Professor Elam

Sunday October 3, 2010

On the life long value of the CPA designation

I don't know what it means to be a CPA

But I sure know what it means NOT to be a CPA

On the importance of exam preparation

Oh I just took it to see what it's like…..

On the assumption that all CPAs are accountants

Accounting  – 360 degrees of possibilities

Accountants are boring and unimaginative

It is illogical to suggest that because you can read a financial statement and Sallie cannot, that

Sallie must be more creative than yourself

And besides, whatever Skilling was or was not guilty of

The Enron bunch never lacked for imagination

Why are CPAs a permanent fixture on the business scene?

Because sooner or later, it's all about the money….