Sad…..

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Ethical Dilemma, Financial Accounting, Intermediate Accounting, Managerial Accounting, Uncategorized.

As the coronavirus pandemic is affecting jobs across the country, ZipRecruiter announced that it will be cutting a large amount of jobs. Questions How much of its workforce is ZipRecruiter cutting? Discuss the timing and why this is so ironic? Where is ZipRecruiter headquartered? Source Morris, M. (2020). $1.5 BILLION ZipRecruiter just laid off hundreds… Read more »

Who can you trust?

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According to the New York Times, L Brands (the parent company for Victoria’s Secret and Bed, Bath & Beyond) has somehow avoided the messy board scrutiny of cronyism and time devoted to gender misconduct and sexual harassment training. Instead, the company has focused on the practice of retaliation against those alleging sexual harassment complaints. Questions:… Read more »

Barista Class a Hit

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According to the New York Times, a barista class program started in 2017 at the island’s women’s facility was such a hit that the New York City Department of Correction (Rikers Island) expanded it to include 18-to-24-year-olds and convicted adult men.  Questions: How long is the class? What is the purpose of the class? Each… Read more »

Ghosn Update

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According to the New York Times, Carlos Ghosn, former automobile CEO who proclaims his innocence, was aided in his escape from Japan by an American security consultant on a Turkish chartered jet. Questions: Who was the American security consultant? How did MNG Jet, the charter company, allow Ghosn on the plane? After Ghosn got to… Read more »

Is Paid Family Leave Evolving?

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The U.S. remains the only industrialized country that doesn’t guarantee workers paid family leave. Questions: What pressures on U.S. employers are causing them to expand benefits in order to attract and retain workers? What are some of the increasing trends to cover things that plague families beyond parental leave? According to the Bureau of Labor… Read more »

A $3.4 Million Loss To Keep Things Quiet

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After Bishop Michael J. Bransfield was banished from his post as head of the Catholic Church in West Virginia, the church-owned residence he had lived in was put up for sale. Questions: Why do you think the diocese was willing to take a $3.4 Million Loss? Why do you think that the diocese did not… Read more »

$420 a reality

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Elon Musk has implied that the $420 stock price he floated for taking Tesla private was not a covert reference to weed, contrary to widespread speculation. Questions: What number is a widely recognized coded reference to marijuana and why? Which media outlet interviewed Elon Musk when he mentioned the 420? Based on past news items… Read more »

Bernie Ebbers Gets Out Early

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According to Accounting Today, Bernie Ebbers, infamous for the World Com fraud was granted early release for health reasons. Questions: What is the First Step Act and why did the author think that this had a bearing on the case? How long had Bernie Ebbers served? When MCI went bankrupt as a function of the… Read more »

Change in Management

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According to the New York Times, Boeing fired its chief executive officer, Dennis A. Muilenburg, on Monday after investors became weary of Muilenburg’s clumsy handling of the 737 Max crisis that angered lawmakers, airlines, regulators, and victims’ families. Questions: Who is going to replace Muilenburg? When do the Boeing Board and Washington insiders typically meet… Read more »

HALTED!

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According to the Washington Post, Boeing will halt production of its new 737 MAX commercial jetliner in January 2020. Questions: How long will the production halt last? How many employees will be laid off? How much is it estimated that the entire U.S. gross domestic product for a period this year has been impacted by… Read more »