This is from the "Accounting Makes Cents" podcast episode #72 released on Monday, 26 August 2024. Today’s episode is not necessarily CIMA-centric, but it is a term we should be familiar with if you’ve ever studied the relevant costing, which is a concept used in decision-making, focusing only on the costs and revenues that will … Continue reading Cutting Your Losses: The Sunk Cost Fallacy
Tag: Management Case Study
Responsibility Accounting Unplugged
This is from the "Accounting Makes Cents" podcast episode #71 released on Monday, 12 August 2024. In this episode, we explore responsibility accounting. I know this topic is a little bit dry, so we’ll spice it up a bit by using an analogy, think about how you’d manage to put together a music festival. And … Continue reading Responsibility Accounting Unplugged
The Role of Internal Audit – Why We Dread It but Need It
This is from the "Accounting Makes Cents" podcast episode #70 released on Monday, 29 July 2024. In this episode, we explore why internal audits are crucial for any company's success, how they help in managing risks, ensuring compliance, and improving overall efficiency. We also delve into the COSO framework, which provides a structured approach to … Continue reading The Role of Internal Audit – Why We Dread It but Need It
Force Field Analysis: the One with the List
This is from the "Accounting Makes Cents" podcast episode #66 released on Monday, 3 June 2024. Let's start with a fun reference. As the show notes explained, this post is inspired by the classic episode on Friends entitled “The One with the List”. In that Friends episode, Ross made a pros and cons list to … Continue reading Force Field Analysis: the One with the List
Case Study Exams 102 for the Overwhelmed Students
This is from the "Accounting Makes Cents" podcast episode #65 released on Monday, 20 May 2024. So I was checking out what my most popular episode was on this podcast. And I was kinda surprised that the episode titled “Case Study Exams 101 for the Overwhelmed Student” stood at number 1. I guess I shouldn’t … Continue reading Case Study Exams 102 for the Overwhelmed Students
MJ THE TUTOR 