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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 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 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.
