Publications

August 2022
Supplement

Sweet Teez Bakery: Projecting the Dough’s Rise Financial Supplement

By: Emily R. McComb, Mel Martin and Amy Klopfenstein

Abstract: In 2021, the HBS Impact Investment Fund student team met with entrepreneur Teresa Maynard, who had applied for a $25,000 impact investment loan. The students thought the former Harvard Data Scientist’s bakery business, Sweet Teez Bakery, showed promise.... View Details

Keywords: Impact Investment; Entrepreneurship; Social Entrepreneurship; Finance; Investment; Goods and Commodities; Financial Reporting; Small Business; Food and Beverage Industry; Massachusetts; United States

June 2006 (Revised February 2007)
Teaching Note

Private Capital and Public Policy: Standard & Poor's Sovereign Credit Ratings (TN)

By: Rawi E. Abdelal

Keywords: Public Sector; Credit; Financial Services Industry

June 2025
Technical Note

Fair Value Accounting for Debt Securities and Loan Assets

By: Jung Koo Kang, Krishna G. Palepu and Charles CY Wang

Keywords: Fair Value Accounting; Debt Securities

Educators

19 Feb 2019
News

Bank Boards: What Has Changed Since the Financial Crisis?

March 2021 (Revised April 2021)
Case

Wirecard: The Downfall of a German Fintech Star

By: Jonas Heese, Charles C.Y. Wang and Tonia Labruyere

Wirecard was a German fintech company, member of the DAX30, that provided payment processing and related services. Wirecard had enjoyed large growth rates over the years and most investors and analysts were enthusiastic about the company's prospects. Wirecard's... View Details

Keywords: Accounting Fraud; Scandal; Accounting Audits; Accounting; Financial Reporting; Financial Institutions; Financial Markets; Corporate Governance; Governance Compliance; Corporate Accountability; Governance Controls; Financial Services Industry; Germany; Singapore; Dubai

Educators

Web

Admissions & Financial Aid | MBA

Student Account for the fall term and the other half for the spring. All MS/MBA: Engineering Sciences students are subject to HBS Financial Aid policies and limits (e.g. student budgets, loans and veterans... View Details

Fast Answer

Industries: financial analytical data and tools

analytical features. Standard & Poor's RatingsDirect (available from Capital IQ) Access to the credit research behind S&P ratings on a wide variety of debt issues from around the world. These reports can provide useful... View Details

November 1993 (Revised July 1995)
Background Note

Introduction to Transnational Financial Statement Analysis

By: David F. Hawkins

Keywords: International Accounting; Financial Statements

25 Apr 2014
News

Raising the bar for financial literacy

Nan Morrison (MBA 1987) is intent on making children financially and economically literate. As CEO of the Council for Economic Education (CEE), a New York–based national nonprofit, she trains more than 55,000 teachers nationwide annually,... View Details

August 1994 (Revised July 1995)
Background Note

Financial Reporting and Control, Course Overview

By: Robert L. Simons and Antonio Davila

Keywords: Financial Reporting

February 1987 (Revised July 1996)
Case

Comdisco, Inc.: Financial Statement Analysis (B)

By: Krishna G. Palepu

Keywords: Financial Statements

22 Jun 2009
Research & Ideas

“Too Big To Fail”: Reining In Large Financial Firms

largely unregulated hedge fund, came perilously close to collapse in 1998, threatening the global financial system. The tech bubble burst in 2001. Accounting scandals destroyed Enron in 2001 and WorldCom in... View Details

Keywords: by Roger Thompson; Financial Services; Financial Services

Web

Admissions & Financial Aid | MBA

aid in these years and follow standard HMS financial aid policies and procedures. In Year 4, students are registered at HBS pursuing the MBA Required Curriculum and pay full HBS tuition and fees. Students... View Details

October 1990 (Revised June 1993)
Case

Taxing Situations: Two Cases on Income Taxes and Financial Reporting

By: William J. Bruns Jr.

Two whimsical situations are described to provide illustrations of situations where income taxes paid differ from the income tax expense that might be included in financial reports. In addition to illustrating that financial reported income may differ from taxable... View Details

Keywords: Taxation; Accounting Audits; Financial Statements; Financial Reporting; Decisions; Accounting Industry; Accounting Industry

Educators

December 2010
Article

Implications for GAAP from an Analysis of Positive Research in Accounting

By: S.P. Kothari, Karthik Ramanna and Douglas J. Skinner

Based on extant literature, we review the positive theory of GAAP. The theory predicts that GAAP's principal focus is on control (performance measurement and stewardship) and that verifiability and conservatism are critical features of a GAAP shaped by market forces.... View Details

Keywords: Fair Value Accounting; Standards; International Accounting; Financial Markets; Financial Reporting

SSRN

Article

Gathering Data for Archival, Field, Survey, and Experimental Accounting Research

By: Robert Bloomfield, Mark W. Nelson and Eugene F. Soltes

In the published proceedings of the ﬁrst Journal of Accounting Research Conference, Vatter (1966) lamented that “Gathering direct and original facts is a tedious and difﬁcult task, and it is not surprising that such work is avoided.” For the 50th JAR Conference,... View Details

Keywords: Archival; Data; Experiment; Empirical Methods; Field Study; Analytics and Data Science; Surveys; Financial Reporting