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GASB Issues New Guidance on Risk Disclosures

CPA Practice

The Governmental Accounting Standards Board has issued new guidance that requires state and local governments to disclose information about certain risks. This would allow users to make informed decisions about these and to evaluate accountability.

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Friday Footnotes: Accounting AI Explodes; SOX Compliance Sux; KPMG Gets on a List | 6.17.22

Going Concern

VCs Target AI Accounting Startups as Companies Look to Control Spending in Uncertain Economy [ Wall Street Journal ] It’s finally happening! World-wide, startups making AI-powered accounting software amassed $233.3 Let the robot takeover commence!

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