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The Wall Street Journal on Accounting.

The Wall Street Journal on Accounting by Lee Berton and Jonathan B. Schiff, Dow Jones-Irwin, 1818 Ridge Road, Homewood, IL 60430, $39.95.

This compilation of articles from The Wall Street Journal translates the accounting issues affecting both the business and personal lives of accountants in clear and concise fashion. This quick reference helps decipher annual reports and find out what's happening to investments. Readers learn how the professionals who set the standards in accounting and auditing are issuing rules which could affect pensions, medical costs, financial instruments and taxes. Practitioners will find insight on how consulting, a powerful second profession within the accounting field, is threatening to split apart the large CPA firms. Twenty sections on accounting and related topics give readers all of the latest information on bank, utility company and industry reporting; accounting for pensions and medical benefits; accounting for income taxes; important tax issues; lease accounting; professional self-regulation; the controversy in standard setting; and humor in accounting.
COPYRIGHT 1990 National Society of Public Accountants
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1990 Gale, Cengage Learning. All rights reserved.

Article Details
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Publication:The National Public Accountant
Article Type:Book Review
Date:Feb 1, 1990
Words:161
Previous Article:Section 331 liquidations.
Next Article:1990 Business Expense Log.
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