Disappointed With JofA News

BY C. EUGENE STURGEON

I have looked forward to the JofA news in the last few months because of the unprecedented events challenging our profession. Yet I see very little news or commentary in the magazine.

Isn’t it reasonable to expect the JofA to publish comments about the most important events in the history of our profession? Isn’t some news to be expected about the conviction of Andersen for obstruction of justice and the demise of a premier firm?

Is a brief quote by the president and CEO in the Highlights section all we can get in these difficult times? Is the most important item for News Digest a survey tracking the popularity of traditional office holiday parties?

In these times is the job of JofA “business as usual”? Does this mean I should have no concern about my unfunded pension?

C. Eugene Sturgeon, CPA
(retired)
Abingdon, Virginia

SPONSORED REPORT

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.

PODCAST

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.