New readers will  learn that I enjoy Jerry Flint’s obervations about the auto industry.  Jerry has been writing about the auto industry since the 1950s and brings sage experience to the table. Again in managerial accouting we discussed strategy and long range planning reflected in budgets.  We also discussed how different firms appeal to customers…

Nardelli is assembling a new team at Chrysler.  But as readers comment to the article, are these older guys what Chrysler really needs?  And will these big egos really be able to work together and get anything accomplished?  I would agree. Chrysler had a pretty good head start on where they needed to be in…

On Monday in Managerial Accounting we discussed the concept of product cost versus period cost. Apple’s new Nano apparently benefits from negotiated lower costs  This will lower cost per unit which will fatten Apple’s ever growing bottom line, but that is what managerial accounting is all about.  Click and read the article to see how…

Alan Greenspan’s book The Age of Turbulence is out.  Since he takes Bush to task and remarked that Clinton absorbed economic data like a sponge, he is of course featured on the cover of Newsweek. Here is an article in Portfolio.com that takes a different view. The author points out that the FED was created…

Jack Kennedy lowered tax rates and the economy expanded.  Lyndon Johnson and Reagan continued the idea. Today the DOW is over 13,000.  Charlie Rangel has other ideas however. Click the hyperlink to read about it.  Some of you are taking the tax class.  What direction do you think tax rates should take.

Okay let’s have some fun, cruise to TLAPD.   It is coming Up Wed Sept 19 so ye had best arm yourself with some handy pirate phrases. You might be called to stand watch so best to bone up so to speak…on spotting sailing ships.  In fact America has a long and colorful history with Pirates…

Wednesday Sept 19 will be Talk Like a Pirate Day. That will be fun, but what is going on with the real modern day pirates is anything but. I am of course referring to the wholesale Chinese Piracy of Just About Everything. An accompanying article, suggests that the Chinese Brand is damaged goods in the…

Bear Stearns Ethics are on display in this article.  We study the meanin of Materiality in Intermed I and again in Auditing. This article points out that the outside auditors mention that the pricing of securities in BS Hedge Funds was at best an estimate, the difference between that and reality could be material. Turns…

Last week Mara Bartiromo interviewed CFC’s Marzilo. Turns out Marzilo cahsed out his options before CFC stock tanked. Readers have a few suggetions about what he might do with this new found wealth. Look for the Democrats to try again to roll back CEO pay and bonuses if they win the White House and score…

It’s official, the top three employers in B/w’s annual career survey are big Accounting Firms, the fourth ranks number 11 in best places to work. So four of the top eleven spots are in accounting. I suggest you log on immediately to  Best Places to Launch a Career.  There are additonal sidebar articles and videos…