Best of The Summa 2009

It is December 31, and so many of us are getting ready to party.  Everyone is, except accounting bloggers and those who read their blogs.  So as to give you something to do tonight while you sip your diet coke, you can reflect over the high points of The Summa.

Read Full Post »

On Developing a WorldView

I have occasionally written about the need for a professor to develop a mature worldview.  More so than that, we all (whether professor, student, or professional) should consciously develop a world view.  Yes, a world-view is a good thing.  Although there are three accepted forms for spelling the term, it is not a difficult concept. A [...]

Read Full Post »

On Being a Blogging Professor

I’m a senior accounting professor.  The Summa is my expression of what and how I think about the world of accounting, i.e., the world according to Albrecht. Why should anyone care?  There are a few ways to answer. One possible answer is because society has decided that there be professors.  Professors-to-be are charged with studying [...]

Read Full Post »

A Vote for Blogs

I’ve been blogging for 15 months now.   Many, though, have been doing it far longer and are much better at it than I.  So much so, that I have taken to allocating time every morning for scrolling down through a list of blogs for comments and updates.  Although I read some for information updating, [...]

Read Full Post »

Are We Asking for Future Problems?

I’m busy with grading, so this is very brief.  Over at AECM a discussion has been held about issues related to providing an accounting education within a context of a 150 semester hour requirement.  I think re:  The Auditors put something up on it a while back. A lot has been written about the not-so-hidden [...]

Read Full Post »

Final Exam Diversions–Fall 2009

A year ago, I posted some links to videos and/or whatever that helped divert my attention from the depressing task of writing and then grading final exams.  That page is still getting hits, but many of the links are broken.  It is time for an update.  Some of these links have some connection to business, [...]

Read Full Post »

Any Change in the IFRS Issue?

Edith Orenstein, in her exceedingly well done FEI Blog, quotes SEC Chief Accountant James Kroeker as saying: Kroeker outlined six general areas that the SEC would have to “carefully consider … fully understand and address” regarding the potential use of IFRS by U.S. companies.  He added that this list is not all-inclusive. The six areas [...]

Read Full Post »

Francine McKenna Scores Again!

Francine McKenna, author/editor of re: The Auditors and watchdog of the public accounting industry, has scored again with They Weren’t There: Auditors And The Financial Crisis.  Thus she continues to add to her single season scoring record. U.S. auditing has never been very good.  The auditing of financial statements was voluntary in the U.S. until [...]

Read Full Post »

In Defense of SOX and the PCAOB

A lawsuit challenging the consitutionality of the Sarbanes Oxley Act of 2002 (SOX) is scheduled for review by the Supreme Court on Monday, December 7. Key provisions of SOX are under attack. It is possible that SOX will be either voided or scaled back in the near future, threatening the very existence of the Public [...]

Read Full Post »

Half Full? or Half Empty?

Read Full Post »

TWILAP Day 14

TWILAP, Two Weeks in the Life of an Accounting Professor.  Most people think I only work a few hours per week, just the time spent in the classroom.  They aren’t aware of all the behind the scenes activity.  In this series, I’ll journalize on what it’s like to be a professor. Well, the party’s almost over. [...]

Read Full Post »

Can You Help?

I have a former student (accounting major), a recent grad from BGSU, who is unable to find work after several months.  I recommend him without reservation–on a professional, academic and personal basis. Can you help him get a job? If you can help, e-mail me at albrecht@profalbrecht.com.

Read Full Post »