Anogther reason to learn financial markets is to be able to spot a fraud. When news reports surfaced this week that two guys had billions of treasury bonds in a suitcase, I knew it was a fraud and a fake. How? Having traded bonds in the 1980s I knew  T bonds do not exist any…

Terry Box, auto writer for the Dallas News posted this review of the new Camaro. My comments on the Dallas RSS site appear below. In my vie. Okay so what has this got to do with management accounting. Well it's my blog and I can post what i want but we are studying value chains…

Tina C made this post on the previous installment entitled Your Portfolio, this is a precise example of what I was describing. Clearly her company has embraced the Deming model. I just returned from a whirlwind business trip to Dallas for my company's annual meeting. For those of you not out in the job market…

There is a point in requiring you to read books, write papers, and read the blog. I would suggest a major part of your college experience is the completion of something that will never appear on your transcript-your portfolio of completed projects.  By the way no one ever looked at my transcript other than to…

And now from hotair.com, would you believe the new White House Protocol Officer, a former Hillary staffer, has not filed her taxes?  Capricia Marshall managed to forget, for  two years no less. Yes it was the fault of the Post Office. Yes it was the fault of her accountant who did not bother to mention…

Chapter 12 deals with ways of classifying investments. There are two ways of looking at this. The first point of view is What do you own?  This leads to the classes of Held to Maturity – Debt versus the two equity categories of Available for Sale  AFS versus Trading Securities TS Both are marked to…

Clearly MSFT did not plan on a deflationary collapse in the economy much less the tech economy. And so they want to continue Neiman Marcus pricing in a Wal Mart tech world. As the article notes, the computer nanufacturers are making less than MSFT on each machnine. Yet again Balmer promises this will be the best…

The Sacramento Bee reports on the state of the CA Budget. A Republican view is posted here.  As both reports say, the Dem view is, raise taxes. But the point is, we study budgeting in Cost Class.  This is a budget out of control.  Clearly Gov A S is worried, the state wide tax hikes failed. We…

From Neal Boortz, author of The Fair Tax one student on the blog thinks he govt should regulate oil prices, okay you may get your wish…. OBAMA'S NEW REGULATIONS By Neal Boortz @ June 17, 2009 8:38 AM Permalink | Comments (39) | TrackBacks (0) Today is the day that Barack Obama unveils his plans…

This article form the NY CPA Journal is a good look at Fair Value as discussed on page 716 in the spiceland intermediate book.