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

The technology assessment engagement

Are you working with the best technology? Do you know how to help your clients determine if their technology stack measures up? In this free report, J. Carlton Collins, CPA, explains how to answer those questions via a technology assessment engagement.

FEATURE

Maximizing the higher education tax credits

A counterintuitive strategy can save taxes by including otherwise excludable scholarships in gross income.