Letter From the Editor

AuthorJim Edwards
Published date01 September 2015
DOIhttp://doi.org/10.1002/jcaf.22091
Date01 September 2015
1
© 2015 Wiley Periodicals, Inc.
Published online in Wiley Online Library (wileyonlinelibrary.com).
DOI 10.1002/jcaf.22091
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Letter From the Editor
Dear JCAF Reader,
Two outstanding people
have been added to the Edito-
rial Advisory Board of JCAF.
The first is Tom Pryor, presi-
dent of Integrated Cost Man-
agement Systems, Inc. (ICMS).
Tom helps family‐owned busi-
nesses create and implement
leadership transition. He is a
certified Family Business Advi-
sor and an entrepreneur since
1988, when he founded ICMS,
Inc., a Denton, Texas–based
consulting firm. Tom’s career
includes six years as director
of the University of Texas at
Arlington’s Small Business
Development Center and 19
years of financial management
with General Motors, Johnson
& Johnson, and Motorola.
Tom was the focus of a
BusinessWeek magazine 1988
cover story featuring activity‐
based costing, has authored
five books, written hundreds
of blogs, teaches at several
universities, and provides ser-
vices for Baylor’s Institute for
Family Business. Tom’s pas-
sions are reading books—eight
so far in 2015—creating new
products such as his BullsEye
one‐page strategic plan pro-
cess, and making the complex
simple. Tom has been hap-
pily married for 46 years and
is debt free, both consistent
with hislife verse and favorite
proverb: Success is not logical.
Hecan be reached at
TomPryor@icms.net.
The other new member of
the Editorial Advisory Board
is Dr. Gregory L. Prescott.
He is an Assistant Professor
of Accounting in the Mitch-
ell College of Business at the
University of South Alabama
in Mobile. He is a CPA (Ala-
bama), CMA, CGMA, and
CFM and earned his DBA
from Kennesaw State Uni-
versity in 2014. He teaches
financial accounting at the
undergraduate and graduate
levels. He brings 25 years in
commercial banking in credit
risk management to JCAF. He
has been a faculty member of
the Alabama Banking School
since 1998. Professor Prescott
has published several articles
in JCAF as well as articles in
the CPA Journal and Strategic
Finance. His research interests
include the impact of newly
enacted financial accounting
standards and corporate gov-
ernance issues. For many years
he has observed how account-
ing standards impact corpo-
rate banking relationships.
One of his professional goals
is to communicate the findings
of recent academic research
that might be of interest to
corporate accounting and
finance executives in a
practical manner. He may
be reached at gprescot@
southalabama.edu.
The continuing member of
the Editorial Advisory Board is
Caroline D. Strobel. Caroline
is a CPA and a Distinguished
Professor Emeritus in the
Darla Moore School of Busi-
ness at the University of South
Carolina in Columbia. She has
published many articles about
taxation in various journals
and has served on the Advisory
Committee to the Director of
the IRS of the United States.
Caroline writes a column for
JCAF. She can be reached at
strobel@moore.sc.edu.
JCAF is now providing
“independent double‐blind
reviews” for all submissions
by authors who select this
option. Of course, this option
will require more time for the
process to be completed. All
articles that go through the
independent review process will
be labeled accordingly when
published. We will continue
to provide editorial reviews by
staff for those not requiring
independent peer evaluations.
In addition, we will continue
to commission articles on an
opportunity basis. We want to

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