Authors contributing to the March 2013 issue


  How to Do Business in India page 26
Sabine Vollmer is a JofA senior editor. She oversees coverage of international accounting issues. She has more than 20 years of journalism experience, including more than 10 years as a business writer. She has also worked in Germany and Japan.


  Clarifying the Standard for Group Audits page 32
C. William Thomas, CPA, Ph.D., is the J.E. Bush Professor of Accounting in the Department of Accounting and Business Law at Baylor University in Waco, Texas. He has been a member of the Baylor faculty since 1971 and has served as chairman of the Department of Accounting and Business Law, director of graduate accounting programs, and on numerous departmental, school, and university committees.

Phil D. Wedemeyer, CPA, is a retired partner at Grant Thornton LLP and a former member of the AICPA Auditing Standards Board. He has served in various leadership roles with the PCAOB, including as director of the Office of Research and Analysis, and served 31 years with Arthur Andersen LLP.


  What Are the Risks? Self-Assessment Tool Can Help Small Businesses Evaluate Fraud Controls page 40
Valerie Trott Williams, CPA/CFF, CFE, CHFP, CIA, MBA, is an assistant professor of accounting at the Palumbo Donahue School of Business at Duquesne University in Pittsburgh. She directs Duquesne’s Accounting Honors Institute and Accounting Mentorship Program.

Robert J. Kollar, CPA, is an assistant professor of accounting and directs the Master of Accountancy Program at the Palumbo Donahue School of Business at Duquesne University.


  What’s Your Fraud IQ? page 46
Andi McNeal, CPA, CFE, is director of research for the Association of Certified Fraud Examiners (ACFE), where she oversees the development and production of educational materials related to the prevention, detection, and investigation of fraud. She co-authored the 2008, 2010, and 2012 editions of the Report to the Nation(s) on Occupational Fraud and Abuse, a biennial report the ACFE issues on the costs and effects of occupational fraud.

Catherine Lofland, CPA, is a research specialist for the ACFE, where she develops educational materials related to the prevention, detection, and investigation of fraud. Before joining the ACFE, she worked as an external auditor and a corporate accountant.


  The Benefits of Captive Insurance Companies page 52
Robert E. Bertucelli, CPA, is a senior tax partner at Satty, Levine & Ciacco, CPAs, PC in Jericho, N.Y., and a professor of accounting and taxation at the C.W. Post Campus of Long Island University. He is an active member of the New York State Society of Certified Public Accountants and served on an AICPA task force to establish professional education requirements for CPAs who specialize in personal financial planning.


  Home Concrete Decision Offers Limited Guidance page 58
Arthur J. Hamilton, J.D., is a professor of business law at James Madison University in Harrisonburg, Va. He has co-authored “The Mortgage as a Personal Investment Choice” in the Journal of Real Estate Practice and Education and “Vista Capital: Intellectual Property Valuation,” in the Journal of Finance Case Research.

William M. VanDenburgh, Ph.D., is the Robinson, Farmer, Cox Faculty Scholar Associate Professor of Accounting at James Madison University. He has published extensively, including several articles previously in the JofA. These include (with Nancy B. Nichols and Luis Betancourt) “Ponzi-Scheme Losses: Indirect Investor and State Tax Issues” (Feb. 2011, page 46) and (with Luis Betancourt and Philip J. Harmelink) “Advice to Clients in Uncertain Markets” (Sept. 2010, page 18).

SPONSORED REPORT

How to audit high risk areas

Revenue recognition, internal control over financial reporting, accounting estimates and going concern are areas of audit that have emerged as particularly challenging and complex.

NEWS

Revenue recognition revisited

A reexamination of new revenue recognition rules has led to tinkering with the standard that is considered the biggest achievement of the convergence efforts of FASB and the International Accounting Standards Board.

INTERVIEW

Staying focused at the top

Olivia Kirtley, CPA, CGMA, an accomplished corporate director with almost 20 years of experience serving on boards, talks about strategic, risk, and compliance issues that keep board members up at night.