Latest Articles
  • Strategic Finance is Having a Moment
  • Technostress and the Accounting Profession
  • Diversifying the Audit Profession
  • Adding Age (A) to DEI Is a Good IDEA
  • CPAJ News Briefs: FASB, AICPA
  • Enhancing Employee Resilience
  • Cybersecurity Resources for Accounting Practices
  • A Practical Roadmap for Introducing Agility to Certified Public Accounting Firms
  • First Look at the Secure Act 2.0
  • CPAJ News Briefs: FASB, IASB, AICPA
  • Facebook
  • Twitter
  • Linkedin
  • Youtube
The CPA Journal - The Voice of the Profession The CPA Journal - The Voice of the Profession

  • Home
  • COVID-19
  • Current Issue
  • Categories
    • Feature Articles
    • Columns
    • News & Views
    • Publisher’s Column
    • Web Exclusive
    • Videos & Media
    • Diversity & Inclusion
    • Sustainability
    • Bitcoin & Blockchain
  • Archives
    • Past Issues
    • Sept/October 2022
    • July/August 2022
    • May/June 2022
    • March/April 2022
    • January/February 2022
    • December 2021
    • October/November 2021
    • August/September 2021
    • June/July 2021
    • April/May 2021
    • Feb/Mar 2021
  • About Us
    • About The CPA Journal
    • Write For Us
      • Submission Guidelines
      • Editorial Calendar
      • The CPA Journal Editorial Team
    • Subscribe to the Print Edition
    • Subscribe to our Daily Newsletter
  • Advertise
    • Advertise With Us
    • Classifieds
    • Classifieds Media Kit

Analysis

Home /Analysis
Russ Golden Featured

ICYMI | Seven Years at the Forefront of Standards Setting

A Look Back from Outgoing FASB Chairman Russell G. Golden

By  Russell Golden

December 2020 0

In Brief  For the last seven years, Russell G. Golden has served as FASB's chairman. During this time, and for the nine years previously, he…

Featured

ICYMI | The Enrollment Cliff, Mega-Universities, COVID-19, and the Changing Landscape of U.S. Colleges

By  Paul Copley, PhD, CPA and Edward Douthett, PhD, CPA

November 2020 0

In Brief The accounting academic and practitioner communities are closely intertwined, making the developments in one discipline of paramount importance to the other. As such,…

Feature Articles

ICYMI | Managing the Going Concern Risk in an Uncertain Environment

An Analysis of Regulatory Guidance and Financial Relief for the COVID-19 Pandemic

By  Nicholas C. Lynch, PhD, Michael F. Lynch, JD, CPA and Charles P. Cullinan, PhD

November 2020 0

In Brief The worldwide COVID-19 pandemic has affected businesses of every size in every country, and the United States has been hit particularly hard. Many…

Featured

The Enrollment Cliff, Mega-Universities, COVID-19, and the Changing Landscape of U.S. Colleges

By  Paul Copley, PhD, CPA and Edward Douthett, PhD, CPA

October 2020 0

In Brief The accounting academic and practitioner communities are closely intertwined, making the developments in one discipline of paramount importance to the other. As such,…

Featured

Accounting Education at a Crossroads

Does a Drop in Enrollment Foretell a Decline in the Marketplace?

By  Alexander L. Gabbin, PhD, CPA, James H. Irving, PhD, CPA and Eileen M. Shifflett, CPA

September 2020 0

In Brief The authors' university has seen a significant drop in accounting enrollment from 2015 to 2019. The results of a survey by the authors…

Featured

ICYMI | The COSO Internal Control Framework and Sustainability Reporting

The Benefits of Good Governance and Internal Controls

By  Shari Littan, JD, CPA

September 2020 0

In Brief Even as corporate reporting of sustainability information continues to gain in popularity, the practice still is not standardized, either domestically or globally. While…

Featured

ICYMI | The Challenge of Embedded Leases

Leases May Be Hiding in Supply and Service Contracts

By  Dennis J. Chambers, PhD, Catherine A. Finger, PhD and Jeff Horne

August 2020 0

As companies face the significant challenges in adopting Accounting Standards Codification (ASC) Topic 842, “Leases,” little has been written about the challenge posed by the…

Featured

ICYMI | Machine Learning in Auditing

Current and Future Applications

By  Gabe Dickey, DBA, CPA, Sandra Blanke, PhD and Lloyd Seaton, PhD, CPA, CMA

July 2020 0

In Brief Machine learning provides the potential for significant improvements in audit speed and quality, but also entails certain risks. The authors provide a general…

