Posts Tagged: strategic management

What’s in a NAME?

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

McDonald’s has not opened in Tehran (only weeks after a nuclear deal was reached). Despite the prospect that the deal will ease international sanctions and possibly portend a change in Iranian revolutionary attitudes toward American companies, Mash Donald’s and other knockoffs of American food culture are a home-grown phenomenon. Questions: 1. Do you think that… Read more »

The New Age of Performance Evaluations

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Beginning in September, Accenture, one of the largest companies in the world, will get rid of the annual performance review. Questions: 1. By disband rankings and the once-a-year evaluation process, what does the company hope to accomplish? 2. According to the article, what percentage of Fortune 500 companies have gotten rid of rankings? 3. What… Read more »

Well-Oiled Machine? Well – Maybe Not!

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

United and Continental closed their merger in 2010 and created what was then the world’s largest airline. After nearly 5 years, executives are still working to integrate United Continental Holdings into a single company—and struggling with some high-profile operational and customer service problems. Questions: 1. What types of customer service and employee problems have plagued… Read more »

The Question of Undue Hardship

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The bankruptcy case of Janet Roth stirred a debate over the rigidity of the “undue hardship” standard in discharging student loans. This year, President Obama instructed several governmental agencies to review, by Oct. 1, whether the treatment of student loans in bankruptcy should be altered. Questions: 1. How did Ms. Roth prepare for her case?… Read more »

Bye-bye Loopholes! You will be missed!

Posted by & filed under Accounting Information Systems, Accounting Principles, Auditing, Cost Accounting, Financial Accounting, Intermediate Accounting, Managerial Accounting, Video Updates.

Keep an eye out for three retirement loopholes that the government may close shortly. They have become increasingly popular as financial advisers have learned how to exploit kinks in the law. Questions: 1. Who benefits from the Back-door Roth IRA conversions and how does this work? 2. What bothers lawmakers about “the stretch IRA?” 3…. Read more »

Innovation, Price Fixing, or Rotten Apples?

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Recently, a federal appeals court upheld a ruling whereby Apple was determined to be the leader of an industrywide conspiracy among book publishers. Their goal was to raise prices of digital books. Questions: 1. When was the original case brought? 2. What were the damaging words in the case and who are these attributed to?… Read more »

More Woes in Greece

Posted by & filed under Accounting Information Systems, Accounting Principles, Auditing, Cost Accounting, Financial Accounting, IFRS, Intermediate Accounting, International Accounting, Managerial Accounting, Video Updates.

Greece will close its banks on Monday to try to avert financial collapse. The anticipated closure is expected to last about a week. This temporary decision was made along with keeping the stock market closed on Monday after the European Central Bank said it would not expand an emergency loan program to prop up Greek… Read more »

Shaking up Pricing

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

Because the costs of health-care are rising, along with higher insurance deductibles and co-pays, the way medical services are being delivered is changing. unlike hospital ERs and urgent care centers, retailers, such as grocery and drugstore chains, who operate in-store clinics are displaying pricing information upfront for consumers paying cash. Questions: 1. What are the… Read more »

Uber: Employees or Contractors?

Posted by & filed under Accounting Information Systems, Accounting Principles, Auditing, Cost Accounting, Financial Accounting, Intermediate Accounting, Managerial Accounting, Video Updates.

The California Labor Commission has found that a driver for Uber in San Francisco is an employee of the company. Questions: 1. Why is this such a nightmare for Uber? 2. Discuss how this will change the company’s accounting system and business model if this ruling is upheld and the costs involved. 3. The article… Read more »

Loss-Prevention Profiling at CVS

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

Four former loss-prevention employees from the CVS chain in New York filed a class-action lawsuit on June 3rd against the drugstore chain, accusing their bosses of ordering them to target black and Hispanic shoppers. According to the detectives, they were fired after complaining about racial discrimination, against both customers and themselves. Questions: 1. Why is… Read more »