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We've said it before, and we'll surely be saying it again: it's a great time to be an accountant. There's been a significant jump in accounting staff jobs this year, according to a survey of HR professionals.…

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Does adopting International Accounting Standards (#IAS) lead to higher accounting quality? This paper from Wiley's Journal of Accounting Research looks at ways that that change could be measured and compared to preadoption metrics. Keep…

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"Some professionals in the field believe the CPA license should be a bare minimum for anyone practicing accounting. It is not—yet—but it will put you in greater demand throughout your career."…

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Are you making your dream job enough of a priority?

These questions will help determine if you are still on track to…

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Blog Posts

Going, Going....

Posted by Terry Warfield on April 5, 2013 at 12:50pm 1 Comment

With the start of the baseball season, I could not resist a reference to baseball vernacular, as the FASB expects to release a proposal on its Going Concern project within the next several weeks. Going concern is the assumption inherent in…

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Extraordinary Times, but Maybe Not for Accounting

Posted by Terry Warfield on November 27, 2012 at 3:02pm 0 Comments

Hurricane Sandy has brought to the forefront the recurring debate about the accounting for extraordinary events.  GAAP indicates the special treatment (reported “below the operating income line”, net of tax) may be used only for events that are…

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IFRS Update for November, 2012

Posted by Dr. Maureeen Francis Mascha on November 25, 2012 at 11:20am 0 Comments

Barry Melancon, the AICPA president and CEO, warned that if the U.S. continues to stall on the issue of IFRS convergence the U.S. risks losing its stature as leader amongst the world accounting setters. Melancon further stated that the U.S.'…

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IFRS UPDATE SEPT. & OCT. 2012

Posted by Dr. Maureeen Francis Mascha on October 15, 2012 at 11:00am 0 Comments

Even though the SEC seems to be dragging its heals regarding convergence with the FASB, recent developments may indicate otherwise:



Financial instrument impairment models developed by the IASB and FASB will focus on expected losses, not… Continue
 
 
 

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