A CPA’s Anguish

BY MARVIN SMITH

My pride in the accounting profession has been severely injured as a result of the recent reports relating to Enron and WorldCom.

An auditor should be inquisitive, dig into financial transactions and ask questions. I received my CPA certificate in 1951, and I do not believe my generation would have allowed what has happened to our profession.

I wonder if the hurt will ever be healed.

Marvin Smith, CPA
Denver

SPONSORED REPORT

Keeping client information safe in an age of scams and security threats

A look at the Dirty Dozen tax scams and ways to protect taxpayer information.

TECHNOLOGY Q&A

How to create maps in Excel 2016

Microsoft Excel 2016 has two new mapping capabilities. J. Carlton Collins, CPA, demonstrates how to make masterful 2D and 3D maps in Excel 2016.

QUIZ

News quiz: IRS enforcement, a hot job, and audit value

The IRS’s 2016 Data Book, a “hot job” of particular interest at this time of year, and insight into how executive and audit committees view the insights from financial statement audits received attention recently. See how much you know with this short quiz.