Search Results

June 2009 |  BY June Jager-Norman |  Article

I read your article “Closing the Gap in the Supply of Accounting Faculty” (March 09, page 36) with another grimace on my face, as I have each time the AICPA has addressed this issue in recent years. The gap could be easily closed once the accreditation agencies come to the realization that professionally qualified individuals can do just as well in the classroom as doctorally degreed individuals.

June 2009 |  BY JAMES A. JOHNSON |  Article

I would like to submit my name as being less than enamored with

June 2009 |  BY Robert A. Ladislaw |  Article

I read with interest the article on “Representing Clients With Tax Delinquencies and Deficiencies” (“Tax Practice Corner,” April 09, page 65), as this is part of my practice. Of particular interest was the paragraph on abatement of penalties because that is often a key concern of delinquent clients.

April 2009 |  BY Arman Satchyan |  Article

After reading the article “Shaking Up Financial Statement Presentation” (Nov. 08, page 56) and reviewing Exhibit 2, I am baffled as to how the new approach of netting assets and liabilities and separating the balance sheet into operating, investing and financing sections similar to the statement of cash flows is an improvement to the traditional ALOE method of balance sheet presentation.

April 2009 |  BY FRANK STITELY |  Article

The article “The Firm of the Future” (Nov. 08, page 68) suggests that time sheets and productivity tracking are relics of the past. However, the article actually shows time tracking and productivity management to be absolutely essential. For instance, the Ohio firm cited requires 13.5 fulltime equivalent employees to achieve $1.3 million in revenue.

April 2009 |  BY Mark A. Norman |  Article

I just read the article “Annuities and the Other Side of the Retirement Savings Coin” (Jan. 09, page 36). The article discusses many of the benefits of annuities but does not seem to discuss in much detail the risks of purchasing an annuity, such as the risk of the insurance company becoming insolvent and the value of their “guarantee.” My father recently told me that he invested all of his retirement into an annuity with a “guaranteed” return and therefore was not concerned about the recent downturn in the market.

April 2009 |  BY Greg Kyte |  Article

The article “On the Verge of an Academic Revolution” (Dec. 08, page 82) did a fantastic job of outlining the challenges facing educators as a result of looming U.S. convergence with IFRS. One important issue for educators that was completely ignored, however, was how to pronounce the overwhelming plethora of new acronyms introduced with international standards.

April 2009 |  BY scott blassingame |  Article

“The Last Word” (Jan. 09, page 96) was great, inspiring me to keep growing and to not forget those who helped me along the way. Kudos to Ms. Evans and to the writer. Well done. Scott Blassingame, CPA, CPETupelo, Miss

March 2009 |  BY LAWRENCE W. SCHWARTZ |  Article

While we wish our colleagues at Bailey & Co., Snyder & Co., Harrex Group and Kennedy and Coe LLC every success, the article “The Firm of the Future” (Nov. 08, page 68) made it difficult to determine the firms’ outcomes which, ultimately, will determine their success or failure—profitability.

March 2009 |  BY RICHARD WHITE |  Article

Thanks for the great article “Forecasting PostCombination Earnings” (Dec. 08, page 48). I shared this article with my students from my Consolidation Accounting class at Everest University and my Colorado Tech University Online MBA class. They especially appreciated your detailed Exhibit 2, reporting the forecasted balance sheet of the acquired company, the net increase in assets acquired and net decrease in postcombination pretax earnings over the 10year period.