Practical, But Not Perfect

BY JAMES R. DUNCAN, CPA

I have been a CPA and recipient of the Journal of Accountancy for more than 30 years. Earlier in that tenure, the articles in the JofA were focused on the knowledge needs of CPAs to perform their services in a professional manner. It has now been years since I read anything in the Journal about the obligation CPAs share for the public interest. Month after month, the JofA is filled with articles suggesting how CPAs can grow their businesses, generate more and more revenue, and cut their costs through enhanced technology. One would think that in the aftermath of the greed-induced problems of the early 2000s, the JofA editorial staff would rethink their obligations to the public interest. I guess not. If the JofA continues to produce pap, why should I read it?

 

James R. Duncan, CPA

Muncie, Ind.

SPONSORED REPORT

Tax reform changes are now in effect

With all the recent tax law changes, this year it’s more important than ever to make sure your clients’ tax situations are squared away before year end. This report provides necessary guidance to ensure 2019 starts without a hitch.

PODCAST

Using drones to enhance audits

Hermann Sidhu, CPA, global assurance digital leader at EY, walks us through EY’s exciting new project to use drones to help audit large warehouses and outdoor inventories.