StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Current event business articles relative to managerial accounting - Essay Example

Cite this document
Summary
To date, its shares have fallen by 21% and its assets are down by 4% while its revenue had been flat for several years. The ratings of its TV stations also have…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER98.6% of users find it useful
Current event business articles relative to managerial accounting
Read Text Preview

Extract of sample "Current event business articles relative to managerial accounting"

Teacher Current event business article related to managerial accounting: Viacom: The autumn of Summer Link: http www.economist.com/news/business/21646744-future-nonagenarians-media-empire-looks-ever-more-uncertain-autumn-sumner The article entitled Viacom: The autumn of Summer is about Viacom’s declining share due to several factors. To date, its shares have fallen by 21% and its assets are down by 4% while its revenue had been flat for several years. The ratings of its TV stations also have slipped by 30% since February 2010.

The managerial accounting problem stated in the article is the reduced profit and shrinking market share due to its declining ratings.Analysis The changing technology could be blamed for Viacom’s decline in audience share. The changing technology such as the advent of internet shifted many of young audience’s attention from the traditional TV shows of Viacom to internet base videos and intensified competition. The lack of measurement tool also contributes to the shrinking number of its share in the market.

Nielsen, a rating provider does not count shows that are watched in its main audience ratings. Conclusion To save the company, Viacom employs the traditional managerial accounting remedy to stop the company from “financially bleeding”. It tried to cut its cost by around $250m a year which means firing many executives. To increase the value of its declining stocks and revive its share price, Viacom is also borrowing to buy back stock and increase the dividend. It is also trying to expand its operation outside of United States and buy ones abroad.

Viacom is making these drastic steps to arrest the decline of the company which according to the article could be taken over by another company due to its poor performance within five years.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Current event business articles relative to managerial accounting Essay”, n.d.)
Current event business articles relative to managerial accounting Essay. Retrieved from https://studentshare.org/finance-accounting/1684311-current-event-business-articles-relative-to-managerial-accounting
(Current Event Business Articles Relative to Managerial Accounting Essay)
Current Event Business Articles Relative to Managerial Accounting Essay. https://studentshare.org/finance-accounting/1684311-current-event-business-articles-relative-to-managerial-accounting.
“Current Event Business Articles Relative to Managerial Accounting Essay”, n.d. https://studentshare.org/finance-accounting/1684311-current-event-business-articles-relative-to-managerial-accounting.
  • Cited: 0 times

CHECK THESE SAMPLES OF Current event business articles relative to managerial accounting

Managerial Support Systems

In our current business environment managers have to realize that a corporate website represents an opportunity to improve its customer service without raising costs.... The writer of this paper states that A website is a valuable resource that can help a company improve its overall performance....
1 Pages (250 words) Article

The Relative Success of a Family Business

The paper "The relative Success of a Family Business" identifies and discusses the criteria that academics use to assess the relative success of a family business.... It also discusses how these differ from those used to assess the relative success of the nonfamily business.... nbsp; Family-run businesses existing today usually originated in the early and middle of the twentieth century and are therefore older as compared to the modern corporate business structures....
6 Pages (1500 words) Article

Current Issues in Health Care Administration

The distinguishing characteristic is the size of the business depending on the number of employees and wages.... current Issues in Health Care Administration: “How the current health care reform bill affects Kansas districts” by Mike Sherry In this regard, there are reforms which are currently being instituted aiming to extend the coverage to more than 30 million uninsured U....
1 Pages (250 words) Article

When Do Opportunity Costs Count

The Impact of Vagueness, Project Completion Stage, and Management accounting Experience” by Lisa Marie Victoravich published in the Year 2010 addresses the issues related to the effect of opportunity costs.... This is further elaborated by dividing the opportunity costs into two different categories such as opportunity cost vagueness and the project completion stage and that management accounting practice and understanding reduces the ability to include these two different categories....
2 Pages (500 words) Article

Business Ethics Current Event

managerial accounting: An introduction to concepts, methods, and uses.... These ways include Business Ethics current event Tone at the top is an important component for effective corporate compliance programs, and internal control.... It is important to note that managers usually perform well despite the poor performance of a business unit due to factors that beyond the control of the manager (Maher, Stickney, and Weil, 2012).... he information from the event is related to what was discussed in the class....
1 Pages (250 words) Article

Spring 2014 Exhibitions Opening Reception

I attended the spring… Americans had turned up in large numbers to enjoy and support the artists. The event featured three visual artworks namely Uncertain Beauty by Darren Waterston, The Spring Exhibitions Opening Reception.... I attended the spring 2014 exhibitions opening reception and no doubt this was a great event show casing and celebrating our artists.... The event featured three visual artworks namely Uncertain Beauty by Darren Waterston, The Dying of the Light: Film as Medium and Metaphor done by a group of six American artists and In Transit: Between Image and Object by Dike Blair, Hugh Scott-Douglas and others....
1 Pages (250 words) Article

Advance cost accounting

On the other hand, cost analysis can be viewed as a technique of Advance Cost accounting Capital budgeting is the planning process that entails the determining by a business whetherits long term investments, which include projects such as new buildings, machinery, plants and products, are worth the cash funding through its capitalization structure.... From this perspective, cost analysis takes on two dimensions, which are project dimension and accounting period dimension (Hongren, Datar & Foster 3)....
2 Pages (500 words) Article

Discussion Topic -Forum for Current Events

“Fake Facebook page costs US taxpayer $134,000” constitutes a current event story that comprises of a security breach.... “Fake Facebook page costs US taxpayer $134,000” constitutes a current event story that comprises of a security breach.... According to BBC News, “The US Justice Department is to pay a woman $134,000 (£88,640) after… ing a fake Facebook page that contained a photograph of her half-clothed....
1 Pages (250 words) Article
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us