Professional Occupations, Knowledge-Driven Firms, And Entrepreneurship: A National And Regional Analysis

The worldwide dominance of Western nations in commercial knowledge-intensive services has declined between 1995 and 2010, but the slippage in revenue was only from 88 to 79 percent. The European Union and North America remain the two largest regions in consumption and in exporting. Four professional service sectors—accounting, law, engineering, and management consultancy—have shown stability or even growth in the past decade. Entry and expansion requirements in these fields, at home and abroad, constitute barriers for both individual professionals and companies. Entrepreneurship is evident in these sectors, as small and medium size enterprises have maintained their viability against large firms. Only accountancy shows a high degree of concentration, but competition in this sector, too, is expected from the emerging economies, especially China. Professional service firms of the West have forged strong linkages with both domestic and foreign clients via relationship marketing. Technology is an important factor via automation. Although each of the four sectors is facing both external and internal challenges, they continue to grow and appear to be meeting the challenges in part by more innovation and transparency

Teaching IFRS With Cyber-Guest Lecturers: A Survey and Strategies For Implementation

In 2010, 117 nations have adopted or permit the use of International Financial Reporting Standards (IFRS). On February 24, 2010, the SEC reaffirmed its commitment toward a high quality global set of accounting standards. Firms nationwide are beginning to prepare for adoption and the AICPA has announced that IFRS will be tested on the CPA exam beginning in January, 2011. However, many U.S. business schools are still lagging in the teaching of the new standards and attribute their slow movement to the lack of educational materials. While several IFRS textbooks are beginning to appear on the U.S. market and several innovative curriculum developments are occurring, the teaching materials are still considered sparse. This paper examines an emerging and impressive source of supplementary IFRS teaching materials that included professional and institutional webcasts and online videos. The trend of internet users accessing online videos is displaying explosive growth and higher education is increasingly making use of this media. Currently available IFRS webcasts and videos are first surveued and then pedagogical strategies are suggested for implementation in teaching a variety of accounting courses. This technology-based media offers both professors and students alike numerous educational benefits and opportunities

Business Analytics: Transforming The Role Of Management Accountants

Management accountants are positioned to play a key role in the implementation and application of business analytics in their organizations as they move beyond traditional, transactionbased accounting to analytics. This emerging trend will transform how management accountants analyze and interpret data for their companies

Business Analytics: Transforming The Role Of Management Accountants

Management accountants are positioned to play a key role in the implementation and application of business analytics in their organizations as they move beyond traditional, transactionbased accounting to analytics. This emerging trend will transform how management accountants analyze and interpret data for their companies

Teaching IFRS With Cyber-Guest Lecturers: A Survey and Strategies For Implementation

In 2010, 117 nations have adopted or permit the use of International Financial Reporting Standards (IFRS). On February 24, 2010, the SEC reaffirmed its commitment toward a high quality global set of accounting standards. Firms nationwide are beginning to prepare for adoption and the AICPA has announced that IFRS will be tested on the CPA exam beginning in January, 2011. However, many U.S. business schools are still lagging in the teaching of the new standards and attribute their slow movement to the lack of educational materials. While several IFRS textbooks are beginning to appear on the U.S. market and several innovative curriculum developments are occurring, the teaching materials are still considered sparse. This paper examines an emerging and impressive source of supplementary IFRS teaching materials that included professional and institutional webcasts and online videos. The trend of internet users accessing online videos is displaying explosive growth and higher education is increasingly making use of this media. Currently available IFRS webcasts and videos are first surveued and then pedagogical strategies are suggested for implementation in teaching a variety of accounting courses. This technology-based media offers both professors and students alike numerous educational benefits and opportunities

Teaching IFRS With Online Videos and Webcasts: Resources, Analysis, and Guidance

This study examines an emerging source of supplementary IFRS teaching materials. These include professional and institutional webcasts and online videos. The study begins by identifying the sources of IFRS webcasts and online videos, and then provides analysis and guidance for using such media in different levels of accounting courses. We conducted a questionnaire survey that examined student perceptions about using IFRS videos and webcasts in international accounting courses. The survey results indicate that students value the use of IFRS videos and webcasts, perceive them to be effective and to increase their learning, and view them as pedagogical tools that they will look for in the future. This study is important for accounting educators as it provides a useful and engaging tool to deliver IFRS knowledge to students

Should U.S. and Global Regulators Take a Bigger Tax Bite Out of Technology Companies? A Case on Apple\u27s International Tax Minimization and Reporting Strategies

This case provides students with an opportunity to examine the international tax minimization and reporting strategies of Apple Inc. (Apple) and other technology companies, as well as the related U.S. congressional investigations into “Offshore Profit Shifting and the U.S. Tax Code.” The case also addresses supranational and foreign governmental efforts that focus on these global tax issues. Apple has been able to minimize its overall tax bill by utilizing techniques to shift income to lower tax jurisdictions. Students are required to research and critically analyze tax and accounting issues related to Apple\u27s tax minimization strategies, as well as the related U.S. and international regulatory investigations. The case learning objectives include understanding the importance of tax minimization and reporting strategies, increasing knowledge of congressional concerns about multinational tax strategies, and improving awareness of foreign governments\u27 and supranational organizations\u27 criticisms of multinational tax minimization. The case can be used in undergraduate and graduate level International Accounting, Corporate Taxation, and International Taxation classes