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!

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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

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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

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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?

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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?

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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

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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 »

A New Way to Pay Less Tax (if you are rich).

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According to the New York Times, opportunity zones appear to be providing new ways for the wealthy to cut their tax bills rather than to the direct money to people who live in designated zones.  Questions Often, advertising combines opportunity zones tax breaks with other tax breaks. What are some of these? How many opportunity zones… Read more »

Have stolen money? London may be the place to put it!

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, Fraud Accounting, IFRS, Income Taxes, Intermediate Accounting, International Accounting, Managerial Accounting, Uncategorized, Video Updates.

According to Nicholas Shaxson, the City of London is hiding the stolen money of the world. Questions: What is the name of the new data leak exposing financial dealings by more than 330 politicians and public officials from over 90 countries and territories? In your own words explain why the offshore financial ecosystem is so… Read more »

What do you know about ESG reporting?

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 Reporting and Analysis, Financial Statement Analysis, Intermediate Accounting, Managerial Accounting, Uncategorized.

According to Accounting Today, professionals in accounting and finance are confronting big obstacles when it comes to environmental, social and governance (ESG) reporting. Questions: According to the Financial Executives International’s Financial Education & Research Foundation survey, what percentage of the chief accounting officers and controllers polled had not yet started to integrate ESG reporting with their… Read more »