Class Discussion 4

For the final discussion please discuss the following:

1) What do you think of the recent tax plan, in particular, the idea
of the simplified tax return What parts of the plan do you
like/dislike? Do you think it will greatly impact the accounting
industry?

2) What do you think are the biggest challenges that will face the
accounting profession in the future? How about the impact of artificial
intelligence (AI) on the profession or forensic accounting? What do you
think of the emergence of algorithmic entities (AE) possibly replacing
the traditional business structures? What role do you see specialties,
such as forensic accounting, going forward?