
"Firms rely on PPC's disclosure checklists because the guidance is authoritative and kept current. Bringing that content directly into the financial statement preparation and review workflow gives professionals access to it at the point the work is happening.” - David Ragones, Head of Product - Direct Tax & Audit, Thomson Reuters.
The disclosure checklist is an important part of a firm’s financial statement review process. It helps teams identify missing disclosures and documents the work performed before the financial statements are issued.
Different firms rely on different standards. Some have trusted Thomson Reuters PPC disclosure checklists for years. Others have built their own checklists and firm-specific guidance over decades.
Penny can work with Thomson Reuters PPC content, your firm’s own guidance, or Inscope’s templates - scoping the applicable requirements, drafting responses, and linking those responses directly back to the financial statements.
The result is a disclosure review process that’s more connected to the financial statements and far less manual. The Thomson Reuters PPC disclosure checklists are available in Inscope today.
If your team already relies on PPC disclosure checklists, we’d love to show you that workflow.
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