Recommended Reading for Globalization of Accounting Standards:

1.  Robert Herz, “Towards a Global Reporting System , Where Are We and Where Are WE Going”, AICPA National Conference on SEC and PCAOB Reporting Developments, December 10, 2007 (available on FASB’s website at www.fasb.org)

2.  Reilly, David. “Foreign Affairs: Is End Near for ‘U.S. Only’ Accounting”, the Wall Street Journal, June 21, 2007.

3.  Turley, Jams S. “Mind the GAAP”, the Wall Street Journal, Nov. 9, 2007.

4.  Reilly, David and Kara Scannell. “Global Accounting Effort Gains a Step-SEC Drops Requirement on Foreign Companies, But Other Challenges Loom’, the Wall Street Journal, Nov. 16, 2007.

5.  “Closing the GAAP”, the Wall Street Journal (Editorial), December 12, 2007

Recommended Reading for Conduits Set up by Banks and SPE:

1.  Reilly, D. C. Mollenkamp and R. Sidei“Conduit Risks Are Hovering Over Citigroup—If the Vehicles go Sour, Rescues Could be Costly; Bank has ‘No Concerns”, the WSJ 9/5/2007.

2.  Levitz, J. and T. Lauricella. “Credit Crunch: State Street Is Exposed to Conduit-Backed Assets—Vehicle have Caused Headaches in Europe; Bond Fund Loses Value”, The WSJ, 8/29/2007.

3.  Reily, D., C. Mollenkamp. “Conduits in Need of a Fix—Subprime Hazards Lurk In Special Pipelines Held Off Bank Balance Sheets”. The WSJ, 8/30/2007.

4.  Benston, George J., Al L. Hartgraves, 2002. "Enron: what happened and what we can learn from it", Journal of Accounting and Public Policy, Vol 21, pp105-127.

Recommended Reading for Leases:

1.  Leone, M. 2006. “FASB Votes to Revamp Lease Accounting”, the CFO.COM, (July 19).

2.  Reilly, D. 2006. Outside Audit: Up for Overhaul: Lease Accounting---Rule makers Aim to Rein in Off-the-Books Approaches Possibly Exposing Billions. The Wall Street Journal (July 18).

3.  Siobhan Hughes, 2005. “Many Companies Move to Clean Up Lease Accounting,” The Wall Street Journal, 3/2/2005.

4.  Weil, Jonathan. 2004. Open Secrets: How leases Play a Shadowy Role in Accounting --- Despite a Post-Enron Push, Companies Can Still Keep Big Debts Off Balance Sheets. The Wall Street Journal (September 22).

5.  Covert, James. 2002. “Questioning the Books: Retainlers May Face Heightened Scrutiny Over Use of ‘Special-Purpose Entities’”, the WSJ, March 29.

6.  Kilpatrick, B. G. and N. L.Wilburn. 2006. Off Balance-Sheet Financing & Operating Leases: Impact on Lessee Financial Ratios. The RMA Journal, December 2006/January 2007, Vol. 89, Issue 4, pp80-87.

7.  Securities and Exchange Commission, “Report and Recommendations Pursuant to Section 401 © of the Sarbanes-Oxley Act of 2002 On Arrangements with Off-Balance Sheet Implication, Special Purpose Entities, and Transparency of Filing by Issuers”, June 2005.

8.  Ryan, G. S. (Chair), R. Herz, T. Iannaconi, L. A. Maines, K.G. Palepu, K. Schipper, C. M. Schrand, D. Skinner, and L. Vincent. 2001. Evaluation of the Lease Accounting Proposed in G4+1 Special Report. Accounting Horizons,(September):289-298.

9.  Lipe, R. C. 2001. Lease Accounting Research and the G4+1 Proposal. Accounting Horizons (September):299-310.

10.  _____ 1997. Operating Leases: Income Effects of Constructive Capitalization. Accounting Horizons (June):12-32.

11.  Imhoff, E.A., R. C. Lipe, and D.W. Wright. 1991. Operating leases: Impact of Constructive Capitalization. Accounting Horizons (March):51 – 63.

Recommended Reading for Earnings Management:

1.  Graham John R., Campbell R. Harvey and Shiva Rajgopal, 2005. “The Economic Implications of Corporate Financial Reporting”, Journal of Accounting and Economics 40, P3-73.

Recommended Reading for Statement of Cash Flows :

1.  Diya Gullapalli, 2005. “Moving the Market—Tracking the Numbers/Outside Audit: Little Campus Lab Shakes Big Firms—Georgia Tech Crew’s Report Spurs Change in accounting for Operating Cash Flow,” The Wall Street Journal, 3/1/2005.

2.  Michael Rapoport, 2005. “Moving the Market—Tracking the Numbers/ Outside Audit: ‘Cash Flow’ Isn’t What It Used to Be---With Wary Eye on SEC, Large Companies Revise Their Operating Figures,” The Wall Street Journal, 3/24/2005.

Recommended Reading for Pension Benefits:

1.  Patricia A. Williams, 2005. “The Effect of Pension Income on the Quality of Corporate Earnings: IBM, A Case Study,” Issues in Accounting Education, Vol. 20, No. 2, pp167-181.

2.  Ellen E. Schultz, “SEC Investigates Six Companies on Pension, Benefit Accounting,” The Wall Street Journal, 10/18/2004.

3.  David Reilly, 2006. “Moving the Market—Tracing the Numbers/Outside Audit: FASB to Move Pension Accounting From Footnotes to Balance Sheets,” The Wall Street Journal, 3/31/2006.

4.  Lee Gomes, 2007. “H-P’s Pension Switch Signals End to Era of Cozy Retirements,” The Wall Street Journal, 3/14/2007. a