Chapter 5: The CPA Journal

5. FASB Accounting Standards

Recommended Supplement: The CPA Journal




The CPA Journal, as one might suspect, has a certain tax information bias to the contents, ads, and articles. This magazine is not heavy into format presentation. It's relatively short-80 pages-and somewhat, dare I say it, colorless. Look for about six articles of six to eight pages each that are analytical and relatively easy to read if one is somewhat familiar with accounting-speak. Departmental segments cover such items as:

News and views The CPA and the computer
Accounting The CPA consultant
Auditing State and local taxation
Federal taxation The CPA in industry

Two other valuable sources are the Journal of Accountancy and Accounting Horizons. The Journal of Accountancy is from the American Institute of Certified Public Accountants ([212] 575-3857). The AICPA also has an on-line database called National Automated Accounting Research System (NAARS), which offers financial statements, proxy statements, accounting literature, and the like, the most current of which goes back five years. Information on cost and availability can be obtained by calling (212) 575-6200. Accounting Horizons is published quarterly by the American Accounting Association ([941] 921-7747). According to the editors, Horizons publishes carefully edited, articulately written, practice-based papers. Practitioners are widely used in the review process because their views concerning what is relevant are invaluable. Horizons represents a partnership between the accounting profession and academia. The common thread among all articles published in Accounting Horizons is that they are applied. The journal is approximately 200 pages, covering seven or eight articles, a commentary section, reviews, and placement section.

Something to Do

The AICPA offers Professional Standards, U.S. Auditing Standards, Accounting Review Services, Bylaws, International Accounting, Ethics, International Auditing, Management Advisory Services, Quality Control, and Tax Practice (two volumes). Give the AICPA a call at (312) 583-8500 and ask for promotional material on any of the sources that seem to be of interest for your business career.



Some Useful Web Sites:

Name Location: http://

AccountingNet www.accountingnet.com
American Institute of CPA's www.aicpa.org
Anet (Online Accounting Discussion Groups) www.Anet.scu.edu.au/ANetHomePage.html
Accounting & Auditing Information Service www.umass.edu/acctg
Associated Accounting Firms International www.accountingnet.com/asso/aafi
Association for Computing Machinery www.acm.org/sigs
Browse the Federal Tax Code www.tns.lcs.mit.edu/uscode
Cash for Your Used Clothing www.taxsave.com
Cyber Accountnat www.cyber-cpa.com
Deloitte & Touche www.dttus.com
Directory of CPA Firms www.cba.bgsu.edu/amis/cpafirms
Dun and Bradstreet www.dbisna.com
Ernst & Young www.ey.com/us/tax
Essential Links to Taxes www.el.com/totheweb/taxes
Financial Accounting Standards Board raw.wutgers.edu/raw/fasb
Flat Tax Homepage flattax.house.gov/calc.html
Florida Institute of CPAs www.ficpa.org
Grant Thornton www.gt.com/gtonline/homeonl.html
Hoover's Online (Financial Data) www.hoovers.com
Internal Auditing World Wide Web www.birwise.net/iawww
International Federation of Accountants www.ifac.org
IRS www.irs.ustreas.gov
IRS Tax Site www.irs.ustreas.gov/prod/search/site_tree.html
Online Banking and Financial Services www.orcc.com/banking.htm
Research Institute of America www.riatax.com
Rutgers Accounting Web www.rutgers.edu/accounting
Secure Tax www.securetax.com
Small Business Accountants of America www.sbaa.com
The Tax Prophet www.taxprophet.com
Taxing Times www.scubed.com/tax
Wall Street Information www.natcorp.com/ir
1040.com www.1040.com


The CPA Journal
www.cpajournal.com

cpaj@luca.com

The CPA Journal

ISSN 0732-8435
For more information, call: New York State Society of Certified Public Accounts,
Phone (212)719-8336


In this section:

  1. Hoover's Handbooks
  2. Standard & Poor's
  3. Robert Morris Associates' Annual Statement Studies
  4. FASB Accounting Standards
  5. The Wall Street Journal
  6. Occupational Outlook Handbook
  7. Harvard Business Review
  8. Who's Who in America
  9. MIT's Technology Review
  10. Small Business Sourcebook
  11. Peterson's Guide to Four-Year Colleges
  12. American Heritage
  13. The Worldly Philosophers

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