Questions from Management Accounting

Q: German global company Siemens AG had a turnover of almost €87

German global company Siemens AG had a turnover of almost €87 billion in its 2019 fiscal year, recording a net profit of €6.31 billion, according to its 2019 Annual Report. The company operates global...

Q: From Real World Views 19.1, you know that Siemens

From Real World Views 19.1, you know that Siemens operates in many countries and has a diverse product offering. With such complex and broad operations, there are invariably many factors that can affe...

Q: Each year, Institutional Shareholder Services (ISS) conducts a Global

Each year, Institutional Shareholder Services (ISS) conducts a Global Benchmark Policy Survey as part of an annual development process. Questions in 2019 included a broad range of topics such as bo...

Q: As a result of the recent financial troubles at Tesco its shares

As a result of the recent financial troubles at Tesco its shares declined to an 11-year low in 2014. Terry Smith, chief executive of investment house Fundsmith, stated in an article published in The F...

Q: Following the events of September 2001, airport security screening in the

Following the events of September 2001, airport security screening in the USA and globally increased dramatically. As we all know, this led to increasing queues at airports which, while inconvenient...

Q: Multinational organizations can use international transfer pricing to achieve multiple objectives.

Multinational organizations can use international transfer pricing to achieve multiple objectives. By setting a high transfer price in selling/providing a good/service between subsidiaries/divisions l...

Q: Although there are various ways to categorize the costs that firms incur

Although there are various ways to categorize the costs that firms incur, one of the most popular is to do so using fixed and variable costs. Depending on the industry in which a particular firm opera...

Q: According to figures released by the UK tax authority (HMRC –

According to figures released by the UK tax authority (HMRC – HM Revenue & Customs), £1.68 billion was raised from transfer pricing adjustments in the tax year 2017–18, which was slightly higher than...

Q: Across Europe, just how much – or little – US multinational

Across Europe, just how much – or little – US multinational firms are paying in taxes is coming under intense scrutiny according to an article published in the Washington Post. Most of the investigati...

Q: The Globe and Mail (Canada) quotes an article written by

The Globe and Mail (Canada) quotes an article written by Professor Pietro Micheli in Industry Week in which he listed seven myths about performance management that promote the wrong behaviours. The f...