Media requests for comment and invitations to write for future publication are welcomed. You can reach Dr. Barry Epstein via email or by phone at 312-464-3520.

Books (Partial List)

Handbook of Accounting and Auditing, Barry Jay Epstein, New York: Thomson Tax & Accounting, 1998 through 2013. Ralph Nach served as co-author in 1999. This widely used reference provides encyclopedic guidance on accounting and auditing issues, with references to additional information in the professional literature produced by FASB, EITF, AICPA, SEC, and other related organizations. In addition, there is accounting and auditing coverage for key industries, including financial services, construction, healthcare, not-for-profit, and media/entertainment. Approximately 3,000 pages.

PPC’s Interactive Disclosure Library, by Ralph Nach, PPC/Thomson Reuters, 2011.

Wiley GAAP: Practical Implementation Guide and Workbook, Barry J. Epstein and Nadira M. Saafir, New York: John Wiley & Sons, 2010. ISBN: 978-0-470-59906-8, Paperback, 496 pages.

Wiley GAAP 2010: Interpretation & Application of Generally Accepted Accounting Principles, Barry J. Epstein, Ralph Nach, and Steven M. Bragg, New York: John Wiley & Sons, Inc. Dr. Epstein served as the lead author of 26 annual editions of Wiley GAAP (1985 through 2010), and Ralph Nach served as co-author from 2001 through 2010. Paperback, 1376 pages.

Wiley IFRS 2010: Interpretation and Application of International Financial Reporting Standards, Barry J. Epstein and Eva K. Jermakowicz, New York: John Wiley & Sons, Inc., 2010. Dr. Epstein served as the lead author of 14 annual editions of Wiley IFRS from 1997 through 2010. Paperback, 1,344 pages.

PPC’s Guide to Preparing Financial Statements, by Ralph Nach, PPC/Thomson Reuters, 2010.

Wiley IFRS Policies and Procedures, Barry J. Epstein and Eva K. Jermakowicz, New York: John Wiley & Sons, Inc., 2008. IFRS implementation guide provides all of the International Accounting Standards detail that a reader needs to select the right IFRS rules and how to implement them. ISBN 978-0-471-69958-3, paperback, 456 pages.

Controllers Policies and Procedures Manual, by Ralph Nach, Warren, Gorham & Lamont, 1998.

Technical Practice Aids, by Ralph Nach, AICPA, 1995.

2016 Published Articles

When Reckless Executives Become Dangerous Fraudsters,” by Sridhar Ramamoorti and Barry Jay Epstein. The CPA Journal, November 2016, pages 6-10.

Falling Municipal Dominoes: How Accounting Has Abetted Irresponsible Official Behavior,” by Barry Jay Epstein, CPA, Westlaw Journal Bankruptcy, Volume 13, Issue 4, June 2016.

Today’s Fraud Risk Models Lack Personality: Auditing with ‘Dark Triad’ Individuals in the Executive Ranks,” by Barry Jay Epstein and Sridhar Ramamoorti. The CPA Journal, March 2016, pages 15-21.

“Expanding Accountants’ Privilege: Implications for Auditors and Clients,” by Barry Jay Epstein, CPA, Westlaw Journal Professional Liability, Volume 25, Issue 9, March 2016.

2015 Published Articles

Common Auditor Failures: Overlooking Insolvency Risk and Earnings Manipulations,” by Barry Jay Epstein, CPA, Westlaw Journal Professional Liability, Volume 25, Issue 1, July 2015.

Canaries Gone AWOL (Part 2): Why Aren’t Auditors Helping their Clients by Flagging the Need for Restructurings?” by Barry Jay Epstein, IS Chartered Accountant, published by the Institute of Singapore Chartered Accountants (ISCA), May 2015.

Do Accountants Face Risk as Fiduciaries?” by Barry Jay Epstein, InsuranceThoughtLeadership.com, April 30, 2015.

Canaries Gone AWOL (Part 1): Why Aren’t Auditors Helping their Clients by Flagging the Need for Restructurings?” by Barry Jay Epstein, IS Chartered Accountant, published by the Institute of Singapore Chartered Accountants (ISCA), April 2015.

Tax Heavens: Methods and Tactics for Corporate Profit Shifting,” by Mark Holtzblatt, Eva K. Jermakowicz, and Barry Jay Epstein, International Tax Journal, January-February, 2015.

Advancing the Art of Auditing by Following The Lead of Federal Authorities,” Barry Jay Epstein, Westlaw Journal Securities Regulation & Litigation, January, 2015.

“Beware the Politicisation of Accounting Standard-Setting,” by Barry Jay Epstein, Risk & Compliance Magazine, Jan.-Mar. 2015.

Recent White Papers

Accounting for Leases Under New FASB Standard, Barry Jay Epstein, March 2016.

Auditor Liability and Professional Skepticism: A Look at Lehman Brothers and MF Global, Barry Jay Epstein, June 2015.

Non-GAAP Measures of Performance and SEC Regulation G, Barry Jay Epstein, January, 2015.

Revenue Recognition: A White Paper on Fraud and Financial Reporting Risk, Barry Jay Epstein, November, 2014.

2014 Published Articles

2015 Could Be a Big Year for Accounting Changes, Risking Future Disputes,” by Barry Jay Epstein, Chicago Lawyer, Year in Review, December, 2014.

“Litigation Risk Unabated Following Failed Efforts at Accounting Convergence,” by Barry Jay Epstein, Chicago Lawyer, Litigation Support 2014, October, 2014.

“Added Scrutiny of Prospective Green Investments: Serving Society While Saving Investors,” by Natasha M. Perssico and Barry Jay Epstein, Risk & Compliance Magazine, pages 214-218, Oct.-Dec., 2014.

“IASB-FASB Lease Accounting Proposal: Major Changes Ahead (Part 2),” by Barry Jay Epstein and Lim Ai Leen, IS Chartered Accountant, June 2014.

“SEC and DOJ Actions May Lead to Reduction in Fraud and Improvements in Auditing Practices,” by Natasha M. Perssico and Barry Jay Epstein, Accounting Today, June 19, 2014.

“IASB-FASB Lease Accounting Proposal: Major Changes Ahead (Part 1),” by Barry Jay Epstein and Lim Ai Leen, IS Chartered Accountant, May 2014.

“Other ‘Incomprehensible’ Income: Time to Examine How We Report Financial Performance?,” by Ralph Nach, IS Chartered Accountant, May 2014.

“Using Good Auditing Skills to Assess the Quality of Earnings and the Risk of Financial Statement Manipulations,” By Barry Jay Epstein, Risk & Compliance Magazine, April-June, 2014.

“New Financial Reporting Models Will Make Reviewing Borrowers’ Statements More Challenging,” by Barry Jay Epstein, Westlaw Journal Bank & Lender Liability, volume 19, issue 22, March 24, 2014.

“Converting Financial Statements from U.S. GAAP to IFRS,” by Peter Harris, Eva K. Jermakowicz, and Barry Jay Epstein. The CPA Journal, January, 2014, pages 20-29.

Recent Press Coverage

The New York Times, “Corruption in FIFA? Its Auditors Saw None.” Reporter Lynnley Browning quotes Dr. Epstein.
June 5, 2015
Wall Street Journal Letter to the Editor under the heading “Accounting Change Isn’t Evil Plot. It Recognizes Reality.
November 17, 2014
Wall Street Journal Letter to the Editor under the heading “Honest Accounting Makes Governments Face Problems.
May 28, 2014