On Sunday, May 9, Forbes released its fourth annual artificial intelligence (AI) list of the top companies that will shape the future. Questions: As you can see from the list, there is significant breadth and depth of artificial intelligence. Which area do you see as most promising and why? How was the list compiled? How… Read more »
Posts Tagged: technology
Consolidated vs. combined financial statement? How to choose?
According to Accounting Today, choosing a consolidated versus combined financial statement for companies with multiple businesses can be a complex and confusing process. Questions: According to the article, what tool(s) make(s) it easier to spot trends and highlight relevant data points? According to the article, what makes preparing complex financial statements easier and less time… Read more »
Finally the End for Nikola Motors (NKLA)?
According to Electrek.com, Nikola Motors has lost almost its entire supply chain leadership over the last few months as the situation at the company is starting to look dire. Questions: Why has the founder of Nikola Motors been in the news over the past few years? Why did the company move away from developing a… Read more »
Interesting New Startup!
According to the New York Times, a new startup has come up with a new idea to reforest the planet where wildfires have taken their toll. Questions: What is this innovative idea and what type of technology is used? Where is the startup located? If you were an accountant advising this startup, what would be… Read more »
Marcum’s new audit analytics product
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 »
China’s New Tough Stance on Tech
According to the New York Times, despite the fact that Jack Ma and other entrepreneurs have prospered under Beijing’s laissez-faire attitude toward the business side of the internet, new investigations by China’s authoritarian government indicate that the dynamic is shifting as the companies have grown in power. Questions: What is the investigation into Alibaba about?… Read more »
Wearable COVID Trackers: Business, Surveilance, or Both?
According to the New York Times, sports leagues, large employers and colleges are turning to devices that could usher in more invasive forms of surveillance. Questions: What are the benefits of these devices? What are the costs of these devices? What fact in this article was the most interesting to you? How would you feel… Read more »
Cyber Security Breaches increase 300 percent for CPAs during Pandemic
With many accounting practices rushing to provide access for remote employees and clients (without fully understanding security implementations), cyberattacks on CPA practices of all sizes has increased 300 percent during the COVID pandemic. Questions: What do the cybercrimals do as part of a ransomware attack? Why are firewalls and antivirus software no longer enough to… Read more »
Some of the biggest names in gaming are leaving Twitch for extremely lucrative contracts, according to CNN. Questions: What is Twitch? What are gamers doing instead of staying with the platform that has brought them fame? What tech platforms are luring these gamers? How much revenue has the online video gaming industry earned in 2019?… Read more »
How much profit do you make?
For $250, you can now buy Apple’s AirPods wireless headphones, which are a smaller set of headphones with water resistance, active noise cancellation, and new touch functionality for phone users. Questions: According to the article, how much did the price increase over the previous model? What other competitors does the article mention? Which function mentioned… Read more »