Visa Inc.: Accounting for Marketing
(5 pages of text)
A job candidate at Visa Inc., the technology payments company, prepares herself for her interview by considering what she can uncover about the company’s marketing from the published accounts. She analyzes what the company spends money on and how revenue is generated. She considers how marketing is accounted for – specifically, how marketing assets, such as brands, are dealt with on the balance sheet. She considers the relationship between values in the accounts and the market value of the firm, and the problem of brand valuation is discussed. Finally, she tries to understand the impact of accounting treatment on common financial ratios.
This lesson plan can be used in an introductory marketing course to cover issues around the interface between marketing and accounting/finance. It will also work in a marketing and finance elective. It is aimed at an audience of advanced undergraduates and MBAs. This class focuses upon how marketing is accounted for and assumes a basic knowledge of accountancy.
Finance and Insurance
Canada; United States, Large, 2014
$5.30 CAD / $5.00 USD Printed Copy
$4.50 CAD / $4.25 USD Permissions
$4.50 CAD / $4.25 USD Digital Download