Carlson
What Minneapolis neighborhood is the Carlson School of Management located in?
What is the West Bank?
This professional designation is commonly pursued by accountants working in audit or tax.
What is CPA?
GAAP stands for this.
What is Generally Accepted Accounting Principles?
In this Oscar-winning film, Ben Affleck plays a math genius who works as a forensic accountant by day and something much darker by night.
What is The Accountant?
“I’m lovin’ it.”
What is McDonalds?
The Carlson School is named after this famous businessman.
Who is Curt Carlson?
This U.S. government agency is responsible for enforcing securities laws and requiring public companies to file financial statements.
What is the SEC?
This financial statement shows a company's assets, liabilities, and equity.
What is the balance sheet?
This fictional paper company gave many future accountants unrealistic expectations about workplace drama.
What is Dunder Mifflin?
“Like a good neighbor, _____ is there.”
What is State Farm?
This is the name of the Carlson undergraduate study body organization representing all majors.
What is the Carlson School Business Board?
This three-letter acronym refers to an internal system used by companies to detect and prevent fraud and ensure accurate financial reporting.
What is an ICS (Internal Control System)?
This principle requires accountants to record revenue when it is earned, not necessarily when cash is received.
What is the revenue recognition principle (or accrual accounting)?
The word “audit” comes from this Latin word meaning “to hear,” referring to the practice of listening to financial records being read aloud.
What is audire?
“The best part of wakin’ up is _____ in your cup.”
What is Folgers?
In 2023, Carlson ranked in the top 25 nationally for this undergraduate major, known for its rigorous curriculum and CPA prep.
What is Accounting?
This standard-setting body oversees the creation of auditing standards for private companies in the U.S.
What is the AICPA (American Institute of Certified Public Accountants)?
This contra-asset account reduces accounts receivable.
What is allowance for doubtful accounts?
The "Big Four" isn't just for accounting - it also refers to the four major fashion weeks in these cities.
What are New York, London, Milan, and Paris?
“Give me a break, give me a break, break me off a piece of that _____.”
What is Kit Kat?
This Carlson program lets students work on real consulting projects for companies like 3M, Best Buy, and Medtronic.
What is the Carlson Enterprise Program?
This accounting method, used especially in construction and long-term contracts, recognizes revenue and expenses proportionally over time.
What is the percentage-of-completion method?
This principle requires accountants to record revenue when it is earned, not necessarily when cash is received.
What is the going concern assumption?
This ancient civilization used clay tablets to record transactions, making them some of the earliest known accountants.
What is Mesopotamia?
“Five… five dollar… five dollar footlong.”
What is Subway?