Accounting →
- 24 Jan 2005
- Research & Ideas
Rethinking Activity-Based Costing
Activity-based accounting looks great in the classroom, but too often fails in the field. In this Harvard Business Review excerpt, HBS professor Robert S. Kaplan along with Steven R. Anderson suggest a way around the obstacles. Closed for comment; 0 Comments.
- 02 Aug 2004
- What Do You Think?
For Greater Transparency, Is Section 404 an Effective Response?
Section 404 of the Sarbanes-Oxley Act requires that managers certify the integrity of their internal controls for financial reporting. In the end, are shareholders getting their money’s worth? Are more costly amendments to come? Closed for comment; 0 Comments.
- 12 Jul 2004
- Research & Ideas
Enron’s Lessons for Managers
Like the Challenger space shuttle disaster was a learning experience for engineers, so too is the Enron crash for managers, says Harvard Business School professor Malcolm S. Salter. Yet what have we learned? Closed for comment; 0 Comments.
- 24 May 2004
- Research & Ideas
When Reputation Trumps Regulation
Foreign firms cross-listing on U.S. exchanges are learning that their biggest appeal to potential investors lies in a strong reputation. An interview with HBS professor Jordan Siegel. Closed for comment; 0 Comments.
- 03 Nov 2003
- What Do You Think?
Can Investors Have Too Much Accounting Transparency?
The earnings of all publicly owned organizations may soon take a hit as the organizations comply with various provisions of the Sarbanes-Oxley Act and new FASB rules. Are these and perhaps other "cures" to the corporate scandals really worth the cost to investors? Closed for comment; 0 Comments.
- 08 Sep 2003
- Research & Ideas
A Bold Proposal for Investment Reform
Do the markets need an investor's union? Should company audits be overseen by stock exchanges? If you want to restore investor confidence, think radical reforms, say professors Paul Healy and Krishna Palepu. Closed for comment; 0 Comments.
- 11 Aug 2003
- Research & Ideas
Why Budgeting Kills Your Company
Why doesn’t the budget process work? Read what experts say about not only changing your budgeting process, but whether your company should dispense with budgets entirely. Closed for comment; 0 Comments.
- 19 May 2003
- Research & Ideas
Expensing Options Won’t Hurt High Tech
Will expensing stock options harm the competitiveness of start-ups? Not likely, say Zvi Bodie, Robert S. Kaplan, and Robert C. Merton in this Harvard Business Review excerpt. Closed for comment; 0 Comments.
- 03 Mar 2003
- What Do You Think?
Are Conditions Right for the Next Accounting Scandal?
Will risk-averse corporate audit committees' natural tendencies to engage the biggest accounting firms insure that the current accounting oligopoly will become even stronger? Closed for comment; 0 Comments.
- 06 Jan 2003
- Research & Ideas
Why Expensing Options Doesn’t Solve the Problem
Stock options for executives have certainly been abused, but reforms requiring companies to expense option grants on their financial statements don't solve the fundamental problems, argues Harvard Business School professor William A. Sahlman. Closed for comment; 0 Comments.
- 09 Dec 2002
- Research & Ideas
Most Accountants Aren’t CrooksWhy Good Audits Go Bad
The Sarbanes-Oxley Act sets stiff penalties for auditors and executives who commit fraud. Problem is, says Harvard Business School professor Max H. Bazerman and his collaborators, most bad audits are the result of unconscious bias, not corruption. Here's a new look at how to audit the auditors. Closed for comment; 0 Comments.
- 13 May 2002
- Op-Ed
A Cure for Enron-Style Audit Failures
In an opinion piece in the Financial Times, Harvard Business School professor Jay Lorsch argues for legislation to create an independent, self-regulatory organization to oversee accounting firms. Enron, he says, is not an isolated incident. Closed for comment; 0 Comments.
- 26 Nov 2001
- Op-Ed
Why Corporate Budgeting Needs To Be Fixed
Not to mince words, but corporate budgeting is a joke, argues HBS professor emeritus Michael C. Jensen in this Harvard Business Review excerpt. The problem isn't with the budget process—it's when budget targets are used to determine compensation. Closed for comment; 0 Comments.
- 01 Feb 2000
- Research & Ideas
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Financial Reporting Goes Global
Globalization is the key issue in determining the future of financial accounting, says professor Gregory S. Miller. And as more countries consider adopting an international accounting standard, India is positioned to be a strong leader. Closed for comment; 0 Comments.