Posts Categorized: IFRS

Stepping over a line: Legitimate collection or legal harassment on student loans?

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.

The agency charged with monitoring such student loan bankruptcy declarations is facing concerns that its tactics have grown ruthless. Bankruptcy experts say that the group is wasting judicial resources because it brings legal challenges to those few who are desperate enough to seek bankruptcy relief. Questions: 1. What is the name of this agency? Which… Read more »

Vulnerable for a Takeover?

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

Broadcom LTD made an unsolicited $103 billion bid for Qualcomm to set the stage for a major takeover of the chipmaker and dominate the market of semiconductors used in mobile phones. Questions: 1. What is Qualcomm’s take on this bid? 2. Would this deal cause a monopoly? 3. What are the terms of the deal?… Read more »

And the challenges go on……..

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

According to the BBC, the Court of Appeal judges in London have denied Nestle’s attempts to trademark the shape of its famous four-fingered KitKat bar. Questions: 1. Which countries have granted Nestlé’s four-finger shape a trademark registration? 2. According to the article, why is it difficult to prove the case in U.K. courts? 3. Briefly… Read more »

Stop Working from Home

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

Some of the country’s largest and most innovative companies are moving to bring their work-from-home employees back to the office. IBM is the latest example. Questions: 1. What percentage of U.S. workers do some or all work at home? 2. Why is the change being done? 3. Why does IBM have research on their side?… Read more »

During Trump Times

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

According to the New York Times, the world currency that has gained the most since Donald J. Trump’s inauguration as president is the Mexican peso. Questions: 1. How much has the peso gained since the day that President Trump was inaugurated? 2. How much did the peso plunge on the day that President Trump was… Read more »

From White House to the Big House?

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Ethical Dilemma, Financial Accounting, Fraud Accounting, IFRS, Income Taxes, Intermediate Accounting, International Accounting, Managerial Accounting, Video Updates.

It was only a week ago that President Donald Trump was praising Caterpillar Co. for producing such great bulldozers, as he met with company Chairman Doug Oberhelman at the White House. Less than a week later, officials from the Commerce Department, Internal Revenue Service, Federal Deposit Insurance Corp. and Illinois State Police moved in and… Read more »

Xiaomi – Cheap phones online may not be the key to success.

Posted by & filed under Accounting Information Systems, Auditing, Cost Accounting, Financial Accounting, IFRS, Intermediate Accounting, International Accounting, Managerial Accounting, Uncategorized.

Xiaomi, once hailed as an Apple iPhone slayer in China, now admits that they moved too fast to outpace their competitor. The company’s founder, Lei Jun, wrote his employees this week, indicating that the company needs to focus on the future and long-term sustainability. Questions: 1. Who are the domestic rivals to Xiaomi in the… Read more »

China Crash?

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

In China, outstanding loans have risen sharply to 40% of GDP but analysts fear the end of the credit binge could trigger a crisis for the wider world. Questions: 1. How fast has the debt per household risen over the last 5 years? 2. What is the Chinese household debt ratio compared to other countries?… Read more »

Changes Coming!

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

According to the Associated Press, Federal regulators recently announced new rules governing the prepaid debit card industry. It’s a big change more than two years in the making that’s expected to bring some basic account protections to its customers, who are often financially disadvantaged. Questions: 1. How much money was loaded on prepaid cards in… Read more »