Bookmarks

BY MICHAEL HAYES

Contemporary Issues in Financial Reporting:
A User-Oriented Approach

By Paul Rosenfield, CPA
562 pages; hardcover
Routledge; New York, N.Y.; 2006

Business Fairy Tales: Grim Realities of
Fictitious Financial Reporting
By Cecil W. Jackson, CPA
282 pages; hardcover
Thomson; Mason, Ohio; 2006

Contemporary Issues in Financial Reporting: A User-Oriented Approach by Paul Rosenfield, former director of the AICPA accounting standards division, and Business Fairy Tales: Grim Realities of Fictitious Financial Reporting by Cecil W. Jackson, a University of Southern California accounting professor, examine ethics and accountability in contemporary business reporting. Using very different approaches—the first is an accounting history textbook, the second a mass-market history of recent events—both CPA authors look at issues underlying a parade of financial reporting scandals and offer tools for refining critical thinking. They are voices in the dialogue of setting things right, and their concern is a measure of how deeply the financial world has been wrenched in recent years.

—Michael Hayes

SURVEY SAVVY

SPONSORED REPORT

How the election may affect taxation of business income

This report summarizes recent proposals to reform the U.S. business income tax system and considers the path to enactment of any such legislation.

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

Did you follow 2016’s biggest accounting news?

CPAs will remember 2016 as a year of new standards and new faces. How well did you follow the biggest accounting events? The 7 questions in this quiz will help you find out