Accounting 2: Strategic Cost Analysis for Enterprise Management, Part 2

I never thought I'd say it, but I like accounting.  I can say this, in large part, thanks to Marco Malandra.  He's the professor teaching the second accounting course and he's done the impossible…he's made accounting interesting and relatable.  Tonight he's presenting a Knowledge Leadership Series (KLS) lecture on "The Development & Problems of Financial Accounting".  For anyone interested in the history of accounting and the issues facing the industry, this is a must attend event.  Can't make the event?  Download his complimentary white paper on the topic.  And don't worry, Marco is back next year to teach the EMBA class of 2014 so he'll conduct another KLS sometime in 2014.


Here's a quick intro to the KLS and the white paper.


Accounting is often called "the language of business" because it is the process of identifying, measuring, and communicating financial information to many different groups of people, necessitating different types and uses of accounting. The role of financial accounting – the preparation and issuance of financial statements to help external users, primarily the owners and creditors of a business, make informed investment decisions – has gained a lot of attention lately thanks to the enormity of the accounting scandals since 2001– Enron, World Com, and Lehman Brothers, to name just a few. But many people don't understand the history of financial accounting and its many iterations over the decades (and even centuries!). Join Marco Malandra as he explores the roots of financial accounting and discusses the challenges the industry is facing.

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