In Brief The new lease accounting standard, released by FASB in early 2016, represents one of the largest and most impactful reporting changes to accounting…
Editor's Note: CPAs who plan to practice in this area are cautioned to familiarize themselves with the relevant state and federal laws governing the distribution, sale,…
Maloney began the panel by discussing recent enforcement cases, focusing on areas where there are, as he put it, “repeat problems.” These included revenue recognition,…
Before I talk about the state of audit quality, I want to provide a quick snapshot of the PCAOB. The Sarbanes-Oxley Act [of 2002] was,…
The Changing Landscape of Financial Reporting
Taking Stock and Looking Forward
Wesley Bricker I think it is fitting to talk about the importance of our shared work in the public interest here at Baruch College, in…
Our Greatest Hits | Community property step-up in basis
From The CPA Journal Archives
"Our Greatest Hits" is an effort to show our readers the most popular - and still avidly read - articles from our archives. This article…
This article originally appeared in our June 2016 Issue. “We're actually confusing people more than we were helping people understand what's going on in the…
The modern marvel of Facebook and other social networking sites has been consuming the leisure time of many Americans for quite a while now, and…
This short book addresses the very important topic of how to save the planet, and it presents the ways in which progress on that goal…
An April 2017 commentary by Jean Rogers, CEO of the Sustainability Accounting Standards Board (SASB), in Investor's Business Daily (“Sustainability Accounting Standards Represent Market—Not Regulatory—Forces…
Making the Case for Corporate Community Engagement
Legal, Accounting, and Business Strategy Considerations
Manion opened the panel by discussing employee engagement with respect to sustainability, saying, “we really think about employee engagement as a key driver of the…
At the SEC, regulators are trying to bring U.S. securities regulation and disclosure into the 21st century. In April, the SEC issued Concept Release 33-10064…
The best way for a CPA firm to become successful is to build long and lasting relationships with clients. The more time CPAs spend with…
As the unemployment rate continues to drop and some visa programs are put on hold, an increasing number of younger people may find it easier…
Kraten opened the panel by showing a video produced by Deloitte highlighting its commitment to diversity in the workplace. Kraten then asked Barton about Deloitte's…
One Company’s Integrated Reporting Journey
The Case of Gold Fields
Global mining companies are subject to a more complex array of external effects and influences than companies in most other industries. The best way to…
Ed Weinstein and Stanley Goldstein have been close friends for four decades and have agreed on almost everything. They were quite surprised a year ago…
Marketers’ Methodologies for Valuing Brand Equity
Insights into Accounting for Intangible Assets
Many companies exhibit a discrepancy between their tangible book value and their market value. For example, global brand expert Kevin Keller cites PepsiCo, which had…
CPAs need to be aware of current developments in key states in order to properly advise taxpayers doing business in multiple jurisdictions. Particularly of note…
The panel began with DeHihns invoking imagery of the Great Depression and the Dust Bowl to remind the audience that sustainability issues are not as…
Few countries can claim that integrated reporting (IR) is common among domestic companies. An exception is South Africa, with many listed and public organizations having…
I like to think of myself as a capital market activist, and that's where you get the title of my most recent book—The Integrated Reporting…
In Brief Corporate sustainability reporting is becoming more widespread with each passing year, and with that growth comes the need for companies to back up…
Tax professionals, and also the general public, well know by now that U.S. taxpayers are required to report foreign financial accounts to the government. Since…
Panel Discussion on Integrated Reporting
A Practical Perspective from Preparers and Practitioners
Sullivan opened the panel by speaking about the importance of a more holistic view of corporate performance. While noting that neither traditional financial reporting nor…
Since the 1930s, we have looked at things through a financial lens, and I'm afraid that cannot pertain in the changed world of the 21st…
In Brief As more and more companies begin to devote serious attention to sustainability reporting, many different systems of rating the depth and effectiveness of…
Transforming Integrated Reporting into Integrated Information Management
A Proposal For Management Accountants
According to the International Integrated Reporting Council (IIRC), “Sustainability reporting is central to integrated reporting. Robust sustainability metrics are included in integrated reports, based on…
Many of the things I'll talk about today are contained my book, The Chief Value Officer, which is based on the principle that a CFO today…