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IFRS Foundation announces technology initiative

  • IFRS - IASB Image

Nov 05, 2018

On November 5, 2018, the IFRS Foundation announced the launch of its technology initiative. The technology initiative will consider how changes in technology may affect the work done by the International Accounting Standards Board (IASB) in certain areas.

Specifically, the technology initiative will investigate how automation, AI, and the consumption of big data may affect accounting, financial reporting, standard-setting process, and stakeholder engagement.

Review the press release on the IASB’s website.

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