The Governmental Accounting Standards Board has released implementation guidance with questions and answers to explain and elaborate on some of its recent standards.
The requirements of the new implementation guide take effect for reporting periods starting after June 15, 2018. The guide can be downloaded for free from
Paul Griggs, CEO of PwC, said they plan to adjust billing model to factor in AI, potentially without even a human professional in the loop, and added that if any humans have a problem with it they have no place in this firm.
AI can now do most of the boring work, which raises the question of what the humans will be doing. According to vendors featured during the IMA's Technology Showcase, the answer is reviewing the work the AI does.
More than 1.2 million taxpayers only have until April 15 to claim a total of approximately $1.2 billion in refunds for tax year 2022.
Plus, EY announces new software development model; SAP touts new integrations, features for Concur; and other accounting tech news and updates.
The unit will now be renamed Threadline Wealth, backed by investment from the Cynosure Group, and have $5.8 billion in client assets under management
Weaver names pair of tax partners; RubinBrown appoints assistant managing partner; and more news from across the profession.
