June 2018 - Journal of Accountancy

The JofA’s annual technology roundtable looks into the future as blockchain, big data analytics, artificial intelligence, and robotic process automation fuel transformation in the accounting profession.

A 2015 change by FASB can affect debt covenant ratios and has the potential to move companies out of compliance with their restriction thresholds.

The article provides a glimpse into a future dominated by fast access to big data and driven by intelligent technology applications deployed by a new breed of CPA practices.

Switching from hourly billing to value pricing can reward tech-enabled efficiency.

New duties will require plenty of understanding and good communication.

Federal government entities are embracing risk management practices that can help them make better decisions and be more transparent.

Survive IRS scrutiny of this potentially valuable arrangement.

Jennifer Warawa, EVP of Partners, Accountants and Alliances at Sage, discusses the changing role of the accountant.