In Other News
Do you ever feel like your money slips through your fingers, leaving you questioning your financial choices? Need a way to track how you’re spending?
Artificial intelligence (AI) is arguably the most disruptive technology to gain widespread attention and adoption since the inception of the internet. But for many professionals, including CPAs, AI is still a proverbial black box.
It is hoped that research into the carbon credit market will help trigger meaningful dialogue among key players in this space.
The globalization of the economy and the expansion of technology continue to drive exponential change, and one of the ways accounting standard-setters have kept pace is by implementing international financial reporting standards (IFRS). These include accounting standards for private enterprises (ASPE) that were introduced, in large part, to provide smaller businesses with less onerous reporting and disclosure processes, as standard-setters recognized that creditors were the main users of small businesses’ financial statements.