What do you know about ESG reporting?

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According to Accounting Today, professionals in accounting and finance are confronting big obstacles when it comes to environmental, social and governance (ESG) reporting. Questions: According to the Financial Executives International’s Financial Education & Research Foundation survey, what percentage of the chief accounting officers and controllers polled had not yet started to integrate ESG reporting with their… Read more »

Marcum’s new audit analytics product

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According to Accounting Today, Marcum’s technology arm has released a new data analytics product for audits. Questions: What is the product called? How will it help auditors? Give examples. How can it help clients? Give examples. Will it eliminate the need for auditors or accountants? Explain its costs/benefits for future firm interactions. Source: Arrowsmith, R…. Read more »

EY’s creative center for creativity

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According to Accounting Today, Ernst and Young (EY) has opened Wavespace and Studio locations in Chicago. These are places where EY staff and clients can come together to solve business challenges, design new products and solutions, and create complex tech projects to improve client businesses. Questions: Will the center be manned by accountants? What is… Read more »

The IMA is Growing by Leaps and Bounds!

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According to Accounting Today, the Institute of Management Accountants reported record growth in 2020 despite the impact of the COVID-19 pandemic on the accounting profession. Questions: What is the 10-year compound annual growth rate for CMA candidates? How many global IMA members are there? In your opinion, why do you think that the IMA is… Read more »

Kellogg’s Big Investment

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Since Northwestern University’s Kellogg School of Management’s already sends a huge number of its MBAs into technology fields, it is investing even more in tech as a future home for its graduates.   Questions: What percentage of Northwestern Kellogg’s MBA Class of 2019 went into jobs in the tech industry? What is Northwestern’s current popular program even… Read more »

A Long Time Coming

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According to Business Wire, BDO USA has appointed its first woman chair of the Board. Questions: Who is this woman and how long has she been in the accounting profession? In what primary areas of accounting has she worked? When did she take over this post as chairperson? Source: Business Wire Staff. (2019). BDO USA,… Read more »

Yum, yum, eat ’em up!

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

New survey data from the Centers for Disease Control and Prevention show that 36.6% of us eat some kind of fast food on any given day. That includes 37.9% of men and 35.4% of women, according to a report published Wednesday by the CDC’s National Center for Health Statistics. Questions: 1. What is the main… Read more »

Time to get ready for the Holidays! You can’t start too early!

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

While it’s only September, holiday hiring is ramping up! With historically low unemployment rates plus projections of record-breaking holiday sales, retailers, from major chains to small businesses, are being forced to offer higher pay, catchier perks, and other discounts to attract temporary holiday workers. Questions: 1. What are some of the perks that retailers are… Read more »

Coding Camps – Good, Bad, or Great IDEA?

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Since kids don’t learn much coding in school, the new thing is to send them to summer camps to learn it so that they are not unprepared to tackle computer science in college or in a career. Questions: 1. What is iD Tech? 2. Do you agree with the article that these camps will perpetuate… Read more »

A story that makes you smile

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Despite looming tax deadlines, the accountant that is ready in a minute’s notice can save a needy NHL team. Questions: 1. What team did Scott Foster sub for? 2. What was his performance that evening? 3. How did Scott become eligible to be the backup goalie? 4. What was your favorite part of this Cinderella… Read more »