Accounting

How Phantom Accounting Is Destroying The Post Office

David Morris | Posted 05.25.2012

Read More: Unified Budget, Privatization, Deficit, Postal Service, Accounting, Mail, Post Office, Usps, Politics News
David Morris

The post office deficit that is driving management to commit institutional suicide by ending six-day delivery, closing half of the nation's post offices and mail-processing centers, and laying off more than 200,000 workers, is make-believe.

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A New Degree for Generation Startup: Master's in Management

Amy Hillman | Posted 05.09.2012

Read More: Starting a Business, Millennials, Arizona State, Management Degree, Starting a Small Business, Masters in Management, Accounting, Mba, Business Skills, College News
Amy Hillman

The Master's in Management degree gives this generation -- whether they want to start a business or work for an existing company -- the ability to gain competitive skills relevant to their chosen profession.

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Morgan Stanley Faces Loss Due To Accounting Charge

AP | CHRISTINA REXRODE | Posted 04.19.2012

Read More: Investment Banks, Earnings, Factset, Goldman Sachs, Video, Morgan Stanley, Ceo James Gorman, Wealth Management, Revenue, Accounting, Financial Planning, Investors, Business News

NEW YORK — Morgan Stanley reported earnings that far exceeded investors' forecasts Thursday, sending its stock higher even as the rest of the ma...

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BofA Sees Profits Plunge

Reuters | Posted 04.20.2012

Read More: Shares, Earnings, Debt, Video, Stock, Reuters, Bank of America, Banks, Accounting, Income, Business News

* Q1 EPS 3 cents vs 17 cents a year earlier * Accounting charges hurt results * Shares up 1.8 pct in early trading ...

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Spring Cleaning for a Speedier Economic Recovery

Joel Brokaw | Posted 04.13.2012

Read More: Layoffs, Economic Recovery, Workplace, Employers, Business Owner, Manager, Nancy Slomowitz, Hr, Human Resources, Business News, Accounting, Dun & Bradstreet, Management, Small Business, Work Zone Madness, Business News
Joel Brokaw

With the U.S. economy beginning to rebound, it is high time for businesses both big and small to get proactive and clean house of wasteful and counterproductive practices.

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Teaching Entrepreneurship in Inner-City Schools

Rahilla Zafar | Posted 04.05.2012

Read More: Inner City, Education, Business, Finance, Accounting, Education News
Rahilla Zafar

Professor Weigelt of Wharton Business School speaks of the moral obligation elite universities have in helping provide opportunities, role models and improving education in inner-city communities.

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Disgraced Company Says Core Business Still Strong Despite Scandal

Reuters | Posted 04.13.2012

Read More: Olympus Corp, Video, Yen, Fujifilm, Reuters, Samsung, Terumo, Cameras, Accounting, Scandal, Endoscope, Sony, Business News

(Adds dropped quote marks at the end of paragraph 4) * Scandal not seen having much impact on core medical ops * Potenti...

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The Government's Secret War Against Small Business

Robert Levin | Posted 04.08.2012

Read More: Taxes, Government, Small Business, Tax Audits, Tax Laws, Accountants, Wage Theft Prevention Act, Small Business Taxes, Cpa, Accounting, Small Business America, Small Business News
Robert Levin

State tax auditors are being told to shake down local businesses to generate revenue. And while big businesses have internal tax specialists who can fight unjustified assessments, small businesses often have no choice but to pay since the cost to them of fighting back is so high.

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HILARIOUS: 'Shopping Math?'

Laura Zigman | Posted 02.14.2012

Read More: Marriage, Xtranormal Video, Shopping, Money, Personal Finance, Shopping Addiction, Accounting, Shopping Guilt, Video, Women News
Laura Zigman

"Creative Accounting" isn't just for big banks and big business! Anyone can do it!

