Thomson Reuters Kicks off Annual Users’ Conference for Professional Accounting Firms

WASHINGTON, D.C., October 29, 2010—Yesterday, the Tax & Accounting business
of Thomson Reuters demonstrated the new Mobile CS smartphone application, new
UltraTax CS enhancements, and collaboration capabilities of Accounting CS at
its 30th Annual Users’ Conference for Professional Tax and Accounting
Firms.

“The customer base of the tax and accounting profession is beginning
to see the impact of demographic shifts, as is the staff pool of the firm’s
we serve today,” said Teresa Mackintosh, CPA.CITP, senior vice president
and general manager, Americas–Professional. “Applications like Mobile
CS show how we’re working to meet the demands of a new generation of tax
and accounting professionals and clients who expect information to be available
anytime, anywhere.”

In a joint keynote presentation to the nearly 1,000 participants, Mackintosh
and Jon Baron, president, Americas, Tax & Accounting, discussed how mobile
and cloud technology tools will be essential in the effort to make tax and accounting
services relevant to a new generation of clients, as well as lowering operating
costs, increasing productivity, and raising service levels.

Baron demonstrated the new Mobile CS application, showing how the new app gives
Practice CS users access to key firm and client data on the go. He also indicated
the future direction of a series of mobile technology advances the company has
under development for clients of firms and alluded to how multi-touch technology,
a staple of new devices, would begin to take shape in future development plans
for CS Professional Suite and Enterprise Suite products.

Mackintosh introduced new UltraTax CS and Accounting CS enhancements that specifically
help firms engage Generation X and Generation Y customers and help firms take
advantage of the tremendous opportunity for growth these generations represent.
She also demonstrated the powerful accountant-client collaboration capabilities
made possible by the single-database architecture of Accounting CS–delivering
on the promise of seamless connectivity between the firm’s accounting
system and the client’s accounting system.

The professional firm conference began on Oct. 27 and includes three days of
hands-on training, technology demonstrations, discussion of new ideas and insights
in the tax and accounting profession, and workshops led by the profession’s
sharpest minds. The conference will help tax and accounting professionals gear
up for the future—and earn thousands of combined hours of CPE credit along
the way.

More information at CS.ThomsonReuters.com/UC.

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