Memorial Day 2011

Today, May 30, 2011, is Memorial Day in the USA.  It is different, to say the least.  Originally dedicated to fallen soldiers of the USA Civil War, it now marks the start of the summer vacations. Immediately after the end of the Civil War, there were many local ceremonies honoring slain soldiers.  A fraternal organization [...]

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Latest regulatory news!

Three topics are hitting the accounting news sites.  I’m just passing along announcements. IFRS Work Plan for the Consideration of IncorporatingInternational Financial Reporting Standards into the Financial Reporting System for U.S. Issuers:  Exploring a Possible Method of Incorporation A Securities and Exchange Commission Staff Paper May 26, 2011 I will be commenting on this next week.  In the [...]

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Accosting the Golden Spire

About a week ago or so, I received a package from Larry Crumbley containing one of his educational novels, Accosting the Golden Spire.  Last night I read it.  It was a fun read. D. Larry Crumbley, CPA, Cr.FA, CFFA, FCPA, is the KPMG Endowed Professor at Louisiana State University.  A tax professor, he has been a prolific [...]

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Accountancy Age – EU Softening on Audit Changes

A new story at Accountancy Age by Rose Orlik, “EU green paper calls for softer stance on audit,” reports that a more balanced approach is being considered for auditors and the audit opinion.  If this change sticks, then world-wide audit firms will rejoice. Orlik writes, “An EU green paper on audit is currently being prepared, [...]

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I Am Worried About My Grade

I can speak with unquestionable authority on this issue.  Professors hate grading and assigning grades.  After 32 years in the college classroom, I have to admit that students have been accepting of the grades I’ve assigned.  However, every once in a while some student will come a-complaining. All professors & instructors can relate to the [...]

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Sheridan (MACPA) Interviews Michelle Golden

Michelle Golden is one of Accounting Today‘s 100 most influential in the American world of accounting.  Focusing on professional service firms (such as CPAs and attorneys), she long has been an expert consultant on marketing.  Early on she saw the value of social media as a tool for professionals to reach new clients and to [...]

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Wanted: a New PCAOB Member

Daniel L. Goelzer has been a member of the Public Company Accounting Oversight Board (PCAOB) since its inception in 2002.  His term is expiring in October, 2011, and the SEC is initiating a process that will eventually result in his replacement. In a letter sent to key regulators and other officials, SEC Chairman Mary Schapiro [...]

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No Velocity

Just finished reading Velocity: Combining Lean, Six Sigma and the Theory of Constraints to Achieve Breakthrough Performance – A Business Novel, by Dee Jacob, Suzan Bergland and Jeff Cox. I don’t like this book.  I won’t use it in a class, nor will I recommend that anyone read it.    Pitching a purchased book ($10) into the [...]

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Baby Names for Accountants

My apology to Caleb and JDA.  This post is not my way of auditioning for a GoingConcern gig.  I’m intrigued by two important PCWorld articles, and the end result is my suggesting some accounting related names for a newborn child. Yesterday, Sarah Jacobsson Purewal wrote, “Baby Named After Facebook ‘Like’ Button,” published on PcWorld.  Not to [...]

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Giving a Shout Out to the Whitman School of Management

For the past two years, my older son has been enrolled in the MBA program of Syracuse University’s Whitman School of Management.  He’s had a profitable time there, learning much and ending up with the job he desired. On Friday, May 13, I toured the school after attending an awards ceremony and my son’s graduation. [...]

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Giving a Shout Out to Falls School of Business

On Wednesday, May 4, I visited the Anderson University (Indiana) Falls School of Business at the invitation of Dean Terry Truitt.  I found an innovative B-school with a mission of serving students in the context of a Christian liberal arts college. I had a wonderful time, and came away wishing someday I can be a [...]

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Year of Graduation

In my 32 years in the collegiate classroom, attending graduation ceremonies has never been high on my list of things to do.  I missed all three of mine.  They were scheduled on Saturday, and I observe the Saturday Sabbath, when working is a “Thou shalt not.”  In my years at Iowa, Virginia Tech, North Carolina-Chapel [...]

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