In the May issue of the JofA , the news story “Compilations: The Story Goes On” (page 10), incorrectly stated that the Coalition for Affordable Accounting (CAA) includes American Express and Century Business Services. Neither company is a member of the group.

In the June issue of the JofA , the article, “The Final Frontier” by Andrew Lee (page 33) incorrectly listed Gary Locke as governor of Wisconsin. Mr. Locke is governor of Washington State. The JofA regrets both errors.


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.