A&A news from around the web: May 20 – 24, 2019

5 steps to get started with audit data analytics
If your firm hasn’t started using audit data analytics yet, it’s time to get on board. Audit data analytics are a technique that can help you leverage current technologies and move toward a more data-driven approach to planning or performing an audit.

FASB issues targeted transition relief to institutions applying the credit losses standard
FASB has issued an Accounting Standards Update that eases transition to the credit losses standard by providing the option to measure certain types of assets at fair value.