Ethics and Professional<br />
Responsibility<br />
Including<br />
· Liability in Compilations · Better Quality Control<br />
· Principles Under IFRSCONTENTS<br />
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january 2011<br />
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24 Accounting & Auditing<br />
❙ Accounting<br />
Will a New Revenue Model Defer Revenues<br />
on Standard Warranties?<br />
By Frank Ryerson III<br />
<br />
❙ Financial Reporting<br />
Goodwill Impairment: Immediate Write-offs<br />
By Natali<a title="The CPA Journal - January 2011 page 1" href="http://viewer.zmags.com/publication/41a62be6?page=1">Ethics and ProfessionalResponsibilityIncluding</a> Ethics and ProfessionalResponsibilityIncluding<a title="The CPA Journal - January 2011 page 2" href="http://viewer.zmags.com/publication/41a62be6?page=2"></a> <a title="The CPA Journal - January 2011 page 3" href="http://viewer.zmags.com/publication/41a62be6?page=3"></a> <a title="The CPA Journal - January 2011 page 4" href="http://viewer.zmags.com/publication/41a62be6?page=4">CONTENTSjanuary 2011</a> CONTENTSjanuary 2011<a title="The CPA Journal - January 2011 page 5" href="http://viewer.zmags.com/publication/41a62be6?page=5">vol. LXXXI/no. 16PERSPECTIVES16IN FO</a> vol. LXXXI/no. 16PERSPECTIVES16IN FO<a title="The CPA Journal - January 2011 page 6" href="http://viewer.zmags.com/publication/41a62be6?page=6"> PublisherJOANNE S. BARRY </a> PublisherJOANNE S. BARRY <a title="The CPA Journal - January 2011 page 7" href="http://viewer.zmags.com/publication/41a62be6?page=7">Get a Head Start on Your CPE with OurJanuary F</a> Get a Head Start on Your CPE with OurJanuary F<a title="The CPA Journal - January 2011 page 8" href="http://viewer.zmags.com/publication/41a62be6?page=8">Why Is the U.S. XBRL Conversion Process So Slow? ,</a> Why Is the U.S. XBRL Conversion Process So Slow? ,<a title="The CPA Journal - January 2011 page 9" href="http://viewer.zmags.com/publication/41a62be6?page=9">Publisher’s Column, Dodd-Frank Sleeper Leaves Con</a> Publisher’s Column, Dodd-Frank Sleeper Leaves Con<a title="The CPA Journal - January 2011 page 10" href="http://viewer.zmags.com/publication/41a62be6?page=10">Why Is the U.S. XBRL Conversion Process So Slow? ,</a> Why Is the U.S. XBRL Conversion Process So Slow? ,<a title="The CPA Journal - January 2011 page 11" href="http://viewer.zmags.com/publication/41a62be6?page=11">Publisher’s Column, Dodd-Frank Sleeper Leaves Conf</a> Publisher’s Column, Dodd-Frank Sleeper Leaves Conf<a title="The CPA Journal - January 2011 page 12" href="http://viewer.zmags.com/publication/41a62be6?page=12">Why Is the U.S. XBRL Conversion Process So Slow? ,</a> Why Is the U.S. XBRL Conversion Process So Slow? ,<a title="The CPA Journal - January 2011 page 13" href="http://viewer.zmags.com/publication/41a62be6?page=13">Fighting fraud with Both Fists, Perspectives, Do</a> Fighting fraud with Both Fists, Perspectives, Do<a title="The CPA Journal - January 2011 page 14" href="http://viewer.zmags.com/publication/41a62be6?page=14"> Fighting fraud with Both Fists, Perspectives, Dod</a> Fighting fraud with Both Fists, Perspectives, Dod<a title="The CPA Journal - January 2011 page 15" href="http://viewer.zmags.com/publication/41a62be6?page=15">CPAs and Investment Compensation: A Better Way, </a> CPAs and Investment Compensation: A Better Way, <a title="The CPA Journal - January 2011 page 16" href="http://viewer.zmags.com/publication/41a62be6?page=16">The Real Law of Client Attraction, Perspectives, p</a> The Real