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Why Historical Cost Accounting Is Broken (And What Could Fix It)

Earmark Accounting Podcast

What if the foundation of financial accounting is fundamentally flawed? Tom Selling, author of The Accounting Onion blog, argues that historical cost accounting creates a "truth in labeling problem" that allows management to manipulate earnings while failing to capture economic reality.

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BONUS | Dennis Whitney - CMA Exam and Certification

IMA's Count Me

So if you want to go into public accounting, by all means I recommend that you get a CPA. But if you want to work inside an organization, for example, as a CFO, as a controller, as a senior financial accountant or senior management accountant, then by all means I recommend the CMA. Download, listen, rate, and review!

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BONUS | Celebrating 100,000 CMAs

IMA's Count Me

The impetus behind that was that rightly so they believe that management accounting was a distinct profession from public accounting and that the competencies needed inside organizations were different from public accounting. Download and listen to the milestone bonus episode now! There was quite a bit of overlap.

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Ep. 157: Wes Saber - Serving as a Co-pilot for the Business Transformation Journey

IMA's Count Me

Sometimes in the most famous example of, digitization in, the finance and accounting world is the ERP implementation or the system that integrate the entire business, from end, to end. Download and listen now! What tools we have in the world? What's relevant to our industry and what's relevant to our function?