Tuesday Sept 20 2016 We study internal control in Spiceland's Chapter Seven on Cash and in Whittington's Audit Text. Adra is a company that furnishes software to support the IC function. Sure this is an ad to promote their product but also a good summary of what is involved. RGP on the 2013 COSO Framework…

Thursday Sept 15, 2016 In the wake of the $185 M find, the US Attorney's office  are deciding whether to pursue civil or criminal lines against the bank. Subpoenas have been issued. A criminal investigation would raise the stakes for WFC well above a civil trial. Now we learn that WFC has fired some 5,300…

Wed August  17, 2016 I compared Elon Mush Tesla adventure with John DeLorean's several decades back. Now others are making the same observation. For younger readers, DorLean was a high profile GM exec who helped create the Pontiac GTO muscle car and then moved to Chevrolet. He was high profile when most GM execs were…

Wed July  20 2016 Here is an example of observing managerial cost accounting in action. Read about the $50 smartphone. Amazon sells the blu R1 HD for 50 bucks but you do get the advertisements. Battery life is great,camera only soso wiht 720 p rather than 1080 p. But with other high end phones selling…

May 30, 2016 Russell Blake has written some four dozen books the last four years. In this link he explains his outlining method. As it happens, writing a successful page turner is quite structured, as he explains. Take a look, this probably works for fiction and non fiction. Follow that read with Writing a Page…

Monday May  2 2016 Stocks rebounded from two days of losses on weak volume. Energy and iron ore may have done all they can for the time being. I am leaving for the Warwick Conference on Mood Wednesday.  I will be the first speaker and appear last with the keynote speakers in a panel discussion.…

Tuesday April  19, 2016 Read about a Dane who is being paid by his mortgage company. Yes he had a mortgage and the mortgage company was paying him !  HIs parents suggested framing the check to prove it happened. This article examines the real problems of low to no yield rates and duration.    Typically insurance…

Thursday April 14 2016 We are assisting a client with a search for a junior financial analyst. This is a large company, SEC registrant. They are open to someone with 1 – 2 years of experience or even someone graduating this semester. Can you recommend any strong finance students or recent grads who would be…

Wed April  6, 2016 Olive Garden's last quarter sales are up 6.8%.   How did they do it?  I will be teaching Managerial Accounting in Summer II and this is a great example of what we study in that class. Olive Garden simplified the menu installed order tablets on the tables ( is a waiter another…

Tuesday April 5, 2016 Free Online Info Session Please join us on Tuesday, May 3 at 1:00 pm ET for our free webinar, "Increase Your Chances of Passing the CIA® Exam." This session is an excellent source of information about the Certified Internal Auditor® program, exam and preparation tips. This free session, held only four…