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

Why Suppliers Will Still Play With Toys 'R' Us

Now that Toys "R" Us Inc. is in bankruptcy, how will it report soon-to-be restructured debt in financial reports? And how will creditors and their auditors decide what value to put on their claims against the company? This example provides an excellent backdrop for accounting students to review and understand the critical accounting rules for troubled debt and its potential restructuring.

This Is the Crazy Tax Math Trump Must Master, Fast

Long ago Congress passed reforms indicating that permanent tax cuts need to be budget neutral relative to the deficit. That's making it very difficult to develop a strategy that aligns with the promised reduction in corporate taxes.

Will Make AI Smarter for Cash

Will artificial intelligence (AI) transform the future state of business and accounting? Likely. One accounting student is among an army of people working in their spare time to make this a reality.

Game Changer: Amber Baldet

Accounting has weathered repeated assertions that computers would eventually displace accountants, yet accounting jobs remain unfilled at all levels. Some thought leaders are again suggesting that a new technology, blockchain, may finally diminish the need for accountants.

Could Puerto Rico Be the Next Tax Haven?

The United States has long complained about foreign tax havens, where American citizens sometimes hid cash and income presumably away from the scrutiny of U.S. officials. That practice has been significantly curtailed by aggressive laws and enforcement. Meanwhile, Puerto Rico, despite being bankrupt, is quietly emerging as a new tax haven (due to loopholes), this time for foreigners.