Latest News - Accounting

Project – Master Budgeting Introduction The master budget gathers smaller elements in the organization’s budget and puts them together to provide the management with a holistic view of its...

Accounting Principles for Public and Private Companies Accounting in public and private companies serves different purposes. Private companies generally have a few owners compared to public...

Audit and Internal Control – The Case of Citigroup Critique Citigroup’s Internal Controls and the Purpose They Serve The fraud at Citigroup brings to light internal control and audit...

WH Framework for Decision-Making – L’Oréal W-WHO (Stakeholders) Regulators Employees Customers Shareholders H-How (Guidelines) Passion: To make the L’Oréal adventure fascinating To improve the...

Core Competencies and Resource Management According to Prahalad & Hamel (1997), core competencies stem from a firm’s ability to develop a product at a lower cost and a faster rate than its...

Ethical Issues Arising from Financial Rewards to the Executive I disagree that executive management compensation should be tied to financial performance for two reasons. First is that the same...