While many companies worldwide use the International Financial Reporting Standards (IFRS) to determine what’s listed as an asset or liability, the United States is one of the few countries that still uses its own accounting standards (U.S. GAAP).
Recently, there has been pressure to get a single set of international accounting standards for every company to follow, regardless of where it’s based. But that’s easier said than done.
No segment of the economy has been immune from the economic downturn, but U.S. clothing retailers have had a particularly rough time.
Now, even as the economy makes its slow climb back, the apparel industry isn’t out of the woods. They’re facing another set of challenges: retaining customers as new competitors with game-changing ideas fight to break into the market.
With the 2012 presidential election gearing up for the final weeks of the campaign, it’s inevitable that some voters – particularly those who supported then-Senator Barack Obama four years ago – would compare this cycle to the 2008 election, and might be feeling nostalgic for days gone by.
Movie lovers are buzzing about a star-studded film with a dizzying plot that opens Oct. 26. Perhaps one of the most challenging book-to-movie translations to date, Warner Brothers' Cloud Atlas features Tom Hanks, Halle Berry, Jim Broadbent, Susan Sarandon and Hugh Grant, and is helmed by A-list directors Lana and Andy Wachowski (The Matrix and V for Vendetta) and Tom Tykwer (Run Lola Run and The International).
Cyber Monday and the Tuesdays, Wednesdays, Thursdays and Fridays of online shopping that follow can be frustrating — and expensive — for some employers. But Claire Simmers, Ph.D., co-author of "The Internet and Workplace Transformation," says she has seen a recent shift in corporate attitudes concerning employees who shop online at work.
From the classic 1951 Scrooge with Alastair Sim, to the 1992 The Muppet Christmas Carol, to Disney’s 2009 3-D adaptation starring Jim Carrey, which opened at number one the first weekend in November, Dickens’ beloved A Christmas Carol has been in constant reproduction following its original 1843 publication. Generation after generation has sought to adapt the tale not only for film, but theatre, television, ballet, radio and opera.
The holiday season, with its heavy focus on religion, can spark awkward situations at the work place. This festive time of year has many workers wishing to spruce up their offices with holiday decorations, leaving employers to figure out how to regulate such religious expression.
Entertainment marketing expert Brent Smith, Ph.D., says that, despite the shift toward more popular music genres, the Grammy Awards should still be taken seriously by viewers as an event where artists are recognized for the quality of their work.
“To some degree, every brand must stay relevant with mainstream audiences,” says Smith. “Yet, the Grammys still represent the most respected awards show in the music industry because the nominees and winners are elected by their peers.”
According to a recent census, Philadelphia’s poverty rate is “roughly double” the national figure. The city’s largest hunger-relief organization, Philabundance, estimates that 25.1 percent of Philadelphians are below the poverty line – a rate that is highest among the 10 biggest U.S. cities. To address this issue, a group of Saint Joseph’s University students and faculty partnered with Philabundance to develop a new food distribution model to reach Philadelphia’s hungry more efficiently.
David Allan, Ph.D., an entertainment marketing expert and professor at Saint Joseph’s University in Philadelphia, says the big news this year about Super Bowl commercials is what viewers won’t see.
Pepsi, which has bought up commercial slots during the Super Bowl for more than 20 years, has opted out this time around, leaving the field open for other companies to make their move.