Information and Accountants in the Role of Strategic Planning

This article on strategic planning practices is based upon a field study of five world-class companies. The strategic planning practices discussed in this article were extracted from the corporate environment. The information contained in this article, however, is of value alike to CPAs assisting with the enhancement of strategic planning practices in corporations and public accounting firms

Your EQ Skills: Got What it Takes?

Your EQ skills: got what it takes? So you thought the CPA exam was your last test? Read on. Question: Is success in life and career determined primarily by rational intelligence (the IQ or intelligence quotient) or emotional intelligence (the EQ or emotional quotient)? In other words, what\u27s more important: intelligence or intuition? Historically the professional accounting literature has placed little emphasis on behavioral issues such as EQ, although human behavior underlies most of what is written and taught about professional accounting. Now managers place increased value on behavioral skills that help people in the workplace. Look at this statistic: The productivity of one-third of American workers is measured by how they add value to information. Doesn\u27t that describe CPAs exactly? This article will examine the ways in which EQ is crucial to CPAs\u27 success and how they can cultivate EQ if they haven\u27t got a lot of it. The AICPA and the Institute of Management Accountants recognize that emotional intelligence skills are critical for the success of the accounting profession. In CPA Vision 2011 and Beyond: Focus on the Horizon (www.cpavision.org), the AICPA identifies emotional ..

Strategic Planning at Five World-Class Companies

Most successful executives know that strategic planning offers the best way to deal with their changing world. Information is central to successful strategic planning. A field study of 5 world-class companies revealed details regarding information used for strategic planning and the role of management accountants in this process. Key executives were interviewed at: 1. Johnson Controls, 2. Coors Brewing Co., 3. Schering-Plough, 4. Xerox, and 5. 3M Company. The executives were interviewed to find out how their companies did strategic planning. Issues addressed included the distinction between strategic and long-range planning, the strategic planning process, information used for strategic planning, and the role of accounting in strategic planning. Results of the field study are discussed

A Statistical Approach to Crime Linkage

The object of this paper is to develop a statistical approach to criminal linkage analysis that discovers and groups crime events that share a common offender and prioritizes suspects for further investigation. Bayes factors are used to describe the strength of evidence that two crimes are linked. Using concepts from agglomerative hierarchical clustering, the Bayes factors for crime pairs are combined to provide similarity measures for comparing two crime series. This facilitates crime series clustering, crime series identification, and suspect prioritization. The ability of our models to make correct linkages and predictions is demonstrated under a variety of real-world scenarios with a large number of solved and unsolved breaking and entering crimes. For example, a na\"ive Bayes model for pairwise case linkage can identify 82\% of actual linkages with a 5\% false positive rate. For crime series identification, 77\%-89\% of the additional crimes in a crime series can be identified from a ranked list of 50 incidents

The Influence of Leasing Upon Wildlife Management and Hunting Opportunity

(Invited Paper) Leasing can stimulate better wildlife management on private land. Thus wildlife professionals should support leasing. Private landowners provide most hunting opportunity but receive a disproportionately small share of the revenue generated by hunting, Leasing is a just system that pays the person producing wildlife and charges the person using it, Leasing is not always detrimental to hunting opportunity. Considerations concerning the effect of leasing upon hunting opportunity are less important than considerations concerning the effect of leasing upon wildlife management