Will your digital brain let you slow down?

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, Auditing, Cost Accounting, Financial Accounting, Financial Reporting and Analysis, Financial Statement Analysis, Fraud Accounting, IFRS, Intermediate Accounting, International Accounting, Managerial Accounting.

What are the consequences of reading with the interactivity of the Internet? Researchers warn that people seem to be developing digital brains with new circuits for skimming through the torrent of information online and this is actually competing with our traditional deep reading circuitry. Questions: 1. How do you think that this could impact auditors… Read more »

Private Student Loan Changes

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, Auditing, Cost Accounting, Financial Accounting, Financial Reporting and Analysis, Financial Statement Analysis, Fraud Accounting, IFRS, Intermediate Accounting, Managerial Accounting, Video Updates.

With over 90 percent of private loans being co-signed, the Consumer Financial Protection Bureau (CFPB) is urging private lenders to ease automatic default rules on student loans. Complaints have risen dramatically within the last five months concerning the trigger of a default when a co-signer of a student loan dies or declares bankruptcy, even if… Read more »

Antitrust Hiring Suit Settlement by Technology Companies

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, Auditing, Cost Accounting, Financial Accounting, Financial Statement Analysis, Fraud Accounting, Intermediate Accounting, Managerial Accounting.

Approximately 64,000 engineers won a victory over their technology companies, but did not win much money. At issue, a class action suit claimed, was an agreement by the four technology giants – Google, Intel, Adobe and Apple – not to poach each others’ employees. The engineers argued that this private old boy’s network agreement caused… Read more »

Here’s a Warning for Dog Lovers!

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Cost Accounting, Financial Accounting, Financial Reporting and Analysis, Intermediate Accounting, Managerial Accounting, Video Updates.

Over approximately the last seven years (or 2,643 days), at least 600 dogs have died and thousands of others have been sickened by jerky treats. However, while the FDA has warned against this apparent link, the culprit has remained largely a mystery. Questions: 1. Have the illnesses only affected dogs? Why is the FDA limited… Read more »

When will paper records be a thing of the past at Iron Mountain?

Posted by & filed under Accounting Information Systems, All Articles, Cost Accounting, Managerial Accounting, Video Updates.

There are 600 employees of the federal government’s Office of Personnel Management processing retirement papers of the government’s own workers deep down in a limestone mine in Boyer, PA. No, this is not a joke or prank. The operative word here is “paper.” The old mine’s tunnels have room for more than 28,000 file cabinets… Read more »