Alas, Allison Koester could give Mish a run for her money there. She is described as the “kindest, most driven professor at Georgetown” by Colin Miller. While Miller will never become an accountant, he does credit Koester for a feat that enhanced his marriage. “After taking Professor Koester’s accounting class, I was finally able to understand what my wife, who is a CPA, was talking about when she told me about her workday.”
Aside from monitoring new adjusted metrics, investors should also look at whether companies are piling too many negative charges into the pandemic-affected quarters in order to make their reported results look even better once the crisis is over, said Gilles Hilary, an accounting professor at Georgetown’s McDonough School of Business.
If that’s how Mr. Biden’s own supporters feel, we shouldn’t be surprised that many young people who backed his rival, Bernie Sanders, are now keeping their distance. And even Mr. Sanders, whom young Democrats adored, failed to turn out as many younger voters as he had hoped. All of this suggests that Mr. Biden is in major trouble. —Jackson Butler, Georgetown University, finance and accounting.
“But the gesture is often symbolic; executive pay is largely made up of stock options, rather than the salary CEOs pull biweekly. Cutting pay doesn’t always have a significant impact on a company’s bottom line, although it can help if firms are severely cash-constrained. And if the pay cuts are also accompanied by layoffs—like Macy’s nationwide furloughs—any morale-boosting benefits can be “lost in the noise,” according to Jason Schloetzer, an associate professor of accounting at Georgetown University’s McDonough School of Business.” Subscription required.
Artie Minson, according to a person familiar with the company, is a polished executive who represents a “sober choice” for WeWork. Minson studied accounting at Georgetown University and earned his master’s in business administration from Columbia Business School. As an accountant, he worked at Ernst & Young before starting work in the media industry.
Quarterly earnings serve as a report card to investors. Georgetown McDonough experts discuss how the earnings reporting landscape has changed, as well as examine evolving metrics that denote success beyond the bottom line.
Alumni gathered Feb. 25 in San Francisco to hear a panel of executives in finance and social entrepreneurship discuss impact investing with Bill Novelli, founder of McDonough’s Global Social Enterprise Initiative and distinguished professor of the practice.