Some companies, such as banks, large manufacturers, and airlines, have to make a big investment in assets to operate. Delta Airlines, for example, has to lease gates and ticket counters at over 300 airports. How a business accounts for this type of spending has a big impact on company profit. This excellent article […]
Who knew that Thomas the Tank Engine could stir up so many problems? Mattel, the owner of the toy brand and PwC, Mattel’s external auditor, did not take proactive steps to correct an accounting error. The company and the auditor have paid a heavy price. This excellent article from the Wall Street […]
People don’t often consider logistics to be an interesting topic. But getting logistic right can make or break your business. Logistics may be viewed as a way to get products from point A to point B, but there is much more to it than that. For a lot of businesses, getting the right […]
Under Armour’s CEO is stepping down, and the stock price declined by over 18% on Mon, 11/4. What happened? The company’s third quarter earnings report was negative, but the bigger story is this: “Department of Justice is conducting a criminal inquiry into whether Under Armour shifted sales from quarter to quarter to […]