Audit firms are standing at a crossroads. On one side: tight deadlines, shrinking capacity, evolving standards, and clients who expect more insight in less time. On the other side: rapidly expanding automation and AI tools that are powerful, yet disconnected from the methodologies auditors rely on to ensure quality, documentation, and compliance.
It’s no wonder audit leaders are cautious. As Dave Wyle, General Manager of Audit at Thomson Reuters, puts it:
“Firms want to modernize, but not at the expense of quality, documentation, or compliance.”
That’s precisely why this partnership matters.
Crunchafi is partnering with Thomson Reuters to bring PPC methodology into the next generation of AI-enabled audit automation. And we’re starting with one of the most time-consuming, error-prone areas for firms today: lease accounting.
A Crunchafi integration, Thomson Reuters’ Guided Assurance will enable audit teams to automate entire lease procedures inside PPC-based workflows. No new tools to juggle, no new processes to adopt, no disruption to how auditors already practice. Just faster work, more accurate outputs, and airtight documentation aligned with the methodology firms already trust.
For decades, firms have relied on PPC methodology to guide high-quality, well-documented audit work. It’s the backbone of audit consistency across firms of all sizes, geographies, and industries.
Thomson Reuters is doubling down on that foundation.
As Wyle explains:
“Our vision for AI in auditing starts from that foundation. By embedding PPC directly into Guided Assurance and partnering with innovators, we’re automating key steps of the methodology itself – not changing it.”
This ecosystem approach ensures that as new technologies emerge, firms stay grounded in the frameworks that protect audit quality and withstand peer review and regulatory scrutiny.
Crunchafi’s integration will be a powerful step in that direction. Lease accounting has become one of the most complex and resource-intensive parts of many audit engagements. By embedding Crunchafi’s audit automation capabilities inside Guided Assurance, auditors can eliminate the burden of manual lease calculations while preserving firms’ established methodologies.
At the heart of this partnership is one clear goal: give audit teams a faster, more reliable way to complete lease accounting-related procedures, from initial testing all the way through final documentation.
Crunchafi delivers fully automated, audit-ready outputs for the procedures firms often spend hours on:
As Crunchafi CRO Mike Cooke puts it:
“Audit teams want efficiency without sacrificing quality. By aligning Crunchafi’s automation with the PPC Methodology, we’re giving firms a clearer, more reliable way to handle lease accounting from the start of the engagement to the final deliverable.”
Here’s how the integration will work:
For Guided Assurance users
For Engagement Manager users
For Legacy PPC Users
CPA firms need automation that strengthens their audit quality and scales across engagements. The integration delivers that through five key benefits:
Eliminate manual lease calculations. Crunchafi will be integrated directly into PPC/Guided Assurance, delivering audit-ready outputs without changing your methodology. Spend less time on tedious tasks, more time on judgment.
Go beyond simple task automation for CPA firms. Crunchafi streamlines complex audit procedures, enhancing quality and consistency. Free up your team to focus on strategic analysis, not repetitive checks.
Crunchafi is part of a new generation of audit technology, signaling a broader industry shift towards intelligent automation for CPA firms. Align with industry best practices and future-proof your audit process.
Transform your audit approach. Crunchafi bridges traditional compliance with modern, efficient automation for CPA firms, allowing you to build value for clients, not manual work. Simplify complex processes with ease.
Address immediate lease accounting challenges and lay the groundwork for broader audit efficiency. Crunchafi offers a scalable solution, ensuring you can expand automation as your needs evolve.
Crunchafi’s Thomson Reuters integration is here to shape a more intelligent audit ecosystem that honors the profession’s standards while preparing firms for the future.
Thomson Reuters provides the trusted methodology. Crunchafi provides the automated engine that elevates it.
Together, we’re advancing a vision for audit automation that is:
It’s a partnership that gives firms confidence to adopt audit automation without fear that quality or methodology will take a backseat.
Lease accounting is just the beginning. By addressing one of the most resource-heavy workflows firms face, Crunchafi helps audit teams build momentum, efficiency, and confidence in AI-enabled audit automation.
As the Thomson Reuters ecosystem continues to evolve, firms will be able to scale that automation across broader workflows, creating a more efficient audit environment from planning to final deliverables.
Crunchafi is proud to support that vision.
To learn more about how Crunchafi automates lease procedures inside PPC-based workflows and how it can support your firm, click here. You can also check out how Crunchafi’s suite of products helps audit teams simplify their processes. If you’re ready to see Crunchafi in action, schedule a demo.
