Advisory Panel

Accounting & Taxation

Larry Walther, Ph.D., CPA, CMADavid George Vequist IV, Ph.D.

Business Fundamentals

Ralph W Flanary, MBA, CFEThomas Coe

Business Strategy

James Richardson, Ph.D.

Career Readiness - Exploring Your Potential

Bob Cohen, MBA


Brian Kench, Ph.D.Derek Abrams


Craig A. Turner, Ph.D.


Delvin D. Hawley, Ph.D.

Information Technology

Angelina I. T. Kiser, Ph.D.

International Business

Duane Helleloid, Ph.D.

Operations Management

James J. Stewart, DScPedro M. Reyes, Ph.D.

Org Behavior & HR

Katherine Campbell, Ph.D.

Larry Walther, Ph.D., CPA, CMA

Larry Walther is Associate Professor and Chair of the Department of Accounting at the University of Texas at Arlington. He is the author of numerous articles and books on accounting subject matters and is a frequent consultant to businesses on complex financial accounting issues. He has public accounting and industry experience and has piloted several businesses from start-up to successful sale to larger public corporations. His latest academic endeavor is an online textbook that can be viewed at He holds a PhD from Oklahoma State University and an MPA and BBA from University of Texas at Arlington.

Recent Reviews All Reviews

Tied Up in Knots

India recently implemented a Goods and Services Tax (GST). This system is touted as one that is fairer, but its implementation is off to a rocky start in India as the economy hits the skids.

The Long, Absurd History of U.S. Taxes — and Where We Go From Here

From 1776 to today, this article provides an excellent history of taxation in America, showing why today's furor about revisions to the U.S. tax code may be regarded as nothing new. The data on taxes in relation to overall production, within the United States and elsewhere, also reveal that not much has changed in the last several decades, despite numerous tweaks to the code.

Electric Vehicles: EVs From Tesla and GM May Start Losing Their Tax Credits

Tesla has become the poster child for electric vehicles (EVs) of the future, and virtually all auto manufacturers are racing to get into the game. However, the secret of clean energy cars is that the real driver is the market for tax credits. Those credits are slated to expire rather quickly, and no one knows if the result will be a big crash.

GE Turns the Lights Out on the Immelt Era

How important are those mundane concepts related to earnings per share, price/earnings ratios, and dividend yield? Wall Street is terribly fixated on this stalwart's earnings and cash flows and is paranoid that dividends will not be able to be sustained. For investors in the stock, these key ratios are anything but mundane.

Taxes: The Small Print

Are you looking for a quick synopsis of proposed tax changes? Look no further! Here, on one simple page, is a summary of what's in the works.