Not Good News?

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, IFRS, Income Taxes, Intermediate Accounting, International Accounting, Managerial Accounting, Uncategorized.

According to the New York Times, unfortunately, European governments have extended national programs to keep troubled businesses afloat, but the aid may only be postponing the inevitable demise and ultimately making things worse in the future. Questions: According to the article, this recession in France and other European countries is the worst since when? If… Read more »

Strategic Differences

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

HSBC announced that CEO, John Flint, was leaving the bank after only 18 months in the role.  Questions: What issues is Europe’s biggest bank grappling with currently? What specific strategic reason does the Board give for his departure?  What is the revenue risk that HSBC faces? Source: Reuters Staff. (2019). HSBC CEO John Flint leaves… Read more »