Number One Winner!

Posted by & filed under Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Financial Reporting and Analysis, Financial Statement Analysis, Fraud Accounting, IFRS, Intermediate Accounting, International Accounting, Managerial Accounting.

A new study by the nonprofit, Integrity Florida, ranks the Sunshine State as the nation’s most corrupt state. Since 1976, 1,762 of Florida’s public officials have been convicted of public corruption, with an average of 71 convictions per year over the period from 2000 to 2010. The study gives Florida a C minus grade on… Read more »

Security for the Super Rich

Posted by & filed under Accounting Principles, Advanced Accounting, All Articles, Financial Accounting, Financial Reporting and Analysis, Financial Statement Analysis, Intermediate Accounting, Video Updates.

Dan Clark has been Warren Buffett’s bodyguard for almost two decades. Since Clark has cultivated his security skills, he has started a security company that now employs 150 guards and he has safeguarded others like Sarah Palin, George Clooney, Barack Obama, and the Iraqi Judge who oversaw the trial of Saddam Hussein, when they visited… Read more »

Would you like to know what everyone in your company makes?

Posted by & filed under Accounting Principles, Advanced Accounting, All Articles, Financial Accounting, Financial Reporting and Analysis, Financial Statement Analysis, Intermediate Accounting.

Boulder-based Namasté Solar, a Solar panel installation company, may be on the cutting edge of business practices by letting employees know what their co-workers are being paid. In addition to bi-annual retreats and a voting system for employees that counts the opinion of nearly everyone in the company, each employee receives equal bonuses. Questions: 1…. Read more »

Another Loan Modification Nightmare!

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When will these stories end? Lily Washington started a loan modification process with Bank of America (BoA). However, shortly thereafter her son was injured in Iraq and she had to travel to a military hospital in Germany to be with him. Although she had notified the bank and received a written response that they would… Read more »

Helium Crisis

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There’s a severe helium shortage brewing in the U.S., thanks to a 1996 law set by Congress to force the government to sell off its helium reserves at bargain-bin prices. As this video explains, the nonrenewable gas is much more important for products other than balloons! 1. What products use helium? 2. What are the… Read more »

Patagonia: A Vision for Sustainability

Posted by & filed under Accounting Principles, Advanced Accounting, All Articles, Cost Accounting, Financial Accounting, Financial Reporting and Analysis, Financial Statement Analysis, IFRS, Intermediate Accounting, International Accounting, Managerial Accounting, Video Updates.

Patagonia started out as a small company that made tools for climbers. The company’s worldwide business still embraces Alpinism remains at its heart, making clothes for climbing – as well as for skiing, snowboarding, surfing, fly fishing, paddling and trail running. True to its love for nature, the company’s founder, Yvon Chouinard, launched the company… Read more »