Posts Tagged: risk

Sears and Kmart Close Stores

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Sears Holding Corp. is ending the year on a bitter note. The company, which earlier this week posted a list of 79 out of the up to 120 Sears and Kmart stores it plans to close and was then downgraded by Fitch Ratings, is now watching its stock bleed out to a new low. In… Read more »

We Did Everything Right and Still Lost Our Business: Five Failing Businesses in 2011

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It has been another tough year for small businesses. According to the National Federation of Independent Businessesm one in four believes the biggest problem is weak sales. Issues of timing, cash, and a lack of realistic estimates also add to the challenges they face. Questions: 1. After reading the article, what advice would you offer… Read more »

Ever Thought About Operating A Franchise?

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, Uncategorized, Video Updates.

Tired of not getting paid what you’re worth (or not paid at all) and want to start your own, already-proven business? That’s what is intriguing about franchising. Pick a brand, pay your money, take your chances, and then you’re an entrepreneur. Running day-to-day operations and turning a profit is another matter, of course. However, success… Read more »

Kenya Life Companies

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Many countries are making a mint from commodities such as oil, copper and gold thanks to sky-high prices. But is that enough to give Africa a permanent boost? Probably not, because commodity markets are notoriously fickle and revenues can quickly be squandered. According to a report by the African Development Bank, a third of Africans… Read more »

PPM: What does it stand for when funding is involved?

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The abbreviation PPM stands for many things, including parts per million. But what does PPM stand for if you are an entrepeneur that is interested gaining funding for your business? When a company is looking to raise funds without an initial public offering, a private placement memorandum (PPM) is one of the best ways to… Read more »

Raj Going to the Big House

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Raj Rajaratnam is entering the next phase of his insider trading case. A Federal District Court judge, Richard J. Holwell, sentenced Mr. Rajaratnam to 11 years in a federal prison, and he will now try to remain out of prison as long as possible while his lawyers prepare a promised appeal. This is the longest sentence… Read more »

Rhode Island Nearly Broke?

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The current general treasurer of Rhode Island, Gina Raimondo, warns that the state will soon be broke due to its debt problems. After decades of drift, denial and inaction, Rhode Island’s $14.8 billion pension system is in crisis. Ten cents of every state tax dollar now goes to retired public workers and that figure will… Read more »

KPMG in the News

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Although KPMG LLP, one of the “Big Four” accounting firms, a former female Senior Manager, Donna Kassman, filed a $350 million class action discrimination lawsuit against the company on June 2, since the numbers tell a different story entirely. Women comprise about half of KPMG’s employees, but are conspicuously absent from the top leadership positions…. Read more »

What’s a Bitcoin?

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Bitcoin is a peer-to-peer currency, meaning it is not issued by a central authority, like the dollar or yen. The money supply grows as the network grows and will max out at about 21 million bitcoins. But right now, you can purchase them online on the Mt. Gox currency exchange or an over-the counter market…. Read more »

Risky Bonds? Where do you put your money?

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With bond yields so low and the potential downgrading of bonds, is it a good idea to substitute dividend-paying stocks for bonds? Some would say yes, since dividend-paying stocks yield more than some bonds, and have more upside potential. But there’s no getting around the fact that stocks, including dividend-paying stocks, are generally more volatile… Read more »