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Recent College Grad Dons "Hire Me" Sandwich Board

Turnstyle | Posted 01.16.2012

Read More: Turnstyle News, Jobs, Employment, Alexander Monsanto, Accountant, Jobless, Joblessness, Monsanto, Hire Me, Morning Edition, Npr, Unemployment, Sayre Quevedo, College, Sandwich Board, Job, San Francisco, Accounting, Recent College Grad, College Grad, College News
Turnstyle

Photo: Tajah Jones/Youth Radio Alexander Monsanto wearing his "Hire Me" sandwich board in San Francisco. By: Sayre Quevedo Alexander Monsanto has ac...

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Who Killed the Economy? Accounting Parasites

Bob Burnett | Posted 12.14.2011

Read More: Banks, Financial Crisis, Wall Street, Finance, Accounting, Economy, Economic Crisis, Entrepreneurship, Corporate Greed, Business News
Bob Burnett

Fixing the U.S. economy doesn't mean replacing capitalism with socialism -- that would bring another set of equally dire problems. The solution first requires taking parasitic accountants out of the corporate driver seat and replacing them with entrepreneurs.

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Hiring Is Up For The Class Of 2011, But Previous Classes Still Struggle

The Huffington Post | Alexander Eichler | Posted 10.30.2011

Read More: College Grads, Job Market, Unemployment, Financial Sector, Finance, Class of 2009, Class of 2010, Financial Crisis, Hiring, Job Market College Graduates, Accounting, Obama Jobs Plan, Class of 2011, College Graduates, Business News

Two years after the end of the Great Recession, the job market remains bleak, with millions unable to find work or no longer bothering to look. Th...

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Look Out, Employers: Labor Shortages Could Give Workers The Upper Hand

The Huffington Post | Alexander Eichler | Posted 09.04.2011

Read More: Oil and Gas, Farming, Labor, Unemployment, Tech Industry, Mining, Bureau of Labor Statistics, Shale Drilling, Construction, Technology, Accounting, Labor Inflation, Business News

The mining and software industries have at least one thing in common. A labor scarcity, or a shortage of skilled workers, could affect the profit marg...

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On Sunk Costs and Love

Jane Pak | Posted 07.03.2011

Read More: Marriage, Npv, Relationships, Finance, Accounting, Nrv, Business School, Engagement, Love, Sunk Costs, Los Angeles News
Jane Pak

The professor asked one student, if she had been dating someone for 10 years and he decided he wanted to get married and she wasn't sure, would she take into consideration the 10 years invested?

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National Hug-an-Accountant Month

Aaron Hurst | Posted 06.12.2011

Read More: Accountants, Washington DC, Washington Dc Schools, Accounting, Pro Bono, April 15, Taxes, Impact News
Aaron Hurst

I propose we dub this stressful time of year "National Hug-an-Accountant Month" in honor of the behind-the-scenes hard work these unsung professionals do for nonprofits and the community.

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Musicians May Be Owed BILLIONS In Unpaid Royalties

David Kusek | Posted 06.07.2011

Read More: Money, Licensing, Legal, Music, Business, Itunes, Apple, License, Artist, Label, Accounting, Kusek, Eminem, Asymco, Royalties, Record Labels, Detroit, Universal Music Group, US Supreme Court, Interscope Records, Arts News
David Kusek

If you are a recording artist or a manager and have been distributing music on iTunes under a deal with one of the big record labels, pay attention. ...

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GE's U.S. Tax Bill? Zero

nytimes.com | Posted 05.25.2011

Read More: GE Taxes, General Electric, Corporate Taxes, Tax Rates, Accounting, Jeffrey Immelt, Business News

The company reported worldwide profits of $14.2 billion, and said $5.1 billion of the total came from its operations in the United States. Its Americ...

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It's Annual Report Time, But Where's the Triple-Bottom Line?

Ed Lawler | Posted 05.25.2011

Read More: Environment, Sustainability, Triple Bottom Line, Human Capital, Accounting, Management, Business News
Ed Lawler

It is time to start demanding that organizations systematically report on their non-financial performance. A great place to start is with information about the state of their employees.

