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Revamped Standards and Guidelines for Returning Relevance, Common Sense, and--Perhaps Most Important--Public Trust to Financial Accounting It's no secret that the staid, stable world of financial accounting has not kept pace with the fast-changing business arena. "Rethinking the Rules of Financial Accounting examines how and why many of the rules of financial accounting have strayed so far from reality, and provides specific recommendations on what must be done--and done soon--to restore balance, accountability and public trust to both the profession and its end product. Praise for "Rethinking the Rules of Financial Accounting: "With a hard-hitting combination of historical perspective and today's headlines, Dr. Anthony describes how to repair the broken building blocks of today's accounting standards. This book should be required reading for anyone who prepares or uses financial statements." --Phillip D. Ameen Vice President and Comptroller, General Electric Company "Dr. Anthony raises important questions about the current methods of reporting on and measuring corporate performance. His suggestions, while certain to be controversial, deserve careful consideration by the accounting profession and others who are concerned with corporate accountability." --Charles Anderson Retired President, Stanford Research Institute "At a time when reappraisal is clearly a matter of urgency, Professor Robert Anthony has given serious and intelligent thought to the way we measure and report on the affairs of business enterprises and has proposed practical changes. "Rethinking the Rules of Financial Accounting deserves our serous attention and study." --Neil A. Harlan Retired Chairman and CEO, McKesson Corp. "Most disciplines--physics, chemistry, economics, medicine, engineering, mathematics--have a conceptual framework for reporting measurements and a set of rules consistent with this framework.

Everything You Need to Know to Establish a Separate Account--and Control Your Own Private Mutual Fund Mutual funds--because of their lack of investment control, hidden fees, and inequitable tax liabilities--are on their way out. "Investing in Separate Accounts covers the numerous advantages of separate accounts over mutual funds and explains why separate accounts have become the new investment of choice for knowledgeable investors. Acclaim for "Investing in Separate Accounts... "Kevin Freeman, as developer of the Franklin Templeton Private Client Group, built a wealth of experience and wisdom which he shares with you in "Investing in Separate Accounts."--Sir John Templeton "Here is the first comprehensive publication that tells the powerful story of managed accounts, how they work, and why they are positioned to dominate in the delivery of investment consulting services in the years ahead."--Christopher L. Davis, Executive Director, The Money Management Institute ""Investing in Separate Accounts is a great book for investors who want to learn how separately managed accounts can help meet their investing objectives."--Steven M.H. Wallman, Founder and CEO, FOLIO"fn "This is the first truly insightful book I have read on the next really big thing: separate accounts."--Jamie Waller, Director of Separate Accounts, Citigroup Asset Management; Former Partner, Checkfree APL "(Erik Davidson and Kevin Freeman's) separate account solution shows a long-term vision for the wealth management clients need."--W. Reay Mackay, Vice Chairman, RBC Financial Group "Clearly, separate accounts have strong selling points. Unlike investing in a mutual fund and immediately being exposed to thefund's embedded capital gains, an investor has some say over stock purchases and sales in a separate account, giving him better control over his tax bills.

Certified Public Accountant - Certified Public Accountants (CPAs) are accountants in the United States who have passed the Uniform CPA exam, which was developed and is maintained by the American Institute of Certified Public Accountants (AICPA), and have subsequently met additional state requirements for licensure as a CPA. Only CPAs are professionally licensed to provide to the public, attestation (including auditing) opinions on publicly disseminated financial statements.

American Institute of Certified Public Accountants - With over 350,000 CPA members (in 2005,) the American Institute of Certified Public Accountants (AICPA) is the largest CPA professional organization in the United States of America. Approximately 40% of its members are engaged in the practice of public accounting, in areas such as auditing, accounting, taxation, general business consulting, business valuation, personal financial planning and business technology.

Hong Kong Institute of Certified Public Accountants - Hong Kong Institute of Certified Public Accountants (香港會計師公會) (HKICPA) is a professional body to regulate the accountancy profession in Hong Kong.

China Institute of Certified Public Accountants - The China Institute of Certified Public Accountants or CICPA is an accounting body based in Beijing with oversight responsibility for accountants in China.

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