A&A news from around the web: March 26 – 30, 2018

Written on Mar 27, 2018

Job disruption is quickly coming to accounting, too
Automation, AI and robotics are changing the skills and the skill level required of employees in many industries, including retail, transportation, and manufacturing. The accounting profession is experiencing similar changes, and the pace and pressure of that change is exploding into a major disruption.

Countdown to implementation: Preparing for the Fiduciary Activities Guidance
Last year, GASB established guidance on what constitutes fiduciary activity for financial reporting purposes. This article highlights what the standard is about and reminds readers that it's time to begin planning implementation.

FASB update
FASB has updated the following project summary on its website:

Disclosure framework: Defined benefit plans

 

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