Hillel M. Maximon
professor
Accounting and Control
IESE Business School Universidad de Navarra
Spain
Biography
With more than thirty years experience as a professor and researcher; consultant and manager; author and case-writer, Hillel melds his academic experience with real world examples dynamically merging theory with practice. His passion is for explaining complex concepts to diverse audiences - from PhDs to high school students; from faculty to business students; and from judges to law students - making accounting relevant yet entertaining. He received the Best Teacher Award in Rutgers University's Professional Accounting Program, and was inducted into their Hall of Fame of Great Teachers. Hillel Maximon has taught in a number of leading business schools receiving consistently high ratings from graduate students and business executives. His expertise is in financial accounting, real estate finance, and the time value of money - and he has been cited by the Canadian Supreme Court and the Accounting Education Change Commission for his work and contribution. He teaches Financial Accounting (Introductory, Intermediate, and Advanced), financial statement analysis, Management Accounting (Cost and Control), and Real Estate Finance; in MS, MBA, Executive MBA, Careers in Business, and Law School programs.
Research Interest
Areas of Interest * The conceptual framework of financial accounting * Real estate finance * Valuations; and the time value of money
Publications
-
This is a case study based on the much-heralded movie, "Other People's Money." In summary, the story is about how different parties view and pursue the same business. Imagine standing before you the statuesque, articulate and regal Mr. Andrew Jorgensen (played by Gregory Peck) and the pretentious, derisive and totally unappealing Mr. Lawrence Garfield (played by Danny DeVito). Both men make their pitches, in the competition for ownership and control of the New England Wire & Cable company.
-
With few exceptions, media executives are not CFOs. Many are probably like the CEO of a radio and television station who said that, when it comes to financial matters, he generally leaves it to other people. But he wonders: "If they don't tell me the whole story, would I know enough about the financial performance of the company?" This brief chapter can't cover all there is to know about financial accounting. But it covers the key points for non-accountants to grasp, so they will be able to read financial statements and know the right questions to ask.
