More Bad Uber Press

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, Video Updates.

According to the New York Times, over the last several years, Uber has engaged in a worldwide program of deceit aimed at keeping authorities in the dark regarding markets where the low-cost ride-hailing service violated regulations or avoided laws. This has occurred through actually banning ridership for authorities. Questions: 1. How did they accomplish this… Read more »

Cheap Drinks?

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McDonalds is trying to mix it up. No all-day breakfast but cheap drinks. Will it work? Questions: 1. What are the profit margins on drinks? 2. Who is McDonalds’ CEO? How long has he been there? 3. When does the drink promotion begin? 4. What is happening in the fast-food restaurant industry overall in terms… Read more »

Who is watching you and why?

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

A number of companies have entered living rooms in recent years, emerging with new, granular ways for marketers to understand how people are watching television and, in particular, commercials. Questions: 1. Why has the appeal of this information increased? 2. How do they do this? 3. How much do companies spend on TV ads in… Read more »

If you have no credit score, is that a good thing?

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

According to the New York Times, about 45 million Americans lack traditional credit files. Now the federal government is investigating whether alternative credit scoring models could bring more of these consumers into the financial mainstream. Questions: 1. Which agency of the government is interested in the phenomenon of using alternative credit data? 2. Who created… Read more »

Helping with the Rent?

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

Almost half of people in their early 20s have a secret, one they don’t usually share even with friends: Their parents help them pay the rent. Questions: 1. What is the average amount that about 40% of 22, 23, and 24 year-olds receive from their parents, to help with the rent? 2. How do career… Read more »

Election Day A Holiday?

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

According to this article, lawmakers in California have introduced a bill into the State Assembly aimed at increasing voter turnout by making Election Day a paid holiday. Questions: 1. What would be the costs of this bill? Also provide any accounting journal entries that might be required. 2. What would be the benefits of this… Read more »

Denied Healthcare Coverage? Maybe you should check with your FitBit?

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

Healthcare companies have increasingly offered cash promotions and discounts to users who provide their Fitbit data. But could this be used by insurers rather than to improve customer health? Questions: 1. In what types of negative ways could this data be used, according to the article? 2. What issues in Congress could promote the negative… Read more »

Who is watching the watchers?

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According to the FTC, Vizio used 11 million televisions to spy on its customers. The television maker agreed to pay $2.2 million to settle a case with the FTC and the New Jersey attorney general’s office after the agencies accused it of secretly collecting — and selling — data about its customers’ locations, demographics and… Read more »

Mistaken Identity?

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Investors sent shares in a little known startup called SNAP Interactive Inc., ticker STVI, surging 164 percent in the four days since Snap Inc. filed for a $3 billion initial public offering. What is wrong with this? Questions: 1. What industry is SNAP in? 2. Why is it thought that this is a case of… Read more »

If you don’t play, you can’t win!

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

It seems as if young Americans are showing less interest in buying lotto tickets than their parents. As a result, lottery officials worry about the odds for future growth. Questions: 1. What is the current trend seen in lottery buying? Include percentages and demographic information quoted in the article. 2. What are the key reasons… Read more »