8% of India’s total energy use is spent to power ceiling fans. India is a country of 1.4 billion people, and I can’t image the total cost to power all those fans. Tony Fadell quoted this stat here. Most of us wonder about the amount of money we’re spending, and…

Who knew that Thomas the Tank Engine could stir up so many problems? Mattel, the owner of the toy brand and PwC, Mattel’s external auditor, did not take proactive steps to correct an accounting error. The company and the auditor have paid a heavy price. This excellent article from the…

What Mattel’s Accounting Mistake Teaches Us About Material Weakness and Deferred Taxes Who knew that Thomas the Tank Engine could stir up so many problems? Mattel, the owner of the toy brand and PwC, Mattel’s external auditor, did not take proactive steps to correct an accounting error. The company and…

“Experience is what you get when you don’t get what you want.” That quote is attributed to Randy Pausch. I highly recommend his TED Talk that is referred to as The Last Lecture. Pausch, a college professor, gave the talk when he was dying of cancer. I’ve always said that…

It seemed like an ordinary business day…. In 1997, I was working on a project that required me to fly from St. Louis (my hometown) to Milwaukee each week for about six months. …