Thomson Reuters has introduced Checkpoint Edge with CoCounsel, a chabot assistant which adds GenAI capabilities to tax research.
Tax professionals can conduct research by asking CoCounsel questions in everyday language. The chat interface means research can be conducted by users of all skill levels by synthesizing answers from pertinent sources. Answers include links to Checkpoint Edge editorial content and source materials.
Nancy Hawkins, Thomson’s VP of product management, research, pointed to accountants lacking legal training to interpret legislation while the profession’s workforce is shrinking.
“That is why a GenAI-powered solution has the power to transform the profession, Hawkins said in a prepared statement. “GenAI enables accountants to get it right,”
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards. Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that. A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind
