By Jeff Bardsley
Award Nominee
This podcast outlines the application of the variable and absorption methods used to estimate net income, as well as an explanation of the differences inherent in each method.
Archive for the 'Award Nominee' Category
by Alex Kirkby
Award Nominee
This Podcast is designed to give the listener a general overview of a career in public accounting and provide him or her with insight to make more informed career decisions. If you have ever thought about going into a career in audit, tax or advisory services, this podcast is for you.
by Chris Taft
Award Nominee
Todays accounting word is constantly changing and new issues are arising. This Podcast will explore the 6 top issues with respect to 6 different CPA’s. We will cover topics ranging from dealing with change, accounting information systems, Public and Private firms, Commercial and Federal Contracting, and even touch on the subject of sub-prime loans. So sit back and enjoy the show.
AWARD WINNER - Training Category
This podcast explains the differences between the two approaches to measuring profit: Absorption vs Variable Costing. It will show examples as to what causes the differences in operating income when each approach is used, and which method gives a more useful number when it comes to making decisions. Absorption Costing assigns a share of FMOH to each unit, while Variable Costing expenses all FMOH as a period cost.
By: Maggie Lubbers
Award Nominee
This podcast gives a three step process regarding how to market your accounting major when seeking a non-accounting internship or job. While the targeted audience is students who are not planning to work in public accounting, the information contained in the podcast is applicable to all accounting majors. Through this podcast you will learn how to use your accounting degree to your benefit in the interview process.
by Jordan McGhee
Award Nominee
Activity-Based Costing is the process of assigning an organization’s costs through activities to the products and services provided. This podcast gives an example of how a company goes about assigning costs of activities to the products it provides.
by Catherine Lofland
Award Nominee
Goods are typically transferred through many different processes before being becoming finished goods. In a process costing system, the units in ending work in process inventory are obviously not complete, and the units that were in beginning work in process inventory only needed a certain amount of productive effort before they were finished. To account for these units, we need to find “equivalent units of production,” which are essentially the total number of complete units that could have been manufactured given the amount of productive effort expended during the period. In this podcast I will walk you through the computation of equivalent units of production using both the FIFO and Weighted Average methods.
by Suhani Sanghvi
AWARD WINNER - Special Topic Category
Over the past few years, a growing number of jurisdictions require public companies to use IFRS rather than US GAAP. In today’s increasingly international business environment, American CPAs are frequently encountering IFRS as they assist in cross-border transactions. Fortunately, the standard setters for U.S. GAAP and IFRS are engaged in a convergence process designed to make the two sets of standards compatible. Increasingly, businesses see a significant portion of their future growth in the international arena and are looking for CPAs who can help enhance that growth. This podcast will provide you an insight into some of the major differences between the two accounting systems and the future of this most probable convergence.
By: Patrick Thompson
Award Nominee
At first glance, accounting appears to be a structured, uniform discipline. However, when analyzing how accounting has developed in different countries and economies, it becomes evident that there is more in play that simply fact-based rules. A country’s history and culture greatly affect how an accounting structure is formed and operates in an economy. The following podcast will attempt to highlight how these accounting systems are affected by culture by analyzing two major economies: United States and Japanese economies. And hopefully, this demonstration will give insight to the challenges that lay before the global accounting world and their push to universalize accounting standards world-wide.
by Lauren Pryor
AWARD WINNER - Current Events
The notion of environmental accounting has existed for years, but recently many business schools and corporations have officially embraced the idea of “green” accounting. By taking into consideration environmental costs and impacts, managerial accountants can provide more accurate and comprehensive information to managers for decision making purposes. This podcast addresses the rationale behind environmental management accounting, the way the system works, and the potential benefits of implementation.
