More About Diversity

I found the two letters about diversity in the July 1998 Journal of Accountancy disturbing. The article "Minority Issues at Forefront" (JofA, Jan.98, page 13), encouraging more diversity in our profession, was refreshing. Nothing in the article suggested that we lower our standards in order to allow more minorities to become members. It did point out correctly that we as a profession need to question why minorities are underrepresented in our ranks.

The AICPA should search for ways to attract more minorities and develop programs with education and industry to ensure that minority groups receive adequate training to meet the high standards of our profession. As an AICPA member, I would applaud such efforts.

Leo Hudetz, CPA
Billings, Montana


6 key areas of change for accountants and auditors

New accounting standards on revenue recognition, leases, and credit losses present implementation challenges. This independently-written report identifies the hurdles that accounting professionals face and provides tips for overcoming the challenges.


How tax reform will impact individual taxpayers

Amy Wang, a CPA who is a senior technical manager for tax advocacy at the AICPA, answers to some of the most common questions on how the new tax reform law will impact individual taxpayers.