The Iron Horse Club

BY BARBARA J. SHILDNECK

BOOKMARKS


The Iron Horse Club
By Ronald L. Reman
330 pages; hardcover
iUniverse Inc., Lincoln, Neb. 2005

his is a novel CPAs can relate to. Reman uses his public accounting/CFO background in this tale of corporate high jinks. Four audit staff recruits who had met at a Big Eight CPA firm 25 years earlier and celebrated the start of their careers at the Iron Horse Bar & Grill in midtown Manhattan return there annually to compare notes. They are a CPA/CFO whose world-class company has run afoul of the Foreign Corrupt Practices Act of 1979 and his loyal friends, an international CPA firm partner (the narrator), a law firm senior tax partner and the senior vice-president for tax of a billion-dollar company. Add plot twists from the SEC, the DOJ and the IRS, and the story line mimics scenarios from the JofA’s “Fraud Beat.”

—Barbara J. Shildneck

SPONSORED REPORT

Revenue recognition: A complex effort

Implementing the new standard requires careful judgment. Learn how to make significant accounting judgments and document them and collaborate with peers for consistent application.

VIDEO

How to Excel pivot a general ledger

The general ledger is a vast historical data archive of your company's financial activities, including revenue, expenses, adjustments, and account balances. J. Carlton Collins, CPA, shows how to prepare data for, and mine data with, PivotTables.

QUIZ

News quiz: Taking an economic snapshot and looking to the future

Recent news included IRS actions that affect individuals and partnerships and a possibly influential move by a Big Four accounting firm.Take this short quiz to see how much you know about the news.