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Perspectives On The Pathways Commission Report., Robert Bloom Jul 2013

Perspectives On The Pathways Commission Report., Robert Bloom

Robert Bloom

The article presents an analysis of the proposals by the Pathways Commission, sponsored by the American Accounting Association and the American Institute of Certified Public Accountants, aimed to encourage collaboration between academics and practitioners to achieve lasting reform in accounting education. Aside from emphasizing the need for strong linkages among research, practice and education, improving the ability to attract high-potential entrants into the profession is recommended.

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Charting The Future Of The Accounting Profession: Recruiting And Retaining The Next Generation, Robert Bloom, Mark Myring May 2008

Charting The Future Of The Accounting Profession: Recruiting And Retaining The Next Generation, Robert Bloom, Mark Myring

Robert Bloom

In this article, the authors look at the future of the accounting profession in the U.S. The authors reference a study conducted by Robert Half Finance and Accounting which found that the demand for accounting personnel will continue. They suggest that it is necessary to develop new and creative methods of attracting and maintaining staff to remain competitive. They also note the claim made by the Financial Leadership Council that a fundamental shift in the structure of entry-level accounting positions may be necessary.

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Analysis Of Sfas 157, Fair Value Measurements., Jayne Fuglister, Robert Bloom Dec 2007

Analysis Of Sfas 157, Fair Value Measurements., Jayne Fuglister, Robert Bloom

Robert Bloom

The article analyzes the Financial Accounting Standards Board's Statement of Financial Accounting Standards (SFAS) 157, Fair Value Measurements. SFAS 157 provides a comprehensive framework plus specific implementation guidance on the measurement of fair value and required disclosures. It supersedes the piecemeal guidance on fair value contained in previous standards. It includes sections on its scope, fair value measurement, initial recognition, valuation techniques, inputs to valuation techniques, fair value hierarchy, disclosures and transition issues.

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Sfas 154: Accounting Changes And Error Corrections., Robert Bloom, Jayne Fuglister Feb 2006

Sfas 154: Accounting Changes And Error Corrections., Robert Bloom, Jayne Fuglister

Robert Bloom

The article discusses provisions under the Statement of Financial Accounting Standards 154 (SFAS 154), Accounting Changes and Error Corrections. SFAS 154 calls for retrospective application for voluntary changes in accounting principle. It uses the term restatement to refer to revision of previously issued financial statements to correct an error. In a significant change from existing practice, SFAS 154 requires that changes in depreciation, amortization, or depletion methods will now be viewed as changes in estimate that are effected by a change in accounting principle.

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Consolidation And Competition In Public Accounting: An Analysis Of The Gao Report, Robert Bloom, David Schirm Jun 2005

Consolidation And Competition In Public Accounting: An Analysis Of The Gao Report, Robert Bloom, David Schirm

Robert Bloom

Analyzes the report "Public Accounting Firms: Mandated Study on Consolidation and Competition," which focused on the implications of the mergers of accounting firms of Ernst & Young, Deloitte & Touche, KPMG and PricewaterhouseCoopers for smaller firms, released by the U.S. General Accounting Office in July 2003. Status of the competition among audit firms; Limitations of a pure-competition model of the audit market structure which was used to address the observed concentration in the market for audit services; Impact of the merger on public companies.

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Isb’S Conceptual Framework For Auditor Independence, Mike Myring, Robert Bloom Dec 2002

Isb’S Conceptual Framework For Auditor Independence, Mike Myring, Robert Bloom

Robert Bloom

Discusses the conceptual framework for auditor independence of the U.S. Independence Standards Board (ISB). Importance of well-defined conceptual framework; Background on the establishment of the ISB; Purpose of the report 'A Conceptual Framework for Auditor Independence'; Threats to auditor independence; Characterization of safeguards of independence.

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Issues In Accounting Policy : A Reader, Robert Bloom, Pieter Elgers Dec 1994