Posted by & filed under Accounting Principles, Sustainable Development.

Description: It’s that time of year again: time to have a look at the highlights of the annual Consumer Electronics Show (CES) in Las Vegas. One big breakthrough was a tent with a built-in solar panel, set for mounting on a truck bed, bringing you enough wattage to run a portable refrigerator for 45 hours in your outdoor adventure. Another hit was a zero-emission front-end loader. Less environmentally-friendly were all the plastic Frisbees given away by companies at their booths to advertise their brands to the attendees.

Date:  January 11, 2024



Discussion points:

1) Have you or any of your classmates ever attended the CES?

2) Can you think of a more environmentally-friendly freebie than another plastic freebie?

3) Page 9-29 and 9-30 of Wiley’s Financial Accounting: Tools for Business Decision Making tell us about the accounting rules for determining when expenditures can be capitalized as development costs, as opposed to charging them ass research expenses. What are these rules?

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