http://wileyaccountingupdates.com Just another WordPress weblog Wed, 01 Sep 2010 15:08:11 +0000 http://backend.userland.com/rss092 en Court papers filed by the federal government and Apple against a former manager detail a scheme that allegedly saw confidential Apple data supplied to Asian electronics companies over more than three years in return for kickbacks of more than $1 million.  Apple says that over the course of more than three ... http://wileyaccountingupdates.com/2010/09/01/super-sleuthing-at-apple/ Candy is big business.  While international giants such as Mars Inc., Nestlé, and Kraft dominate the industry, there is still room for smaller, regional players like South Africa's Tiger Brands and China's Hsu Fu Chi International, with each country having a No. 1 candymaker. Even though chocolate remains the most popular ... http://wileyaccountingupdates.com/2010/09/01/best-selling-candy/ From modest beginnings, Microsoft, started by college dropout Bill Gates, gave birth to an entire industry, changing the way we live and work and became one of the largest software companies on the planet. As this article points out, not everything has been notable during its history. In particular, look at this parody ... http://wileyaccountingupdates.com/2010/09/01/happy-birthday-microsoft-is-35-years-old/ Did you know that roughly 50 percent of employees have no retirement savings at all?  In an effort to increase the number of Americans who are saving for retirement, a bill known as the Automatic IRA Act of 2010 has been introduced in the Senate by Sen. Jeff Bingaman (D-NM) ... http://wileyaccountingupdates.com/2010/09/01/saving-for-the-future/ While reviewing the proposed expansion of the International Financial Reporting Standards for accounting, Tim Bush, a member of the “Urgent Issues Task Force” that scrutinises the work of the Accounting Standards Board (ASB), claims to have uncovered “fatal” and “dangerous” flaws in the system.  Mr. Bush alleges the regulations, and ... http://wileyaccountingupdates.com/2010/08/26/interesting-news-for-ifrs-nay-sayers/ According to a new report from the Wall Street Journal, shareholders have won a victory in obtaining greater clout to place directors on corporate boards.  This is part of the the "shareholder rights" movement that has been chipping away the power from top executives in U.S. run corporations. However, the Journal also ... http://wileyaccountingupdates.com/2010/08/26/power-to-the-shareholders/ There has been recent momentum in art market investments, despite the recession. The art market is scouring the world for undervalued works by major artists and museums are seeking new material for blockbuster shows.  Amid this, artistic works by Dalí and others are getting longer looks. Interestingly, few artists could ... http://wileyaccountingupdates.com/2010/08/26/investing-in-art-how-about-some-melted-clocks/ According to the New York Times, Hulu is approaching investment banks to underwrite an IPO this fall valuing the company at $2 billion. What is Hulu? Hulu is an online video service that offers a selection of hit shows, clips, movies, and more at Hulu.com and numerous destination sites online ... http://wileyaccountingupdates.com/2010/08/17/whats-up-with-hulu/ The recession has bred a new type of coupon: the group coupon. In recent months, several Web sites have launched nationwide giving customers discounts on restaurant meals, sporting events, spa treatments, golf outings -- pretty much any expenditure that many people give up during economic downturns. The catch is that ... http://wileyaccountingupdates.com/2010/08/17/saving-money-through-social-media/ Chelsea Clinton and investment banker boyfriend Marc Mezvinsky married on July 31 in a highly secretive affair that cost approximately $3 million. To avoid the media, the event was held on a posh private estate 90 miles north of Manhattan. Questions: 1. What was one of the least expensive items at the ... http://wileyaccountingupdates.com/2010/08/09/chelsea-gets-married/