The growing availability of cloud computing provides opportunities to manage costs—by effectively outsourcing selected information technology (IT) functions. But like all other outsourcing decisions, you must conduct a careful analysis—to ensure that potential savings outweigh both costs and the risks of ceding control to an outside vendor. This article provides guidance for managers considering cloud computing as a cost management strategy. © 2012 Wiley Periodicals, Inc.

Organizations such as the AASCB and the Pathways Commission (2012) recommend that emerging technologies be included in the accounting curriculum.  Yet the inclusion of emerging technologies represents a challenge for accounting educators due to the complexity and uncertainty associated with many technologies, as well as the rapid pace of technology change and innovation.  This paper answers the call by the Pathway Commission (2012) for additional research focused on enhancing learning experiences to better reflect current and emerging technologies. Using an experiential learning approach (Butler, Church, and Spencer (2019), we create a hands-on, learning activity focused on blockchains in order for accounting students to gain a conceptual understanding of blockchains and its applications and implications beyond bitcoins.

No abstract

With all the concerns about just surviving in this economy, many corporations may have neglected governance. But here are five governance issues that companies need to look at now! © 2011 Wiley Periodicals, Inc.

New procedures for financial reporting of income taxes will take effect for many companies this year. These procedures are spelled out in Statement of Financial Accounting Standards 109 and represent a sharp departure from Accounting Principles Board Opinion 11. This article breaks down the new procedures into seven steps and introduces readers to the practical implementation of the asset and liability approach to accounting for income taxes. The article also highlights differences between FAS 109 and its predecessors, focusing on some of the difficult judgments that must be made to apply the new rules.