TABLE OF CONTENTS Fall 2019 Issue

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 Technology Is Not Disrupting Accounting, Client expectations Are!....................4 

By John McAlister and Shelley Thomson 

Throughout its thousands of years of history, the profession was disrupted many times, is being disrupted now and will be in the future. Understanding a little about the changes in the past can help us to know how to influence the current and inevitable future changes. 

An Age of Digital Media in Accounting and Audit……………………………………………………..19 

By Eric E. Cohen, CPA 

Is the profession – and in particular are the audit regulators – mired in the written- word, paper-based past? Can we audit graphics and video? Can graphics and video be the basis of our audit documentation? 

Artificial Intelligence May Not Replace Accountants But It’s Sure Going to Change Us…………………………………………………………………………………………………….…29 

By Gerald Trites, FCPA, FCA, CISA 

Artificial Intelligence has been entering the world of accountants and other financial professionals for some time, but now we are on the verge of a new wave of AI, with new technologies that have not been used before. 

IAASB Mission Accomplished? Not Quite Yet……………………………………………….…36 

By Gundi Jeffrey 

The recently released IAASB Public Report, January 1, 2016 to June 30, 2019: Foundation For The Future, covers what the Board has been up to for the past three and a half years. While the report, and the projects it describes, have received both kudos and criticisms, one thing is for sure – there is still a lot of work to be done. 

BookReview:TheDisruptionMindset………………………………………………………….…44

JonathanAndrews,CPA

The author, Charlen e Li, places the subject of business disruption well in to perspective, challenging potential misunderstandings, and helps to shine a light into the future.