Episode description
We spend a lot of time on this show talking about future trends and technologies — things like artificial intelligence, blockchain, and automation – and, more importantly, what those things mean for the future of our profession.
But there are many other hard trends — a.k.a. future facts, a.k.a. things that we know are going to happen – that will have a huge impact on what we do. The topics aren’t always as sexy, sure, but they’re equally impactful, and if we want to get serious about becoming future-ready, we need to be talking about these things, too.
So, that brings us to the decidedly un-sexy world of regulation this week. It probably doesn’t excite you, but we have to talk about this stuff, as a profession, because it might have more of an impact on what we do going forward than anything that technology can throw our way.
Luckily, our guest, Russ Golden, is one of the best people to talk to about regulation in the accounting and finance world because Russ is the Chairman of the Financial Accounting Standards Board, better known as FASB.
To learn more, and for the complete show notes, visit blionline.org/blog.
Resources:
- Find out more about the FASB’s most recent initiatives at FASB.org
- LinkedIn: https://www.linkedin.com/in/russellgolden
- Read: “FASB Proposes Improvements Related to Distinguishing Liabilities From Equity”
- Learn more at MACPA.org/future-learning
Future-Proof is a production of Crate Media