The Iron Horse Club

BY BARBARA J. SHILDNECK

BOOKMARKS


The Iron Horse Club
By Ronald L. Reman
330 pages; hardcover
iUniverse Inc., Lincoln, Neb. 2005

his is a novel CPAs can relate to. Reman uses his public accounting/CFO background in this tale of corporate high jinks. Four audit staff recruits who had met at a Big Eight CPA firm 25 years earlier and celebrated the start of their careers at the Iron Horse Bar & Grill in midtown Manhattan return there annually to compare notes. They are a CPA/CFO whose world-class company has run afoul of the Foreign Corrupt Practices Act of 1979 and his loyal friends, an international CPA firm partner (the narrator), a law firm senior tax partner and the senior vice-president for tax of a billion-dollar company. Add plot twists from the SEC, the DOJ and the IRS, and the story line mimics scenarios from the JofA’s “Fraud Beat.”

—Barbara J. Shildneck

NEWS

IRS sets start date for tax season

The IRS announced that tax season will start in late January and that it will issue refunds to taxpayers despite the partial shutdown of the federal government.

PODCAST

Why CPAs can’t wait on automation tools

What do accounting firms waiting on others to develop AI, automation, and data analytics tools have in common with a baseball fan sitting in a stadium filling with water at an exponential rate? The answer could determine your firm’s fate.