A Solution for Legal Cannabis Cash?

Posted by & filed under Accounting Information Systems, Accounting Principles, All Articles, Auditing, Cost Accounting, Financial Accounting, Intermediate Accounting, Managerial Accounting.

Of the more than 7,600 banks and credit unions in the U.S., only about 220 accept cannabis cash, according to the Department of the Treasury. Questions: 1. If Anthony Rivera Jr. accomplishes his goal, who will be the bankers for legal cannabis cash? In your opinion, is this a good idea? Why or why not?… Read more »

Watch Out! They Know Where You Live!

Posted by & filed under Accounting Information Systems, Accounting Principles, Cost Accounting, Financial Accounting, Financial Statement Analysis, International Accounting, Managerial Accounting, Video Updates.

Eric Merklein, 67, didn’t know he had outstanding student debt until he received his first Social Security check. He thought that his grandmother had paid it off. Unfortunately, Merklein is among the more than 2 million Americans age 60 and older carrying student debt, which is up from about 700,000 in 2005. Questions: 1. What… Read more »