Posts Categorized: Ethical Dilemma

The Giving Season is Always Open Season for Fraudsters

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Behavioral and Social Issues Related to Accounting, Ethical Dilemma, Financial Accounting, Fraud Accounting, Uncategorized.

According to New Jersey Advance Media, a Burlington County, N.J. man, Mark D’Amico, 42, and his then-girlfriend admitted setting up a GoFundMe page, based on a lie about a helpful homeless man, and ultimately bilked online givers out of $400,000. Questions: What did D’Amico and his girlfriend use the money for? The page said that… Read more »

Be Sure to Leave Santa a lot of Milk (and Cookies) and Dairy Farmers will Thank you!

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

According to the Business Insider, for years, the US government has supported the dairy industry to encourage production, but the rising costs and falling returns have forced some farmers to ditch cows altogether. Questions: What happened to milk prices during the Great Depression? What did the government do to make sure keep milk prices high… Read more »

Twitter CEO steps down

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Behavioral and Social Issues Related to Accounting, Cost Accounting, Ethical Dilemma, Financial Accounting, Intermediate Accounting, Managerial Accounting, Uncategorized.

According to the Washington Post, Twitter CEO Jack Dorsey announced his resignation from the social media giant. Questions: How did the CEO of Twitter, Jack Dorsey, announce his departure and was it expected? Who did Mr. Dorsey put in charge? When Mr. Dorsey announced this, what happened with the stock market and the employees at Twitter?… Read more »

You’d better have the Big Bucks to Move to Austin!

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Behavioral and Social Issues Related to Accounting, Cost Accounting, Ethical Dilemma, Financial Accounting, Intermediate Accounting, Managerial Accounting, Uncategorized.

According to the New York Times, Austin, Texas has now surpassed It has the hot housing markets in Boston, Miami and New York City. But, how did Austin become one of the least affordable cities in America? Questions: What was the average number of new residents moving to the Austin every day in 2020? What… Read more »

These Shoes are Pieces of Garbage!

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

According to the IndiaTimes.com, this is a sustainability concept on steroids! Questions: What is the concept behind this already profitable startup? How old is its founder and where is the startup located? Would you buy this product? If you were the accountant advising this company, what would be your main concerns? What is the company… Read more »

If You Build It, They Will Respond

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Behavioral and Social Issues Related to Accounting, Cost Accounting, Ethical Dilemma, Financial Accounting, Intermediate Accounting, Managerial Accounting, Uncategorized.

According to Leonardo Matignas, it’s time to build boards of directors in a “future-fit” direction. Questions: According to an EY survey, what percentage of CEOs around the world agree that public opinion will become as important to companies as their investors in the next five to 10 years?  At the same time what percentage of… Read more »

High Costs to Comply with Sales Taxes

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Behavioral and Social Issues Related to Accounting, Cost Accounting, Ethical Dilemma, Financial Accounting, Income Taxes, Intermediate Accounting, International Accounting, Managerial Accounting, Uncategorized, Video Updates.

According to a new survey as reported by Accounting Today, midsized businesses spend 163 hours per month on sales tax compliance, typically costing more than $17,000. Questions: Which industry had the highest total estimated costs per month? What percentage greater in the amount of time was spent by the retail industry as compared to the manufacturing… Read more »

Unionization at Amazon?

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Behavioral and Social Issues Related to Accounting, Cost Accounting, Ethical Dilemma, Financial Accounting, Income Taxes, Intermediate Accounting, Managerial Accounting, Uncategorized.

According to the Washington Post, workers at an Amazon warehouse in New York’s Staten Island have launched a union drive in an ambitious bid to organize one of the world’s largest employers. Questions: How many locations would have an employee vote to unionize at Amazon warehouses? During the coronavirus pandemic, by what percentage have Amazon’s… Read more »

What are Amazon’s Worst HR and Accounting Problems and Why?

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Behavioral and Social Issues Related to Accounting, Cost Accounting, Ethical Dilemma, Financial Accounting, Financial Statement Analysis, Intermediate Accounting, Managerial Accounting, Uncategorized, Video Updates.

According to the New York Times, a knot of problems with Amazon’s system for handling paid and unpaid leaves has led to devastating consequences for workers. Questions: According to the article, by what percentage had Tara Jones been underpaid by her Amazon warehouse job on one paycheck? What are some of the problems that have… Read more »

Bitter Sugar in the South Dakota Tax Haven

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Behavioral and Social Issues Related to Accounting, Cost Accounting, Ethical Dilemma, Financial Accounting, Intermediate Accounting, Managerial Accounting, Uncategorized.

According to the Washington Post, money has flowed from the sugar fields of the Dominican Republic to the burgeoning tax haven of South Dakota. Questions: What company does the article refer to? What have been the allegations against these sugar producers and what do these allegations have to do with the tax haven story? How… Read more »