International


The International Federation of Accountants (IFAC) released an exposure draft of proposed International Education Standard (IES), Competence Requirements for Audit Professionals ( www.ifac.org/eds ), to ensure auditors have the knowledge, skills, values, ethics and attitudes to perform competently. The proposed IES will apply not just to audit engagement partners but to all accountants responsible for making significant contributions to an overall audit opinion. Comments are due July 15, 2005.

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Taking stock of artificial intelligence

Artificial intelligence is either the greatest thing to ever happen to human work or the dread of our existence. This independently written report explores how AI will reshape the workplace and how analytically minded individuals can stand out.

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How tax reform will impact individual taxpayers

Amy Wang, a CPA who is a senior technical manager for tax advocacy at the AICPA, answers to some of the most common questions on how the new tax reform law will impact individual taxpayers.