Posts Tagged: international business

Interesting New Startup!

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Intermediate Accounting, Managerial Accounting, Uncategorized.

According to the New York Times, a new startup has come up with a new idea to reforest the planet where wildfires have taken their toll. Questions: What is this innovative idea and what type of technology is used? Where is the startup located? If you were an accountant advising this startup, what would be… Read more »

Where in the world is Catalonia?

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, Cost Accounting, Financial Accounting, International Accounting, Video Updates.

Under a separatist plan, the Catalan government has claimed a mandate for independence. Two million votes or so have been counted in support of a split with Spain. Questions: 1. Where is Catalonia located? 2. What is the history of this separatist plan? 3. Why should accounting and business students know about this? 4. According… Read more »

Paranoia or Internal Control?

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

Red Star Operating System is North Korea’s homegrown computer operating system that mirrors its political one. The latest version (circa 2013) is based on a version of Linux called Fedora and has the feel of Apple’s OSX. Questions: 1. What are the two major challenges the article said that Pyongyang faces? From an international business… Read more »

A Solution for Separation Anxiety

Posted by & filed under Accounting Information Systems, Accounting Principles, Auditing, Cost Accounting, Financial Accounting, Intermediate Accounting, Managerial Accounting, Video Updates.

People feel guilty about leaving their dogs home all day alone. Now there’s a solution – DogTV. Some viewers even report that their dogs were on medication for separation anxiety, but since subscribing to the channel, the dogs no longer need the drugs. Questions: 1. What year was the channel launched and in what country?… Read more »

A Back Door or Bribery?

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.

JP Morgan’s “Sons and Daughters” hiring program is under scrutiny by federal regulators. Confidential documents obtained from the company are being explored to shed light on whether the program indicates wrongdoing by the bank to hire children of China’s ruling elite, in order to secure existing and future business from Chinese-government-run companies. Questions: 1. Based… Read more »

Beer Wars Ahead

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.

During these recessionary times, “people are drinking less, but they want something that’s good,” said Simon Thillou, a former journalist who in 2006, opened La Cave à Bulles, a specialty shop in the Marais section of Paris. Around the world in 17 countries, people who are tired of tasteless beer have turned to the Brooklyn… Read more »

Product Chasing a Market – Fuzz Phobia

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.

When Veet hair removal cream came to China in 2005, sales were sluggish. It turned out that Chinese women did not worry about being too hairy. So the company selling the product promoted a new marketing plan with ads that equate hair-free skin with health, confidence, and “shining glory.” Questions: 1. How fast are sales… Read more »

Traveling Electronically Naked

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, Uncategorized, Video Updates.

When Kenneth G. Lieberthal travels to China, he leaves his cellphone and laptop at home.  As an expert at the Brookings Institute, he instead brings “loaner” devices, which he erases before he leaves the United States and then wipes clean the minute he returns. In China, he disables Bluetooth and Wi-Fi, never lets his phone… Read more »

M’Hudi Winery

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, Uncategorized, Video Updates.

A clinical psychologist, her ‘armchair farmer’ husband and their family launched an internationally successful wine label — without capital, farming experience or wine-making knowledge. The company is the first South African winery wholly owned and managed by a Black South African family. Question: 1. How did the Rangaka’s decide on their particular farm? Discuss the… Read more »