Enough is Enough. I just read another article that described the implementation of the new lease accounting standard as “Daunting”.…
It has been several months since my last post. I spent some time responding to the Brydon Call for Views…
It has been a while since I have posted anything, but I have been compiling the List of items below…
As a result of new language concerning critical audit matters (CAMs), I decided to take a stab at revising the…
I believe the accounting profession is at a critical point, especially in the attest and assurance practice. Technology, complexity, and…
Below is a post from an article in Accounting Today. My comments are below. Article Following are some highlights from…
The accounting profession has recognized over the years that improvements need to be made to the financial statements prepared under…
The audit of financial statements prepared under US GAAP (“Audit”) has morphed into something that was never intended. The Audit…
The elephant in the room is financial statements prepared under US GAAP no longer provides any value. The primary reasons…