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Accountants Confidence Index — July 2018
(Accounting Today) - After a slight rise after the end of tax season, the Accountants Confidence Index dropped slightly again, as respondents disagreed over the direction of the economy and the potential impact of tax reform.
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The Future Of Finance Is Augmented Intelligence And The New-Collar Worker
(Forbes) - For the doomsayers, artificial intelligence (AI) might as well be code for "impending mass unemployment." Yet I believe that the adoption of AI isn't about replacing workers but rather helping them do their jobs better and about augmenting human creativity and potential at a massive scale.
Why Non-Compete and Non-Solicitation Covenants Matter
(CPA Trendlines) - "Non-compete" and "non-solicitation" are two terms often used interchangeably. Though they are similar, there are important differences.
What Blockchain Means For The Future Of Accounting Practices
(Forbes) - With the advent of cryptocurrencies like Bitcoin, it is entirely possible that this time-tested financial framework is about to change. Using the power of the blockchain, the entire concept of money is being turned on its head through the rise of this new data-based currency.
Proposed SSAE would increase flexibility for practitioners in performing attestation engagements
(JofA) - A standard proposed Wednesday by the AICPA Auditing Standards Board would change the terminology for what has been known as a “review engagement” in addition to making other significant changes.
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