Law of Client Attraction, Perspectives, p<a title="The CPA Journal - January 2011 page 17" href="http://viewer.zmags.com/publication/41a62be6?page=17">Inbox: Letters to the Editor, 1099, lack of tran</a> Inbox: Letters to the Editor, 1099, lack of tran<a title="The CPA Journal - January 2011 page 18" href="http://viewer.zmags.com/publication/41a62be6?page=18">Accountants’ Liability in Compiling Financial St</a> Accountants’ Liability in Compiling Financial St<a title="The CPA Journal - January 2011 page 19" href="http://viewer.zmags.com/publication/41a62be6?page=19">Accountants’ Liability in Compiling Financial Stat</a> Accountants’ Liability in Compiling Financial Stat<a title="The CPA Journal - January 2011 page 20" href="http://viewer.zmags.com/publication/41a62be6?page=20"> Accountants’ Liability in Compiling Financial S</a> Accountants’ Liability in Compiling Financial S<a title="The CPA Journal - January 2011 page 21" href="http://viewer.zmags.com/publication/41a62be6?page=21">Accountants’ Liability in Compiling Financial Stat</a> Accountants’ Liability in Compiling Financial Stat<a title="The CPA Journal - January 2011 page 22" href="http://viewer.zmags.com/publication/41a62be6?page=22">Accountants’ Liability in Compiling Financial Stat</a> Accountants’ Liability in Compiling Financial Stat<a title="The CPA Journal - January 2011 page 23" href="http://viewer.zmags.com/publication/41a62be6?page=23">Accountants’ Liability in Compiling Financial Stat</a> Accountants’ Liability in Compiling Financial Stat<a title="The CPA Journal - January 2011 page 24" href="http://viewer.zmags.com/publication/41a62be6?page=24">Accountants’ Liability in Compiling Financial Stat</a> Accountants’ Liability in Compiling Financial Stat<a title="The CPA Journal - January 2011 page 25" href="http://viewer.zmags.com/publication/41a62be6?page=25">Accountants’ Liability in Compiling Financial Stat</a> Accountants’ Liability in Compiling Financial Stat<a title="The CPA Journal - January 2011 page 26" href="http://viewer.zmags.com/publication/41a62be6?page=26">Accounting, Will A New Revenue Model Defer Revenue</a> Accounting, Will A New Revenue Model Defer Revenue<a title="The CPA Journal - January 2011 page 27" href="http://viewer.zmags.com/publication/41a62be6?page=27">Accounting, Will A New Revenue Model Defer Revenue</a> Accounting, Will A New Revenue Model Defer Revenue<a title="The CPA Journal - January 2011 page 28" href="http://viewer.zmags.com/publication/41a62be6?page=28">Accounting, Will A New Revenue Model Defer Reven</a> Accounting, Will A New Revenue Model Defer Reven<a title="The CPA Journal - January 2011 page 29" href="http://viewer.zmags.com/publication/41a62be6?page=29">Accounting, Will A New Revenue Model Defer Revenue</a> Accounting, Will A New Revenue Model Defer Revenue<a title="The CPA Journal - January 2011 page 30" href="http://viewer.zmags.com/publication/41a62be6?page=30">Financial Reporting, Goodwill Impairment: Immedia</a> Financial Reporting, Goodwill Impairment: Immedia<a title="The CPA Journal - January 2011 page 31" href="http://viewer.zmags.com/publication/41a62be6?page=31"> Financial Reporting, Goodwill Impairment: Imm</a> Financial Reporting, Goodwill Impairment: Imm<a title="The CPA Journal - January 2011 page 32" href="http://viewer.zmags.com/publication/41a62be6?page=32">Financial Reporting, Goodwill Impairment: Immedia</a> Financial Reporting, Goodwill Impairment: Immedia<a title="The CPA Journal - January 2011 page 33" href="http://viewer.zmags.com/publication/41a62be6?page=33">Financial