Total – French Oil Giant Quits American Petroleum Institute (API)

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According to the Washington Post, Total is the first major petroleum company to leave the influential trade group, the American Petroleum Institute (API). Question: Why did Total leave the influential API trade group?’ What other oil companies have left trade groups? Name the trade groups and companies. How much has Total invested in the U.S…. Read more »

Icelandic Eiderdown

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According to Business Insider, real eiderdown is one of the warmest natural fibers you can find, but it doesn’t come cheap; an eiderdown double duvet could cost you over $8,000. Questions: Which part of the processes do you think is most expensive? How much is produced each year? Is harvesting the down a destructive process… Read more »

A lookback at 2020

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One of the most read articles by the BV Wire in 2020 was one summarizing the thoughts on the impact of the crisis on valuations by the Business Valuation Update Editorial Advisory Board, in both the U.S. and around the globe. Questions: Edwina Tam, partner at Deloitte in Hong Kong, suggested that issues to be considered… Read more »

Watch this FDIC development

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According to Bloomberg, Amazon, Facebook, Walmart and other corporate giants may soon give Wall Street a run for its money as a key U.S. regulator smooths the path for nonbanks to get into lending. Questions: Why is the banking industry against this? List at least two reasons. What is the loophole that the article talks… Read more »

China’s New Tough Stance on Tech

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According to the New York Times, despite the fact that Jack Ma and other entrepreneurs have prospered under Beijing’s laissez-faire attitude toward the business side of the internet, new investigations by China’s authoritarian government indicate that the dynamic is shifting as the companies have grown in power. Questions: What is the investigation into Alibaba about?… Read more »

COVID Disclosures

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According to a new KPMG report, audit committees will have fuller plates than usual in the coming year as a result of managing agendas packed with new risk management responsibilities amid the fallout from the coronavirus pandemic and other crises of 2020 Questions How many issues has KPMG identified that audit committees will have to… Read more »

What Type of Accounting Firm Would You Like to Start?

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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 »

The Digital World Wins

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This very interesting article in the New York Times details how robotics has helped revive Savile Row, an area in London where tailoring companies established as early as 1819, work to survive the pandemic. Questions: In what ways does the company use robotics? How did the quarantines sap profits and the way the companies usually… Read more »

Wearable COVID Trackers: Business, Surveilance, or Both?

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According to the New York Times, sports leagues, large employers and colleges are turning to devices that could usher in more invasive forms of surveillance. Questions: What are the benefits of these devices? What are the costs of these devices? What fact in this article was the most interesting to you? How would you feel… Read more »

Creating the Fifth Largest Retail Bank in the Nation

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According to the New York Times, PNC Financial Services said that it plans to acquire the U.S. business of the Spanish lender BBVA for $11.6 billion. Questions: Where is BBVA USA Bancshares headquartered? How many customers does PNC serve? What did PNC sell earlier this year to provide cash for other acquisitions? Source: Hirsch, L…. Read more »