Evolution Continues


I found the article on the history of our accounting profession (“‘No One Stands Still in Public Accounting,’” JofA, June00, page 67) very intriguing. It was compelling to read about the profession and its evolution, and interesting to compare the profession from yesterday to today and to the future.

How we all should appreciate our computers, faxes and other conveniences! It’s amazing to think that the things that simplify our life today will be museum pieces in future generations.

Bonnie M. Spanke, CPA
Livonia, Michigan


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.