Reporting, Goodwill Impairment: Immed</a> Financial Reporting, Goodwill Impairment: Immed<a title="The CPA Journal - January 2011 page 34" href="http://viewer.zmags.com/publication/41a62be6?page=34">Corporate Taxation, Tax Considerations of Closely </a> Corporate Taxation, Tax Considerations of Closely <a title="The CPA Journal - January 2011 page 35" href="http://viewer.zmags.com/publication/41a62be6?page=35">Corporate Taxation, Tax Considerations of Closely </a> Corporate Taxation, Tax Considerations of Closely <a title="The CPA Journal - January 2011 page 36" href="http://viewer.zmags.com/publication/41a62be6?page=36"> Corporate Taxation, Tax Considerations of Closely</a> Corporate Taxation, Tax Considerations of Closely<a title="The CPA Journal - January 2011 page 37" href="http://viewer.zmags.com/publication/41a62be6?page=37">Corporate Taxation, Tax Considerations of Closely </a> Corporate Taxation, Tax Considerations of Closely <a title="The CPA Journal - January 2011 page 38" href="http://viewer.zmags.com/publication/41a62be6?page=38">Federal taxation, Finding Clarity in the IRS’s Pos</a> Federal taxation, Finding Clarity in the IRS’s Pos<a title="The CPA Journal - January 2011 page 39" href="http://viewer.zmags.com/publication/41a62be6?page=39"> Federal taxation, Finding Clarity in the IRS’s </a> Federal taxation, Finding Clarity in the IRS’s <a title="The CPA Journal - January 2011 page 40" href="http://viewer.zmags.com/publication/41a62be6?page=40">Federal taxation, Finding Clarity in the IRS’s Pos</a> Federal taxation, Finding Clarity in the IRS’s Pos<a title="The CPA Journal - January 2011 page 41" href="http://viewer.zmags.com/publication/41a62be6?page=41">Federal taxation, Finding Clarity in the IRS’s Pos</a> Federal taxation, Finding Clarity in the IRS’s Pos<a title="The CPA Journal - January 2011 page 42" href="http://viewer.zmags.com/publication/41a62be6?page=42">Markets, Investments, Understanding the “Flash Cra</a> Markets, Investments, Understanding the “Flash Cra<a title="The CPA Journal - January 2011 page 43" href="http://viewer.zmags.com/publication/41a62be6?page=43">Markets, Investments, Understanding the “Flash Cra</a> Markets, Investments, Understanding the “Flash Cra<a title="The CPA Journal - January 2011 page 44" href="http://viewer.zmags.com/publication/41a62be6?page=44">Markets, Investments, Understanding the “Flash C</a> Markets, Investments, Understanding the “Flash C<a title="The CPA Journal - January 2011 page 45" href="http://viewer.zmags.com/publication/41a62be6?page=45">Markets, Investments, Understanding the “Flash Cra</a> Markets, Investments, Understanding the “Flash Cra<a title="The CPA Journal - January 2011 page 46" href="http://viewer.zmags.com/publication/41a62be6?page=46">Markets, Investments, Understanding the “Flash Cra</a> Markets, Investments, Understanding the “Flash Cra<a title="The CPA Journal - January 2011 page 47" href="http://viewer.zmags.com/publication/41a62be6?page=47">Markets, Investments, Understanding the “Flash C</a> Markets, Investments, Understanding the “Flash C<a title="The CPA Journal - January 2011 page 48" href="http://viewer.zmags.com/publication/41a62be6?page=48">Personal finance, Planning for Affluent Taxpayers </a> Personal finance, Planning for Affluent Taxpayers <a title="The CPA Journal - January 2011 page 49" href="http://viewer.zmags.com/publication/41a62be6?page=49">Personal finance, Planning for Affluent Taxpayers </a> Personal finance, Planning for Affluent Taxpayers <a title="The CPA