Marcum’s new audit analytics product

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, Intermediate Accounting, Managerial Accounting, Uncategorized.

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 »

Money in Used Sneakers!

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.

Ryan Fresen is a sneaker reseller who said he brought in around $110,000 in profit in 2019 from the business he runs out of his bedroom. Questions: What are key factors in Ryan Fresen’s success? How does Fresen typically sell his sneakers? What does Fresen typically use to organize his business? Has Fresen had his… Read more »