An annual tradition at The Summa is to provide links to my favorite posts of the year. The purpose for doing so is to milk a few more reads without having to write new content. I’ve reviewed the posts from the fourth year of The Summa, and have selected my favorites.
In January, I had two interesting posts. In the first, “Audit Credibility,” I argue that current audit model is flawed, and the flaws remove any potential benefit. I talk about the entity theory approach to the accounting for executive stock options in, “Floyd Norris on Joe Lieberman’s Views on Accounting.” It should be noted that Floyd posted a response to my blog post because he didn’t like what I wrote.
In March, I wrote two posts about data visualization, and one on the problem posed by the hard drives on photocopy machines.
I still like my post for April first, “SEC to Promote Cash Basis Accounting?”
In May, I wrote, “IFRS, Whither Art Thou?”
In June, my favorite is, “SEC Morale Bad and Getting Worse.”
In July, I posted an advice piece, “LinkedIn for Accounting and Business Students.”
In August, I wrote, “The PCAOB and Its Quixotic Quest.”
In September, I wrote, “Is Inflation a Problem for Accounting.”
In October, I wrote, “If U.S. Declaration of Independence Had Been Signed by Audit Firms.” This post was selected a wordpress.com favorite.
In November, I wrote, “ProfAlbrecht’s Use of Social Media.”
In December, I wrote about an aspect of auditor quality called, “The Wrong Quality.”
Debit and credit – – David Albrecht