Do High Profits Stymie Innovation and Swell Prices? Unsticking Adam Smith’s Hand

“Signal & Noise” is a bimonthly column by Brian Taylor, AuD.   Profits are an essential part of a free enterprise system. They provide employees and their families with an income, give shareholders a return, foster innovation and signal where capital needs to be invested in order to improve or grow a business.   Profit…

Read More
http://www.thinkadvisor.com/2015/09/08/sec-fines-bankrate-15m-for-accounting-fraud

Accounting 202: Fraud in the Corporate World and at Beltone

Corporate management fraud ranks among the FBI’s highest criminal priorities. So concluded last week’s post on the Beltone accounting fraud.  Sad to say, large-scale corporate fraud is thriving in the healthcare sector, on a scale that dwarfs the paltry $22M (US) Beltone write-down by GN Resound. In the US alone, the FBI ended 2011 in pursuit of 726…

Read More

Can We Talk? About Beltone Fraud?

“The biggest news item in this morning’s press release was that GN’s VP of Finance at its Beltone distribution network in the US– who wasn’t identified–has been accused of accounting fraud between 2012 and 2014 and dismissed.  The fraud was discovered at the end of June and the matter is under investigation.” (excerpted and paraphrased…

Read More
http://en.wikipedia.org/wiki/Philip_Sidney

With a Tale, Forsooth, Northey Cameth Unto Us

The Tom Northey series concludes today, wrapping up his 2000 treatise forecasting the future of our profession.1 He foresaw systematic changes headed straight at us and anticipated questions and issues that would rain down upon us.   Northey predicted a world of Audiology survivors and losers,  advised Audiologists to look beyond hearing aids for survival strategies, and gave Audiologists common-sense recommendations which we…

Read More
http://www.servicesource.com/blog/cloud-services-deja-vu/

Audiologists Get That Strange, Queasy Feeling

Tom Northey’s  14-year-old discussion of the future of Audiology continues today with a look at his Recommendations for Audiologists. In 2000, he predicted a world of Audiology survivors and losers and advised Audiologists to start thinking beyond hearing aids as a primary survival strategy.  Easy to say not so easy to do. Last post finished on a…

Read More