Bookmarks

BY MICHAEL HAYES

Contemporary Issues in Financial Reporting:
A User-Oriented Approach

By Paul Rosenfield, CPA
562 pages; hardcover
Routledge; New York, N.Y.; 2006

Business Fairy Tales: Grim Realities of
Fictitious Financial Reporting
By Cecil W. Jackson, CPA
282 pages; hardcover
Thomson; Mason, Ohio; 2006

Contemporary Issues in Financial Reporting: A User-Oriented Approach by Paul Rosenfield, former director of the AICPA accounting standards division, and Business Fairy Tales: Grim Realities of Fictitious Financial Reporting by Cecil W. Jackson, a University of Southern California accounting professor, examine ethics and accountability in contemporary business reporting. Using very different approaches—the first is an accounting history textbook, the second a mass-market history of recent events—both CPA authors look at issues underlying a parade of financial reporting scandals and offer tools for refining critical thinking. They are voices in the dialogue of setting things right, and their concern is a measure of how deeply the financial world has been wrenched in recent years.

—Michael Hayes

SURVEY SAVVY

PODCAST

What’s next for potential CPA licensure changes

A new model proposed by NASBA and the AICPA is designed with an eye on the future for newly licensed CPAs. The AICPA's Carl Mayes, CPA, provides background on the project and a look ahead to 2020.

VIDEO

What RPA is and how it works

Robotic process automation is like an Excel macro that can work on multiple applications, says Danielle Supkis Cheek, CPA. RPA can complete routine, repetitive tasks such as data entry, freeing up employee time from lower-level chores.