Featured

Textual Analysis for Risk Profiles from 10-K Filings

Evidence from Audit Opinions

By  Manlu Liu, PhD, Kean Wu, PhD, Rong Yang, PhD and Yang Yu, PhD

July 2020 0

In Brief Technology can be used by auditors to evaluate the risks presented by engagements. This article introduces a Natural Language Processing (NLP) approach to…

Feature Articles

Managing the Going Concern Risk in an Uncertain Environment

An Analysis of Regulatory Guidance and Financial Relief for the COVID-19 Pandemic

By  Nicholas C. Lynch, PhD, Michael F. Lynch, JD, CPA and Charles P. Cullinan, PhD

June 2020 0

In Brief The worldwide COVID-19 pandemic has affected businesses of every size in every country, and the United States has been hit particularly hard. Many…

Russ Golden Featured

Seven Years at the Forefront of Standards Setting

A Look Back from Outgoing FASB Chairman Russell G. Golden

By  Russell Golden

June 2020 0

In Brief  For the last seven years, Russell G. Golden has served as FASB's chairman. During this time, and for the nine years previously, he…

ICYMI

ICYMI—Applying the New Accounting Guidance for Contributions

By  Marc Taub, CPA, David Hollander, CPA, Lisette Rodriguez, CPA and Robert A. Dyson, CPA

May 2020 0

In Brief Not-for-profit organizations receive financial donations as a matter of course, but the accounting for that revenue depends on whether the transaction is classified…

Analysis

ICYMI | How to Create Key Performance Indicators

By  Jeffry Haber, PhD, CPA and Caitlin Schryver

April 2020 0

In Brief Key performance indicators (KPI), long familiar to corporate managers, are increasingly being used by financial managers at notfor-profit organizations to measure the effectiveness…

Featured

The Implications of GASB Statement 87 on Lease Accounting

By  Izhar Haq, PhD, CPA and Keren H. Deal, PhD, CPA, CGMA

April 2020 0

Effective for fiscal years beginning January 1, 2020, a new approach for accounting and reporting leases will be required for state and local governments under…

Featured

A Discussion of Practical Expedients in ASC Topic 842

The New Leasing Standard

By  Robert Singer, PhD, CPA, Heather Winiarski and Maryann Townsend, EdD

April 2020 0

The new lease accounting guidance in Accounting Standards Codification (ASC) Topic 842, “Leases,” is currently in effect for public business entities preparing financial statements for…

Featured

Mandatory Examinations or Audits of Quality Control Assurance Systems

By  Jacqueline A. Burke, PhD, CPA, Ralph S. Polimeni, PhD, CPA and Anthony Basile, PhD, CPA, CVA, CFE

April 2020 0

In Brief Examinations or audits of an organization's quality control assurance system (QCAS) are not presently required, despite the fact that defective products or services…

Featured

Financial Statement Fraud by External Parties

By  Doug Carmichael

April 2020 0

In Brief Financial statement fraud is often thought of as an “inside job,” something perpetrated by the management or employees of the organization being audited.…

Featured

Closing the ‘Fraud Prevention Canyon’ with Counteractive Control Development

By  Joseph P. Lakatos, JD, LLM, CPA, CFE and Craig D. Shoulders, PhD

April 2020 0

In Brief Fraud continues to be a pervasive problem for businesses across the world. Nevertheless, most business ethics programs are compliance driven and thus fail…

Featured

Litigation and Regulatory Risks

By  Ron Hauben, JD, Claudius B. Modesti, JD, Carolyn Welshhans, JD and Doug Carmichael

March 2020 0

About the Panelists Ron Hauben, JD, vice chair and general counsel at Ernst & Young LLP; Claudius B. Modesti, JD, partner at Akin Gump Strauss Hauer & Feld…

Featured

The Gap between GAAP and Non-GAAP

By  Theresa F. Henry, PhD, CPA, Rob R. Weitz, PhD and David A. Rosenthal, PhD

March 2020 0

In Brief Many companies have increasingly turned to the reporting of non-GAAP measures, which fall outside the realm of generally accepted accounting principles and must…

Featured

Implications of Blockchain on the Audit

By  Brandon Brown, CPA, CISA, Jeremy Goss, CPA, Jagruit Solanki, CPA, CGMA, Amy Steele, CPA and Ami Beers, CPA, CGMA

