No, that is incorrect.Actually reform Jews believe in the Talmud.
I am happy to share what Jewish believe but not to debate what they are with those who have no knowledge about Judaism other than what they find on sites that utterly distort them for their own sordid purposes.
No they dont. They do not accept Torah she bal peh.
They don't accept Torah she b'ksav either but thats another issue.
There is no other Torah. That's both of them.
They accept them. They just don't follow them as strictly as the conservative and orthodox. They modernize them.
Here is a link that gives an overview of what Reform believes.
My Jewish Learning: Reform Halakhic Texts