Publications

Teaching Note for (9-101-013). View Details

Keywords: Web Services Industry

November 2000 (Revised January 2003)
Case

Yahoo!'s Stock-Based Compensation

By: Paul M. Healy and Jacob Cohen

Amy Maislos, an investor in Internet and technology companies, was excited to read that Yahoo! had reported a positive net income for 1998 operations. During the late 1990s, stock prices of Internet companies had risen rapidly even though most companies were reporting... View Details

Keywords: Stock Options; Internet and the Web; Financial Statements; Corporate Disclosure; Business Earnings; Earnings Management; Information Technology Industry

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2000
Book

Business Analysis and Valuation

By: Paul M. Healy, Krishna G. Palepu and Victor L. Bernard

Keywords: Valuation; Theory

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October 2000 (Revised October 2000)
Case

Off-Balance Sheet Leases in the Restaurant Industry

By: Amy P. Hutton, Paul M. Healy and Jacob Cohen

Amid mounting concern by credit agencies about off-balance sheet liabilities, an analyst for one of the leading credit-rating agencies has been asked to make a presentation about off-balance sheet liabilities, the strategic analysis behind leasing versus purchasing... View Details

Keywords: Fair Value Accounting; Property; Leasing; Financial Statements; Capital Structure; Credit; Financial Services Industry

September 2000 (Revised January 2002)
Exercise

Inventory Exercises

Introduces students to the concepts of inventory valuation (LIFO and FIFO) using a simple example. They then get the chance to apply this knowledge to help understand the inventory footnote for California Steel Industries. View Details

Keywords: Logistics

September 2000
Case

MCI-WorldCom Combination, The (A)

By: Paul M. Healy and Jacob Cohen

Outlines the accounting decision faced by WorldCom in its acquisition of MCI. Two methods are discussed (purchase and pooling) and students are asked to evaluate which would be more suitable for WorldCom. View Details

Keywords: Mergers and Acquisitions; Accounting; Telecommunications Industry

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September 2000
Case

MCI-WorldCom Combination, The (B)

By: Paul M. Healy and Jacob Cohen

Supplements the (A) case. View Details

Keywords: Mergers and Acquisitions; Accounting; Telecommunications Industry

September 2000
Background Note

Financial Statement and Ratio Analysis

By: Paul M. Healy and Jacob Cohen

Prepares students for financial ratio analysis. View Details

Keywords: Business Education; Financial Statements; Theory

August 2000 (Revised October 2000)
Background Note

Accounting for Mergers & Acquisitions

By: Paul M. Healy and Jacob Cohen

Discusses merger and acquisition accounting. View Details

Keywords: Mergers and Acquisitions; Accounting

August 2000 (Revised January 2001)
Background Note

Asset Reporting

By: Paul M. Healy and Preeti Choudhary

Using historical cost and conservatism to identify and value assets, this case explains the criteria for asset reporting in straightforward situations and then examines scenarios where implementing the criteria for recognition and valuation of assets is conceptually... View Details

Keywords: Accounting; Assets; Problems and Challenges; Accounting Industry

August 2000 (Revised February 2001)
Background Note

Expense Recognition

By: Paul M. Healy and Preeti Choudhary

Recording expenses is not often clear-cut and can require considerable management judgment. This case discusses expense recognition in straightforward situations and then considers expense transactions that may be more complex to record. It uses examples that include... View Details

Keywords: Accounting; Cost; Financial Statements

August 2000 (Revised November 2001)
Background Note

Liability Reporting

By: Paul M. Healy and Preeti Choudhary

By examining key criteria for recognizing a liability, this case explores liability recognition in straightforward situations and then examines the most difficult reporting issues in recording liabilities. These often arise when: 1) uncertainty arises about whether an... View Details

Keywords: Financial Reporting; Legal Liability; Valuation; Problems and Challenges; Accounting Industry

August 2000 (Revised January 2001)
Background Note

Reporting Income for Dot-Coms

Dot-coms provide unique financial reporting situations. View Details

Keywords: Financial Reporting; Capital; Revenue; Web Sites; Web Services Industry

August 2000 (Revised February 2001)
Background Note

Revenue Recognition

This case discusses revenue recognition in straightforward situations and then considers revenue transactions that may be more complex to record. Revenue recognition criteria can be implemented for the following situations: 1) Customers pay prior to delivery; 2)... View Details

Keywords: Business Earnings; Revenue Recognition; Decision Making; Financial Statements