What Type of Accounting Firm Would You Like to Start?

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Behavioral and Social Issues Related to Accounting, Cost Accounting, Financial Accounting, Fraud Accounting, IFRS, Income Taxes, Intermediate Accounting, International Accounting, Managerial Accounting, Uncategorized.

Kyle Walters asks the question: ” As an accountant, would you rather be a dentist or a surgeon?” Questions: What does Walters’ question have to do with establishing an accounting firm? Which structure of an accounting firm best fits your goals and work habits? What is scope creep? What are the three components to consider… Read more »

What a Business Model!

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Ethical Dilemma, Financial Accounting, Income Taxes, Intermediate Accounting.

In 2008, a thriving company named Science Care Inc developed a 55-page national expansion plan. Read what happened! Questions: 1. What was the company’s goal? 2. What company did Science Care Inc. model? 3. How much did the company earn From 2012 through 2014? 4. If a person donates a whole body when they die,… Read more »

Alienating Customers?

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, Auditing, Cost Accounting, Financial Accounting, Financial Reporting and Analysis, Financial Statement Analysis, Intermediate Accounting, Managerial Accounting, Video Updates.

Microsoft confirmed it will acquire the studio that created the hit “sandbox” game Minecraft for $2.5 billion, a move that could help bolster the company’s Xbox and mobile ambitions. Questions: 1. According to the article, how does this acquisition strengthen Microsoft’s battle with other technology driven companies? 2. Why does the video hypothesize that Microsoft… Read more »

Easy Come, Easy Go… It’s only Money (and Stock)

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, Video Updates.

Facebook’s largest acquisition ever was announced this week. The company said it would pay at least $16 billion for WhatsApp, a text messaging application with 450 million users around the world who pay little or no money for it. The purchase price dwarfs the $1 billion Facebook paid for Instagram, the photo-sharing service. Questions: 1…. Read more »