Yummy!

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

A team of scientists is hard at work behind the scenes to make meat by developing cell lines of various species of animals. Hampton Creek (now called JUST) is among a handful of startups with the goal of bringing “clean meat” and other cultured animal products into the mainstream. Questions: 1. What is the value… Read more »

How much are you worth?

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

According to the Washington Post, white and male victims often receive larger awards than people of color and women in similar cases, based on the Post’s research of more than two dozen lawyers and forensic economists, who make the calculations. Questions: 1. What are the two tenets of the American justice system discussed in this… Read more »

The End of Yahoo’s core business

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

Yahoo announced, finally, that its core internet business would be sold to Verizon for $4.83 billion in cash. Questions: 1. What was Yahoo valued at in 2000? 2. Explain some of the forces that led to the end of Yahoo as we know it. 3. Who is the chief executive of Yahoo and how long… Read more »

Pet Valuation: A slippery slope or not?

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

The Monyak family decided to board their 2 dogs when they took a vacation in France. The Monyaks gave special instructions to the caretakers to give an anti-inflammatory prescription to one of the dogs. Unfortunately, the kennel gave it to the wrong dog who died from an overdose shortly after the family returned. The Monyak’s… Read more »

College a Commodity?

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

Unfortunately, most everyone now evaluates college in purely economic terms, thus reducing it to a commodity like a car or a house. There is now a cottage industry built around such data. Questions: 1. According to the author, what does the value of a degree depend upon and why should it be set apart from… Read more »

Attack of the SuperCookies!

Posted by & filed under Accounting Information Systems, Accounting Principles, Auditing, Cost Accounting, Financial Reporting and Analysis, International Accounting, Managerial Accounting, Uncategorized.

What is your privacy worth? Most people would say A LOT! According to Craig Timberg, Verizon and AT&T have been quietly tracking the Internet activity of more than 100 million cellular customers with what critics have dubbed “supercookies.” These supercookies cannot be erased and can even get around the “private” or “incognito” settings on your… Read more »

Intellectual Property Disputes

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.

The proper valuation and management of intellectual property is an area where accountants add value to their client services.  Often companies engage accountants and other financial experts to defend both plaintiffs and defendants in intellectual property (“IP”) disputes. As this video shows, similarity in names or trademarks can be at the heart of these disputes. … Read more »