The column, “Underpricing Leads to Undervaluing,” by Jason L. Ackerman in the Sep/Oct 2022 CPA Journal was a great article. I wholeheartedly endorse and agree with…
I read with interest “Article on the New Working World of the COVID-19 Pandemic” (Hila Fogel-Yaari and Kelly Gebhart, March/April 2022) of The CPA Journal.…
I read with interest the collection of predictions for 2022 (“The State of the Profession: Predictions for 2022,” December 2021), and I have my own…
I read with interest the article “Using the Guideline Company Method in Valuing Closely Held Companies,” by Nicholas Mastracchio (CPAJ July/August 2020), and I applaud the…
Professor Ed Ketz of Penn State rightly calls out the large accounting firms, in “The Myth of Independence” (March 2020). He joins a wave of…
Although for more than half of my 53-year career in auditing, I managed to avoid any involvement with government GAAP. Yet I found myself interested…
Regarding CPA Exam Performance and the Accounting Curriculum
Letter to the Editor
I recognize that the article “CPA Exam Performance” (Stephen E. Rau, Brian M. Nagle, and K. Bryan Menk, September 2019, http://bit.ly/2NhwIvq) focused on the difference between…
I have to take issue with Jason Ackerman's column, “It's Time to Fire Bad Clients” on “firing” bad clients (October 2018, http://bit.ly/2LwbKYu), This suggestion is flawed…
What Is the ‘Cost’ of Audit Committees?
Letter to the Editor
I read with some concern the article by Arthur J. Radin, “Are Audit Committees Worth the Cost?” published in the August 2018 CPA Journal (http://bit.ly/2pkOuCA). How does…
In the August 2018 article, “Are Audit Committees Worth the Cost?” (http://bit.ly/2pkOuCA), Arthur Radin suggests that audit committees be eliminated. Unfortunately, the article focuses entirely…
Sid Kess, James Grimaldi, and James Revels offer some important advice to recent graduates (“Financial Planning for Workers in the Gig Economy,” August 2018, http://bit.ly/2NmdHL3). This…
I read the May 2018 CPA Journal article, “Untangling the Inherited IRA Rules” by Richard L. Russell Jr., Richard L. Russell, and Kristina Kesselring (http://bit.ly/2NeUw1F). One…
I read with interest “First Look at the Tax Cuts and Jobs Act: Impact on Individual Charitable Giving” by Mark A. Nickerson in the April…
I read with interest the introduction to the June 2018 technology issue of The CPA Journal and the articles related to blockchain technology. I found the blockchain…
The article “The Potential Impact of Lease Accounting on Equity Valuation” (Matthew A. Stallings, November 2017, http://bit.ly/2ktNGIR) provides an example of the effect of the leasing…
I have been following the virtual currency (VC) debate and marketplace for some years now, and would like to share my observations as a person…
Our article in the December 2017 issue of the Journal, “Alternative Dispute Resolution for Accounting and Related Services Disputes,” makes the following statement that needs to…
I read with interest the November 2017 article issue, “Helping Business Owners Understand Valuation Approaches” (Sidney Kess and Edward Mendlowitz, http://bit.ly/2BmvfQv). I congratulate the authors on…
What a terrific issue (September 2017)! There were so many thoughtful and relevant articles related to accounting education that it was hard to narrow down…
I read, with some interest, the recent special issue (September 2017) on accounting education, which discussed pedagogical changes needed to create synergy between academics and…
I just finished reading the September 2017 issue. It was a very good overview of what's wrong (and right) with accounting education. The takeaways for…
The June 2016 debate between Edward Weinstein and Stanley Goldstein about the role of the CPAs in sustainability accounting (“Sustainability—Not GAAP Measurement,” http://bit.ly/2fyI9Pj) presented two views;…
I am disappointed in Samuel P. Gunther's critique (“Independent Auditors Are Not Fiduciaries,” June 2017, http://bit.ly/2uJWYYF) of Richard Kravitz's April 2017 article, “Serving the Public Interest:…
Corporate activities in 2017 were in many ways different from those of 1997. There were approximately 46,000 multinational corporations (MNCs) in 1997, 80,000 in 2011,…
The Authors Respond
Response to Howard Levy
We would like to thank Howard Levy for his complimentary and complementary letter on our article. We initially included most of the “plain paper” financial…
As the author of “Putting the Decades-Long ‘Plain Paper’ Debate to Rest: Will SSARS 21 be the Final Resolution?” (The CPA Journal, November 2015), I…
The Authors Respond
Response to Charles Landes and Michael Glynn
We appreciate and thank Charles Landes and Michael Glynn for their letter commenting on our article. Rest assured that we are not discrediting the quality…
We read with interest Vincent J. Love and Thomas R. Manisero's article in the May 2017 CPA Journal, “Plain Paper Financial Statements Made Not So Plain: An…
In “Serving the Public Interest—Promoting Better Government Reporting and Sustainable Corporate Governance” (April 2017), Editor-in-Chief Richard Kravitz states, “I would argue that [external] auditors have…
The Authors Respond
A Response to “There Is No Financial Fraud Personality Type”
We thank Jeffrey Borenstein and Arthur Radin for reading our articles carefully and preparing their response. We believe, however, that they have substantially misunderstood our…