Authors Contributing to the June 2011 Issue

  Clarified Auditing Standards: The Quiet Revolution page 24

Jan Taylor Morris, CPA, Ph.D., MBA, is an assistant professor of accounting at Sam Houston State University’s College of Business Administration in Huntsville, Texas. Her primary research interests are in the areas of auditing, leadership and ethics. She is also an external professor with KPMG, training both senior and staff audit associates.


C. William Thomas, CPA, Ph.D., MBA, is the KPMG/Holton Chair and J.E. Bush Professor of Accounting at Baylor University in Waco, Texas. He has published textbooks in both financial accounting and auditing, as well as many articles in the areas of professional ethics, accounting and auditing. He is the technical editor for Today’s CPA, the magazine of the Texas Society of Certified Public Accountants.



  Accounting Enrollment, Hiring Increase page 30

Alexandra DeFelice is a JofA senior editor. Her primary role is planning, writing and editing technology articles for the magazine and website. She also helps to drive the JofA’s social media presence through the Facebook Fan page,, and Twitter account, AICPA_JofA. She graduated from Rutgers University with a degree in journalism and, while there, minored in Spanish and English.



  Courting Venture Capital page 34

J.D. Kern, CPA, is the corporate controller for East Rutherford, N.J.-based Management Dynamics. He also is CFO of Creative Collaboration Consulting LLC. He has previously held positions in investor relations and internal audit at Sara Lee Corp. He began his career as an auditor with Deloitte & Touche LLP in Chicago. He holds a bachelor’s in business administration and a master’s in professional accounting from the University of Texas at Austin.



  Improving the Code of Professional Conduct page 38

Catherine Allen, CPA, formed the consulting firm Audit Conduct in 2005 to help CPAs understand and comply with independence and ethics requirements. Previously, she was a senior staff member with the AICPA Professional Ethics Division and director of independence for two of the Big Four accounting firms. She is a consultant to the AICPA Professional Ethics Executive Committee’s Codification Task Force.



  Seven Good Reasons Credit Shelter Trusts Remain Relevant page 44

Daniel S. Rubin, Esq., LL.M. (Taxation), is a partner in the Trusts and Estates and Asset Protection practices of the New York City law firm of Moses & Singer LLP. He is also a frequent writer and speaker on estate planning and asset protection. He has written previously for (“In the Twilight of the EGTRRA”) and presented on the topic of credit shelter trusts at the 2011 AICPA Advanced Financial Planning Conference.



  Strategies for Compromising Tax Debts page 50

Kevan P. McLaughlin, Esq., LL.M., is founder of McLaughlin Legal, a San Diego-based practice focusing on federal and California tax law, especially tax planning and tax controversy and litigation. In 2010, he was recognized by a San Diego business publication, The Daily Transcript, as one of San Diego County’s top young attorneys. He is co-chair of the San Diego Chapter of the Young Tax Lawyers of the California State Bar Taxation Section. He earned his law degree at Golden Gate University of Law and LL.M. in taxation at the University of San Diego School of Law.



Year-end tax planning and what’s new for 2016

Practitioners need to consider several tax planning opportunities to review with their clients before the end of the year. This report offers strategies for individuals and businesses, as well as recent federal tax law changes affecting this year’s tax returns.


News quiz: Retirement planning, tax practice, and fraud risk

Recent reports focused on a survey that gauges the worries about retirement among CPA financial planners’ clients, a suit that affects tax practitioners, and a guide that offers advice on fraud risk. See how much you know with this short quiz.


Bolster your data defenses

As you weather the dog days of summer, it’s a good time to make sure your cybersecurity structure can stand up to the heat of external and internal threats. Here are six steps to help shore up your systems.