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But What About Me? The Workplace Flexibility Gap

Kathleen E. Christensen | Posted 05.25.2011

Read More: Careers, Work-Life Balance, The Balanced Life, Workplace, Workplace Flexibility, Business, Accounting, Business News
Kathleen E. Christensen

It seems every day we read about a new company or industry that embraces workplace flexibility. Yet whenever we talk about workplace flexibility, the majority of American employees still ask, but what about me?

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Lehman Auditors Charged With Fraud Over Questionable Accounting

Posted 05.25.2011

Read More: Repo 105, Lehman Brothers Accounting, Auditors, Ernst and Young, Andrew Cuomo, Ernst and Young Charges, Lehman Auditors, Accounting, Ernst and Young Lehman Accounting, Business News

Prosecutors in New York are set to file civil fraud charges against accounting firm Ernst & Young over the collapse of Lehman Brothers, the Wall Stre...

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The Bush Tax Cuts and the Republican Cult of Affirmative Action

David Fiderer | Posted 05.25.2011

Read More: Third World America. Mitch Mcconnell, Taxes, Heritage Foundation, Social Security, Economics, Bush, Third World America, Affirmative Action, Enron, Arthur Laffer, Capitalism, Bernie Madoff, Free Enterprise, Arianna Huffington, Income Distribution, American Enterprise Institute, Finance, Tax Cuts, Economists, Financial Crisis, Holtz-Eakin, Republican Party, Accounting, Estates, Government Spending, Financial Reform, Poor, Bush Tax Cuts, Rich, National Deficit, Business News, Federal Deficit, Income Gap, Income Inequality, Middle Class, Democrats, Barack Obama, Medicare, Republicans, Poverty, Business News
David Fiderer

Capitalists believe in rewarding success and punishing failure. Well, we have ten years of performance data on the Bush tax cuts, and they failed by every possible criterion.

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Swiss Banker's Reaction to U.S. Treasury Hiding A.I.G. Loss

Iris Mack | Posted 05.25.2011

Read More: Shares, Fired, Payments, White Collar Crime, Losses, U.S. Treasury, Commissions, Federal Reserve, Collusion, Institutional Clients, Accounting Entry, Asset, Krisken Management, Citizens, Ubs, Goldman Sachs, Aig, Inspector General Barofsky: U.S. Treasury Hid a.I.G. Loss., Go Bust, Defraud, Bailed Out, Accountants, Subsidized, Pay to Play, Foreclosed Homes, Accounting, Revalue, Negligence, Disclaimer, Depreciate, Repurchase, American Tax Payer, Tax Evasion, Racketeering, Swiss Baker, Write Off, Auditors, JP Morgan, Proceeds of the Sale, Intermediaries, Christopher Hill, Tax Returns, Job, Banks, Business News
Iris Mack

Goldman Sachs and JP Morgan are being subsidized by the Federal Reserve. Why can't the Fed instead subsidize Americans who want a job? How stupid do they think the American taxpayer is?

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Suppose the Tax Cuts Expired

Dr. Philip Neches | Posted 05.25.2011

Read More: Taxes, Harry Reid, Senate, Barack Obama, Bush Tax Cuts, Wealth, Uncle Sam, Saving Money, Accounting, Tax Deductions, Politics News
Dr. Philip Neches

The simplest thing is to spend more on things that generate deductions. Give more to charity. Buy a new computer. Do more business travel: go more often, stay longer, upgrade accommodations.

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Creating the PFM for Business Banking

Brett King | Posted 05.25.2011

Read More: Payments, Onboarding, Receivables, Internet Banking, Sme, Sole Trader, Pfm, Accounting, Business, Invoicing, Enablement, Merchant, Business News
Brett King

Business Internet Banking can become the platform for much more leverage with business clients, but today it is a very basic transactional platform. We need to shift it to become the PFM of business banking.

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American Apparel: Rags To Riches To Rags Story?

The Guardian | Amelia Hill | Posted 05.25.2011

Read More: Receivership, Bankruptcy, Lion Capital, Sexual Harassment, Dov Charney, American Apparel, Accounting, Recession, Business News

With sales down by 16% in its 279 shops globally -- 15 in the UK -- the company whose clothes were worn by the coolest kids across the world is now at...

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