Business Commons^™

Think Your Business Is Ready For Internationalization?, Michael Lee, Michael Wright

Accountancy Faculty Publications and Presentations

Many small and medium-size enterprises that reach a relative saturation point in their domestic market look toward the global stage as a way to grow into a multinational corporation. This is known as internationalization, the process of increasing business involvement in international operations. Internationalization requires considerable resources and coordination, and it is fraught with business risks.

Boise State On Business: Companies Must Balance Feelings And Facts, Michael Lee, Nicholas Gaudioso Jr.

Accountancy Faculty Publications and Presentations

Many companies are founded with innovation, enthusiasm and hopes for success. In its inaugural days, the business founder/CEO is able to personally drive the company's success with a passion while wearing multiple hats and controlling all aspects of the business operations. They understand their market, can effectively communicate their chosen mission to employees and have a good "feel" for their cost and margins.

However, there comes a point where sales grow, new employees are hired and operations expand. All of a sudden, it becomes evident that managing by "feel" is not enough. Founders/CEOs must transition from managing by "feel" to …

Lean Processes Without Compromising Controls, Robyn L. Raschke, Michael T. Lee, Arti Mann

Accountancy Faculty Publications and Presentations

In today’s economic environment, governments feel the pressure to operate more efficiently, and many are therefore considering the gradual and continuous process improvement that Lean provides. Lean begins by examining a process from beginning to end, without departmental barriers; identifying the parts of the process that are inefficient; making a case for Lean improvements; and improving the process by reducing activities and waste that don’t add value to the consumer of the process.

Boise State On Business: These Tools Can Help Make The Most Of Profit And Loss Data, Michael Lee, Michael Wright

Accountancy Faculty Publications and Presentations

Companies invest heavily in creating the traditional profit and loss statement because it is a periodic requirement that measures business performance. The problem is that management is framed into thinking about summarized information, routine reporting and often irrelevant historical performance. Rather than treat it like a mandatory reporting necessity, a periodic photograph of the past that reminds them of what once was, we suggest that companies exploit this versatile tool by adding our three applications that will provide insights into what can be.

Management Accounting Systems Support Start-Up Business Growth, Michael Lee, Spencer R. Cobia

Accountancy Faculty Publications and Presentations

When a start-up company entered an entrepreneurial crisis, it turned to forward-looking management accounting tools to meet the challenges of its changing marketplace strategy and increasingly departmentalized organizational structure. These strategic tools - variance analysis, profit planning, and a performance measurement system - allowed the company to sustain its entrepreneurial spirit and growth. Here is the story of how it all came together.

Reevaluating The Intellectual Property Holding Company, Mark J. Cowan, Warren Newberry Jr.

Accountancy Faculty Publications and Presentations

In their zeal to save on taxes, many companies isolate their intellectual property in wholly owned subsidiaries called intellectual property holding companies (IPHCs). The IPHC landscape, however, is changing. Recently state actions have reduced the tax benefits of IPHCs, impacting the business and legal ramifications of managing intellectual property through a holding company.

Boise State On Business: Old Accounting Tools Can Perk Up Mature Company, Michael Lee, Nicholas Gaudioso, Jr.

Accountancy Faculty Publications and Presentations

In recent weeks, Apple has taken a valuation hit on the back of its quarterly earnings release. Apple's financial reports show that average revenue per unit is declining, production costs are increasing, and sales growth is slowing down. Competition from the likes of Blackberry and Samsung (phones), and Google (Android operating system) is fierce. Blackberry has been on a downward valuation slide since 2011. We can add to this list: Dell (heading for privatization to regain its mojo) and Hewlett Packard.

It seems these companies have entered a "maturity" crisis, unable to keep pace with shortening product life cycles and …

Culture And Management Control Systems In Today’S High-Performing Firms, Michael T. Lee, Sally K. Widener

Accountancy Faculty Publications and Presentations

You might think that firms with bureaucratic cultures would emphasize their use of management control systems. Contrary to expectations, firms with bureaucratic cultures are not users of management control systems!