a recent accounting
graduate who knew very little about auditing liability.
As my colleagues at the Financial Accounting
Standards Board (FASB) and the International Accounting
Standards Board (IASB) will agree, fair value accounting
poses many challenges and has sparked significant industry debate.
The first phase of the Financial Accounting
Standards Board's (FASB) two-part comprehensive review of pension and OPEB accounting
will dramatically change corporate balance sheets.
HOUSTON -- GLO CPAs, LLP, a large Houston-based 25 year old leading certified public accounting
firm is providing more than financial services for its clients and constituents by hosting conferences and networking sessions at The Houston Club.
And CPA Harvey Zimmermann, an executive in residence at the University of North Texas in Denton, sees teaching as a way to give something back to the school that prepared him for a 30-year career in accounting
that culminated in his being named partner-in-charge of KPMG's Dallas/Fort Worth energy practice.
This session will explore continuing implementation issues, including valuation and tax accounting
, as well as plans for process sustainability for the future.
Reduced supply of new faculty: From 1994 to 2002, the number of accounting
doctoral degrees awarded decreased from approximately 200 per year to only 86.
The procedure mandates that the Examination Division (hereinafter "Exam") resolve all "timing" issue adjustments as accounting
method changes, prescribes rigid guidelines for the resolution of method change issues by Exam, and otherwise circumscribes the authority of Exam to resolve accounting
How much, and the extent to which, instructors want to delve into the tax accounting
aspects of specific transactions (e.
Other reasons include the three- to five-year commitment to earn a doctorate, the cost of attending a doctoral program, the salary and professional advancement opportunities available in other jobs, the professional opportunity cost of being in school and a general lack of knowledge about what academic accountants do and the support available to those interested in pursuing doctorates in accounting
In a survey of 200 finance and accounting
executives, II Respondents confirmed that timely, accurate account reconciliations have become a critical internal control practice in the wake of Sarbanes-Oxley.
IASB announces working group to analyze accounting
issues related to insurance contracts.