From a Neighbor to the North


My heartiest congratulations on your centennial countdown. I have been a subscriber to the JofA for many, many years and read with interest topics applicable to auditing and accounting matters.

As a sole practitioner, Canadian chartered accountant and certified financial planner for small- and medium-sized businesses and individuals, I have, over the years, on several occasions had the opportunity to lift good ideas in the preparation of specific assignments.

I read most articles and refer quite often to published practice tips and the executive summary when topics are beyond my professional needs.

Again, my best wishes for the JofA’s continued publication of interesting issues.

Albert L. Stal, CA
Toronto, Ontario, Canada


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.