Jacob Cohen

Visiting Professor of Innovation, Entrepreneurship, and Capital Markets
The case discusses the financial fraud at Royal Ahold. It highlights the company's background and the financial issues it ran into in 2000 and 2001 and the accounting games that were played by management that led to the company's fall.

Published 29 Nov 2007

Reference 5422

Topic Economics & Finance

Industry Supermarkets

Region Europe

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The note addresses accounting for mergers and acquisitions by using the example of P and G's acquisition of Gillette. It explains the accounting journal entries that are recorded in an M and A transaction and the process of calculating goodwill and subsequent impairment.

Published 29 Nov 2007

Reference 5487

Topic Economics & Finance

Industry Accounting

Region Global

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The case discuss the accounting of Walgreens and CVS with regards to leases. Both companies operate thousands of stores and account for those assets mostly as lease transactions that are off-balance sheet. The case discuss the companies property, plant and equipment footnote and tries to understand the true health of the companies.

Published 16 Aug 2007

Reference 5462

Topic Economics & Finance

Industry Retail

Region North America

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The case was written as a result of a BusinessWeek article, "How banks pretty up their profits picture". It address Citigroup and the earnings per share it reported to The Street in 2004 which were exceeded expectations by a penny. This was after reversing 15 cents of the loan loss reserve accrual.

Published 13 Jul 2007

Reference 5809

Topic Economics & Finance

Industry Banking

Region Global

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The case highlights the issue of human capital accounting. Corporation regularly argue that employees are their most valuable asset. However, when we look through the assets on the balance sheet, no amount is reported.

Published 19 Jun 2007

Reference 5384

Topic Economics & Finance

Industry Information Technology and Services

Region Asia

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This case is about the battle amongst major designer companies in the fashion inustry for the acquisition of Gucci Group. The major competitors are LVMH and PPR. The contents of the case discuss how Gucci's management is affected with the change in leadership and who and how acquired Gucci.

Published 22 Nov 2006

Reference 5377

Topic Strategy

Industry Apparel and Fashion

Region Europe

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This case focuses on Whole Foods Market Inc. and how it accounts for its leases, in particular whether or not it should capitalize its operating leases. The case write-up includes a company history, Whole Foods Market property, and the accounting controversy related to FASB Statement No. 13.

Published 01 Oct 2006

Reference 5405

Topic Economics & Finance

Industry Food and Beverages Production

Region North America

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This workbook focuses on three international companies in the automotive manufacturing industry. The industry write-up gives an overview of the industry; growth development, as well as cost cutting measures in response to the prevailing economic situation. Similarly, the company write-ups are a general overview of the history and business segments within each company.

Published 01 Oct 2006

Reference 5376

Topic Economics & Finance

Industry Automotive Mechanical or Industrial Engineering

Region Global

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This is a technical note on the role of analysts and certain terms they use in analyzing companies. This note also outlines the introduction of several NYSE and NASDAQ rules that require analysts, in some circumstances, to disclose certain conflicts of interest when recommending the purchase or sale of a specific security.

Published 01 Oct 2006

Reference 5406

Topic Economics & Finance

Industry Investment Banking

Region North America

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This case is about the merging of Bank One with JPMorgan Chase, to claim the second largest banking franchise in the United States. The case also talks about the banking industry at the time the case was written. The rationale for the deal of the merger is also discussed in detail.

Published 01 Jul 2006

Reference 5383

Topic Economics & Finance

Industry Banking

Region North America

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Corporate Restructuring, Mergers & Acquisitions, Private Equity, Valuation, Financial Reporting, Business Law and Government Regulations