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Archive for October, 2009

There are several controversies in financial reporting.   These are all either or, with no compromise available.   Here are a few just off the top of my head: Which group is the primary beneficiary of financial reporting?  Investors or companies How complex is financial reporting for either investors or companies?   Too complex or not too [...]

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This post is not related to financial reporting issues, but it does relate to accounting education. First, a little history.  Accounting professors tend to mostly have tests that require the regurgitation of factual content.  Questions are similar to:  Do you know this?  Do you know that?  Can you compute this accounting number? And so forth.  [...]

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