March 2020 0

About the Panelists Brandon Brown, CPA, CISA, managing director of the risk and financial advisory group at Deloitte & Touche LLP; Jeremy Goss, CPA, audit partner, banking and…

Featured

Applying Auditing Standards in a Scalable Manner

By  CPAJ Staff

March 2020 0

About the Panelists Beverly Bahlmann, CA(SA), deputy director at the IAASB; Bob Dohrer, CPA, CGMA, chief auditor at the AICPA; Shawn P. O'Brien, CPA, senior consultant for business development in…

Featured

ICYMI | Employee Versus Independent Contractor

The IRS and Department of Labor’s Focus on Worker Classification

By  Frank Messina, DBA, CPA, Bruce P. Ely, JD, LLM, Lisa-Ann Polack, PhD, CP and Marena Messina, CPA

February 2020 0

In Brief Classifying a worker as an employee or an independent contractor has a significant effect on the cost of employing that individual. For this…

Feature Articles

ICYMI | Employee Retention: The State of Engagement in Public Accounting Firms and Why It Matters

By  Steven Johnson, DBA, CPA, CITP and Byron Pike, PhD, CPA

January 2020 0

One of the most challenging issues facing leaders in the public accounting profession is the high rate of employee turnover. A recent survey finds that…

Featured

The Application of Business Valuation Services in Financial Reporting, Tax Compliance, and Litigation

By  Frank Kiepura, CPA/ABV

December 2019 0

In Brief As CPAs continue to expand into providing financial and other advisory services, one area of interest is business valuation services. The author explains…

Featured

Tax Treatment of Home-Sharing Activities

By  Mary Ann Hofmann, PhD

November 2019 0

In Brief The proliferation of home-sharing platforms has allowed many property owners to make some extra money by renting out their homes, or portions thereof,…

Featured

How Closing a Tax Loophole Helps Resolve an Accounting Loophole

By  Zhan Furner, PhD, CPA and Denise Dickins, PhD, CPA, CIA

November 2019 0

The Tax Cuts and Jobs Act of 2017 (TCJA) was enacted on December 22, 2017. Among other things, the TCJA amended Internal Revenue Code (IRC)…

Featured

The Elastic Statute of Limitations on Claims for Refund

Why Old Claims May Still Be Open

By  Fabio Ambrosio, JD, LLM, CPA/PFS/ABV, CGMA, CFP, EA, CVA, MAFF, CFE

November 2019 0

In Brief Tax professionals have traditionally cited the statute of limitations on claims for refund to be the later of two years from the date…

Featured

CPA Exam Performance

The Effect of Graduate Education and Accounting Faculty Credentials

By  Stephen E. Rau, PhD, Brian M. Nagle, PhD, CPA (Inactive) and K. Bryan Menk, PhD, CPA

October 2019 0

*** In Brief The debate over how well the accounting curriculum in the United States serves the needs of both students and practitioners continues unabated.…

Featured

Implementing Standards: How Do Preparers Cope?

By  Prabhakar Kalavacherla, Mark LaMonte, Sarah Ovuka, Scott Taub, Amie Thuener and Norman Strauss

September 2019 0

About the Panelists Prabhakar Kalavacherla, a partner in the audit quality and professional practice group at KPMG; Mark LaMonte, former managing director at Moody's Investors Service; Sarah Ovuka,professional accounting…

Posts navigation

1 2 … 6 next

Subscribe to The CPA Journal’s Free Newsletter

Our Latest Content

  • Strategic Finance is Having a Moment February 2023
  • Technostress and the Accounting Profession February 2023
  • Diversifying the Audit Profession February 2023
  • Adding Age (A) to DEI Is a Good IDEA February 2023
  • CPAJ News Briefs: FASB, AICPA February 2023












About The CPA Journal

The CPA Journal is a publication of the New York State Society of CPAs, and is internationally recognized as an outstanding, technical-refereed publication for accounting practitioners, educators, and other financial professionals all over the globe. Edited by CPAs for CPAs, it aims to provide accounting and other financial professionals with the information and analysis they need to succeed in today’s business environment.

Contact Us

The CPA Journal
14 Wall St. 19th Floor
New York, NY 10005
CPAJ-Editors@nysscpa.org

Our Partners

Thomson Reuters Checkpoint
SmartBrief

Subscribe to The CPA Journal’s Free Newsletter

Privacy Policy

View the NYSSCPA privacy policy

© 2022 The New York State Society of CPAs. All rights reserved.