Professor Elam

Monday July 6, 2015

Failure to account for electric plant expenditures is resulting in the biggest accounting scandal since Olympus Imaging.

This is a good article in terms of learning important concepts in accounting.

Why are corporate earnings so important?

What is a write down?

How does a write down affect a company's stock price?

In a change in culture, we read calls for he resignation of Japanese management. Traditionally the government and corporations shared a cozy relationship. Resignations were few. This is yet another reason for not one but two lost decades in Japan.