Accounting’s Perfect Storm Update

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Category:
Accounting and Auditing | ACPEN Industry Institute
Faculty:
William F. O’Brien, MBA, CPA
Course Levels:
Intermediate
Duration:
3.6 Hours
License:
Access for 30 day(s) after program date.

This course will discuss the impact of IFRS Adoption, Convergence Completion and Private Company Reporting Options on U.S. Financial Reporting.

Basic Course Information
Learning Objectives
Current status of IFRS Adoption
Current status of Convergence Completion
Current status of Private Company Reporting Options

Major Subjects
The current status of Accounting’s Perfect Storm
Business issues involving these changes
10 thoughts for the road

Important CPE Credit Information_READ BEFORE WEBCAST UPDATED (0.47 MB) Available after Purchase
Perfect_Storm_Handout (2.1 MB) Available after Purchase

William F. O’Brien, MBA, CPA
WILLIAM F. O’BRIEN, MBA, CPA, is a financial management consultant and educator with over 40 years of experience. He has held senior financial management positions with Intel Corporation and ROLM Corporation and served as CFO for several emerging high technology companies. Mr. O’Brien has extensive experience in corporate planning, financial analysis, cash management and managerial accounting in both domestic and international settings. He has served on the faculties of Santa Clara University and San Jose State University and is a frequent financial seminar speaker in both the U.S. and abroad.

What is Everything Else?

Everything Else is a product category on Amazon that is meant to be a catch-all for items that don’t fit into any other categories. Over time, as the Amazon catalog has grown and more specific product categories have been added, Everything Else has become less useful and more of a junkyard for cast off and forgotten listings.

Until recently, however.

Why are items listed in Everything Else when they shouldn’t be?

The answer to this is fairly simple. Some sellers are using Everything Else as an opportunity to get around Amazon’s gated category requirements. For example, DVDs with an MSRP of over $25 are now gated  Selling certain products and bran… More and require permission to list. So we’ve seen some sellers create new listings in Everything Else to get around these requirements. We’ve noticed similar “workarounds” for other gated or restricted  Selling certain product categorie… More categories as well.

Amazon doesn’t like this. It just makes the catalog more of a mess than it already is and ends up creating a worse customer experience.

Accounting’s Perfect Storm Update

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