Microcomputer spreadsheet programs can ease both preparation and grading of accounting examination questions whose solutions involve lengthy, sequential calculations.

Reviews the book "Accounting Information Systems: A Cycle Approach," by Leonard A. Robinson, James R. Davis, and C. Wayne Alderman.

Reviews the book "Corporate Reporting: Its Future Evolution," by Edward Stamp.

Reviews the book "Sampling Methods for the Auditor: An Advanced Treatment," by Herbert Arkin.

Reviews the book "Management Forecasts of Earnings: Issues and Practices," by D.H. Drury.

Recently the Auditing Standards Board withdrew its proposal to clarify the language of the standard short-form audit report. This paper examines the responses by preparers, auditors, and users of financial statements that precipitated the withdrawal. Although the extent of unfavorable general reaction does not provide a complete explanation for the withdrawal, the differing reactions of various groups to its specific proposals suggest that a less ambiguous report may require a broader consensus concerning the functions and responsibilities of auditors.

Reviews the book "Computer Auditing," by Andrew D. Chambers.

Reviews the book "Accounting Information Systems and Business Organizations," 3rd ed., by Barry E. Cushing.

Recently, several state legislators have supported the imposition of a mandatory five-year accounting education requirement for entrance into the public accounting profession. This has occurred despite controversy over the efficacy of such a proposal. This paper explores the economic incentives of accounting labor suppliers in providing an extra year of accounting education, and evaluates the ramifications of an imposed five-year minimum education requirement upon the accounting labor market. Education will be presented as a quality signal from which potential employers can predict employee productivity in markets characterized by information asymmetry.

Reviews the book "Readings and Cases in Governmental and Nonprofit Accounting," edited by Richard J. Vargo and Paul A. Dierks.