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.


Douglas L. Wilson, MBA

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

The Future of Fishing

Orvis is launching its newest fly-fishing rod, the H3. This beauty will sell for $850, and avid anglers are expected to be lining up to buy them. So what does this have to do with accounting? It provides the perfect case to discuss the U.S. and global approaches to accounting for research and development (R&D) costs, and to consider the huge implications on reported income measures.

Mamas, Don't Let Your Babies Grow Up to Be Appraisers

Advances in big data at Zillow and elsewhere are helping automation creep into knowledge-based professions.

Disputing Credit Card Charges Gets Easy

Bad debts expense, also known as uncollectible accounts expense, is skyrocketing. The reason? The ease with which consumers can now dispute credit card charges using “one touch” technology. This poses new measure risk challenges for the accounting department.

One Tax to Rule Them All

India is about to become the next major world economy to adopt a simplified goods and services tax (GST), the equivalent of a sales tax. This promises to usher in business simplification, efficiency, and economic growth. The success (or failure) of this tax may eventually point the way to a whole new way of taxation for the U.S. economy.

ICO Is the New IPO

Blockchain technology, the kind of encryption that supposedly creates a secure transaction record, offers the potential to revolutionize business. It already forms the backbone of Bitcoin and other digital currencies that are emerging to great fanfare. This article provides essential insights into this developmen, but what are some of the accounting implications?