Journal - January 2011 page 50" href="http://viewer.zmags.com/publication/41a62be6?page=50">Markets, investments, Ratings Users Beware: Using </a> Markets, investments, Ratings Users Beware: Using <a title="The CPA Journal - January 2011 page 51" href="http://viewer.zmags.com/publication/41a62be6?page=51">Markets, investments, Ratings Users Beware: Using </a> Markets, investments, Ratings Users Beware: Using <a title="The CPA Journal - January 2011 page 52" href="http://viewer.zmags.com/publication/41a62be6?page=52">Markets, investments, Ratings Users Beware: Using </a> Markets, investments, Ratings Users Beware: Using <a title="The CPA Journal - January 2011 page 53" href="http://viewer.zmags.com/publication/41a62be6?page=53"> Markets, investments, Ratings Users Beware: Usi</a> Markets, investments, Ratings Users Beware: Usi<a title="The CPA Journal - January 2011 page 54" href="http://viewer.zmags.com/publication/41a62be6?page=54">Practice management, Benefits of Effective Quality</a> Practice management, Benefits of Effective Quality<a title="The CPA Journal - January 2011 page 55" href="http://viewer.zmags.com/publication/41a62be6?page=55">Practice management, Benefits of Effective Quality</a> Practice management, Benefits of Effective Quality<a title="The CPA Journal - January 2011 page 56" href="http://viewer.zmags.com/publication/41a62be6?page=56">Practice management, Benefits of Effective Quali</a> Practice management, Benefits of Effective Quali<a title="The CPA Journal - January 2011 page 57" href="http://viewer.zmags.com/publication/41a62be6?page=57">Practice management, Benefits of Effective Quality</a> Practice management, Benefits of Effective Quality<a title="The CPA Journal - January 2011 page 58" href="http://viewer.zmags.com/publication/41a62be6?page=58">Practice management, Benefits of Effective Quali</a> Practice management, Benefits of Effective Quali<a title="The CPA Journal - January 2011 page 59" href="http://viewer.zmags.com/publication/41a62be6?page=59">Practice management, Benefits of Effective Quali</a> Practice management, Benefits of Effective Quali<a title="The CPA Journal - January 2011 page 60" href="http://viewer.zmags.com/publication/41a62be6?page=60">Corporate governance, The Decision to Adopt a Claw</a> Corporate governance, The Decision to Adopt a Claw<a title="The CPA Journal - January 2011 page 61" href="http://viewer.zmags.com/publication/41a62be6?page=61"> Corporate governance, The Decision to Adopt a </a> Corporate governance, The Decision to Adopt a <a title="The CPA Journal - January 2011 page 62" href="http://viewer.zmags.com/publication/41a62be6?page=62">Corporate governance, The Decision to Adopt a Claw</a> Corporate governance, The Decision to Adopt a Claw<a title="The CPA Journal - January 2011 page 63" href="http://viewer.zmags.com/publication/41a62be6?page=63">Corporate governance, The Decision to Adopt a Claw</a> Corporate governance, The Decision to Adopt a Claw<a title="The CPA Journal - January 2011 page 64" href="http://viewer.zmags.com/publication/41a62be6?page=64">Corporate governance, The Decision to Adopt a Claw</a> Corporate governance, The Decision to Adopt a Claw<a title="The CPA Journal - January 2011 page 65" href="http://viewer.zmags.com/publication/41a62be6?page=65">Corporate governance, The Decision to Adopt a Claw</a> Corporate governance, The Decision to Adopt a Claw<a title="The CPA Journal - January 2011 page 66" href="http://viewer.zmags.com/publication/41a62be6?page=66">The Control Environment in Not-for-Profit