Monday, December 5, 2011

Nintendo Fiscal



I chose Nintendo, due to the fact that they are multi-national.  Nintendo is a game design company that outsells all the other game companies.

Link to reports: http://www.nintendo.co.jp/ir/pdf/2011/111027e.pdf.
The Nintendo Fiscal year ends in March, of 2012.  It lasts a total of 6 months, so the start date would be around September-October.  Nintendo's sales so far are down.   WAY down. Like 923 million loss.  The Fiscal period for Nintendo is good because it is at the height of shopping season.

Waste Management Scandal

Waste Management Logo.svg

In 1998, Waste Management Inc. was found out to be doing unethical accounting practices.  After the scandal, top execs were fired and replaced.  The revelations ended in a major stock drop.  The article can be found at http://en.wikipedia.org/wiki/Waste_Management,_Inc.#Accounting_improprieties.