Financial A&A news from around the web: August 14 – 18, 2023

FASB’s ‘complex’ loss accounting change warrants extra time, insurer group says 
CECL grew out of a FASB effort to encourage timelier reporting of deteriorated assets after the 2008 financial crisis. 

Talent + technology: The formula for finance success 
Past experiences, such as the Great Recession and the global disruptions brought on by the COVID-19 pandemic, have taught CFOs that when organizations are well-structured and prepared to act nimbly by bringing their best resources to the forefront, they will succeed. 

AI and payroll: Analyst says change won’t replace professionals 
(CPA Practice Advisors) - The founder of a human capital management advisory business assured payroll professionals that artificial intelligence will not replace their profession.