Organiza</a> The Control Environment in Not-for-Profit Organiza<a title="The CPA Journal - January 2011 page 67" href="http://viewer.zmags.com/publication/41a62be6?page=67"> The Control Environment in Not-for-Profit Organiz</a> The Control Environment in Not-for-Profit Organiz<a title="The CPA Journal - January 2011 page 68" href="http://viewer.zmags.com/publication/41a62be6?page=68">The Control Environment in Not-for-Profit Organi</a> The Control Environment in Not-for-Profit Organi<a title="The CPA Journal - January 2011 page 69" href="http://viewer.zmags.com/publication/41a62be6?page=69"> The Control Environment in Not-for-Profit Organi</a> The Control Environment in Not-for-Profit Organi<a title="The CPA Journal - January 2011 page 70" href="http://viewer.zmags.com/publication/41a62be6?page=70">Responsibilities, leadership, Ethics, Professional</a> Responsibilities, leadership, Ethics, Professional<a title="The CPA Journal - January 2011 page 71" href="http://viewer.zmags.com/publication/41a62be6?page=71">Responsibilities, leadership, Ethics, Professional</a> Responsibilities, leadership, Ethics, Professional<a title="The CPA Journal - January 2011 page 72" href="http://viewer.zmags.com/publication/41a62be6?page=72">Responsibilities, leadership, Ethics, Profession</a> Responsibilities, leadership, Ethics, Profession<a title="The CPA Journal - January 2011 page 73" href="http://viewer.zmags.com/publication/41a62be6?page=73">Responsibilities, leadership, Ethics, Professional</a> Responsibilities, leadership, Ethics, Professional<a title="The CPA Journal - January 2011 page 74" href="http://viewer.zmags.com/publication/41a62be6?page=74">Responsibilities, leadership, Ethics, Professional</a> Responsibilities, leadership, Ethics, Professional<a title="The CPA Journal - January 2011 page 75" href="http://viewer.zmags.com/publication/41a62be6?page=75">What to Bookmark, Website of the Month, Nonprofit </a> What to Bookmark, Website of the Month, Nonprofit <a title="The CPA Journal - January 2011 page 76" href="http://viewer.zmags.com/publication/41a62be6?page=76">ClassifiedPROFESSIONAL OPPORTUNITY l BUSINESS l TA</a> ClassifiedPROFESSIONAL OPPORTUNITY l BUSINESS l TA<a title="The CPA Journal - January 2011 page 77" href="http://viewer.zmags.com/publication/41a62be6?page=77">WESTERN NASSAU COUNTY CPA FIRMEstablished 22</a> WESTERN NASSAU COUNTY CPA FIRMEstablished 22<a title="The CPA Journal - January 2011 page 78" href="http://viewer.zmags.com/publication/41a62be6?page=78">SALES TAX PROBLEMS?More than 25 years of handl</a> SALES TAX PROBLEMS?More than 25 years of handl<a title="The CPA Journal - January 2011 page 79" href="http://viewer.zmags.com/publication/41a62be6?page=79">FAMILY OFFICE ADVISORSSee our ad under Profess</a> FAMILY OFFICE ADVISORSSee our ad under Profess<a title="The CPA Journal - January 2011 page 80" href="http://viewer.zmags.com/publication/41a62be6?page=80"> </a> <a title="The CPA Journal - January 2011 page 81" href="http://viewer.zmags.com/publication/41a62be6?page=81">ECONOMIC & MARKET DATAmonthly up</a> ECONOMIC & MARKET DATAmonthly up<a title="The CPA Journal - January 2011 page 82" href="http://viewer.zmags.com/publication/41a62be6?page=82">2011 Payroll Tax Holiday, Mary-Jo Kranacher, edito</a> 2011 Payroll Tax Holiday, Mary-Jo Kranacher, edito<a title="The CPA Journal - January 2011 page 83" href="http://viewer.zmags.com/publication/41a62be6?page=83"></a> <a title="The CPA Journal - January 2011 page 84" href="http://viewer.zmags.com/publication/41a62be6?page=84"></a>