A Principle to Live By

BY LAURA STEENWYK

Several times during the past few months, JofA articles and editorials about ethics caused me to pause and thank my mother for teaching me a simple rule: When you are stumped about what to do, pretend that your peers will know about your actions. Will you be embarrassed or proud?

A simple but effective rule to follow in even the most complex transactions.

Laura Steenwyk, CPA, MST
Grand Rapids, Michigan

SPONSORED REPORT

Solving the lease accounting challenge

The challenges of the new lease accounting standard have been pervasive to say the least. In this free, independently-written report, you'll learn effective adoption strategies as well as resources for easing the transition to the new standard.

FEATURE

Tackling TCJA changes this tax season

Return preparers must be ready for how the Tax Cuts and Jobs Act has modified many common features of individual and business returns.