Publisher's Information

CONTENTS

JUNE 2007

VOLUME 203 NUMBER 6

This symbol identifies articles in the home study CPE program.

FINANCIAL REPORTING/TECHNOLOGY
ROI on XBRL
by John Stantial
A Fortune 100 issuer shares costs and benefits of financial reporting with interactive data.
For CPAs responsible for financial reporting.

TECHNOLOGY WORKSHOP
Stay Connected on the Road
by Bob Jennings
Just because you travel on business doesn’t mean your critical technology tools can’t come with you. With the right choices, you can easily perform all the technology tasks you do in the office with a compact and lightweight toolkit.
For all CPAs.

TECHNOLOGY WORKSHOP
Remote Assistance
by Simon Petravick, Coleen S. Troutman and W. Peter Schroeder
A colleague or a client is having computer trouble and needs your help, but the computer is in Texas and the expert who can fix the problem is in New Jersey. No problem. We’ll show you how to fix the computer by remote control.
For all CPAs.

TECHNOLOGY WORKSHOP
Collaborate on the Web
by Yu Cong and Hui Du
New Web sites contain applications that allow you to collaborate on documents and spreadsheets via the Internet whether a colleague is on the other side of the globe or in an adjoining office. The applications resemble Word and Excel, so most users will be comfortable working with them.
For all CPAs.

ARTICLES
FRAUD/TECHNOLOGY
Flexing Your Super Financial Sleuth Power
by Mark Lehman, Marcia Weidenmier Watson and Tim Jones
Want to put the power of an automated Excel template to work in your fraud-detection toolkit? A 20th century physicist named Frank Benford left auditors and others a principle that, with additional statistical analysis and Excel’s PivotTable feature, can help shine a spotlight on even well-camouflaged misdeeds.
For CPA auditors and CPAs who advise businesses.

PRACTICE DEVELOPMENT/CAREERS
Place a Bet on Gaming
by Cheryl Rosen
From Las Vegas to Minnesota, casinos offer a growth niche for CPAs with a background in auditing and a bent for excitement. Whether you’re a partner in a small firm or a new CPA with a talent for data mining, qualified accountants are needed to keep an eye on millions of unrecorded transactions.
For all CPAs.

GOVERNMENT/FINANCIAL REPORTING
Closing the Gaps in GAAP
by Craig D. Shoulders and Robert J. Freeman
GASB’s implementation guides play an integral role in applying GAAP to state and local governments. Learn what financial statement preparers and auditors need to know to use the guidance properly.
For CPAs who prepare or audit financial statements for state and local governments.

FINANCIAL REPORTING/INTERNATIONAL
IFRS: Coming to America
by Lawrence M. Gill
Are you ready? FASB and the IASB are on the fast track to converge their standards. Explore developments and major differences between U.S. and global accounting.
For all CPAs.

FINANCIAL REPORTING
Two Years and Counting
by Kathryn E. Scarborough and Mark H. Taylor
Armed with two full years of Sarbanes-Oxley section 404 reports, the authors analyze whether section 404 has lived up to its intended purpose to improve the quality of financial reporting and share lessons for smaller public companies preparing to comply with section 404.
For CPAs who work for or audit public companies.

BUSINESS & INDUSTRY
Value Proposition
by Nicholas J. Mastracchio Jr.
The labor market for finance and accounting professionals is tight—especially for CPAs. Here are some reasons your company should insist on hiring CPAs for key finance and leadership positions.
For finance executives in business and industry.