Thomson Reuters Launches Next-Generation Of CoCounsel Tax, Audit & Accounting, A Fully Agentic AI Platform Built For Professional Workflows

The next generation of CoCounsel Tax, Audit & Accounting plans the work, applies the correct authority, and delivers a finished result professionals can review and trust.

TORONTO, Oct. 22, 2026 /CNW/ -- Thomson Reuters (NASDAQ:TRI), a global content and technology company, today launched the next generation of CoCounsel Tax, Audit & Accounting, a fully agentic AI platform built for tax, audit and accounting professionals who have been waiting for AI that completes the work and delivers results they can trust. The platform moves from source documents and client data to finished, defensible work product within a single workflow, with professional judgment guiding every step.

While many AI tools can now write and run code, precision alone doesn't make professional work correct. Tax and audit work is full of judgment calls: which rule applies, how a client's specific facts should be interpreted, what authority governs a given period. The next generation of CoCounsel Tax, Audit & Accounting is built to get that judgment right, grounding every calculation in the correct authority and carrying that reasoning through to a finished result, with enough visibility into how it got there that a professional can validate the work with confidence.

For tax, audit and accounting professionals, that means faster execution without sacrificing the quality of the result. By reducing manual effort and standardizing how work gets done, CoCounsel frees tax, audit and accounting teams to increase capacity, take on more complex, higher-value work, and focus on the strategic work that used to get crowded out by manual execution.

CoCounsel Tax, Audit & Accounting is built on the CoCounsel platform, alongside leading tax applications from Thomson Reuters, including Ready to Review and Ready to Advise. New capabilities and features will be added over time, connecting directly with the tools tax, audit and accounting teams already use so each addition arrives inside existing workflows. It's built on a multi-model strategy, so customers are always working with the optimal model for the task, no matter how the technology changes. As it evolves, it will remain grounded in authoritative sources, including the Thomson Reuters accounting research engine, Checkpoint, which holds more than 12 million primary source and proprietary analytical documents that are expertly maintained and kept current by hundreds of experts, including CPAs and tax attorneys. It will also always meet the Thomson Reuters Fiduciary-Grade AI™ standard, giving tax, audit and accounting professionals the transparency and confidence the work demands.