At the 2011 A&A conference, Suzan C. Dennis, CPA, had a great comment. I’ll summarize and expand her idea:
If you have a flash of brilliant insight on a new and creative way to account for some issue, you may have a bad idea.
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That insightful flash of creative accounting? Maybe not a good thing.Read More »
That insightful flash of creative accounting? Maybe not a good thing. Read More »
Here is another reminder as you start thinking about your December 2011 audits:
These comments will be highly summarized. If you see something that applies in your client base, get hold of the authoritative literature.
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Reminders for your 12-11 audits – Part 2 – SASs 118, 119, 120Read More »
Reminders for your 12-11 audits – Part 2 – SASs 118, 119, 120 Read More »
The swinging of a pendulum is a great word picture for describing change. Especially helps for explaining shifts in computing power. The pendulum swung from dumb terminals to personal computers and now to ‘the cloud’.
I mention this in a post at my other blog, Outrun Change: The computing pendulum has swung back to dumb terminals and service bureaus – will it swing back?
There I discuss and link to a post by John Bredehoft.
By the way, my ponderings about the change taking place around us are posted on the other blog. That leaves this blog focused on attestation issues.
Pendulum swings in how we use computers Read More »
Delivering books in PDF format is old news.
Today I looked at the process anew and laughed in marvel at the simplicity, low-cost, and blinding speed of doing so. Posted my thoughts on my other blog Outrun Change at: It’s a blast being alive today, or, isn’t technology cool?
Reflections on the zero cost and inconsequential time to deliver a 2,500 page book. Read More »
Here are a few reminders as you are auditing December 2011 financial statements. These comments will be very summarized. They’re in plain English instead of formal accountantese. If you see something here that applies to your clients or is brand new information for you, check out the authoritative literature.
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Reminders for your 12-11 audits – Part 1 Read More »
The AICPA occasionally publishes a newsletter addressing attestation issues. Recently there have been one or two issues per year. Previously it was quarterly.
There is an October 2011 newsletter available here.
New issue of ‘In Our Opinion’ newsletter is out Read More »