Posts Categorized: All Articles

During Trump Times

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

According to the New York Times, the world currency that has gained the most since Donald J. Trump’s inauguration as president is the Mexican peso. Questions: 1. How much has the peso gained since the day that President Trump was inaugurated? 2. How much did the peso plunge on the day that President Trump was… Read more »

YouTube in Hot Water!

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According to the New York Times, there is an expanding advertising boycott of YouTube. This is due to big-spending companies’ doubt about Google’s ability to prevent marketing campaigns from appearing alongside repugnant videos. Questions: 1. Who are some of these companies and what type of content are they finding offensive? 2. Approximately how many hours… Read more »

Detainees for Profit

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Libre, a for-profit company whose name means “free” in Spanish, is charging immigrants who sign contracts $420 per month for their freedom while wearing the company’s GPS devices. The company is now subject to a number of lawsuits and allegations of fraud by immigrants. Questions: 1. Do you think a company should be allowed to… Read more »

LSAT or GRE?

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For 70 years, the LSAT has been a rite of passage to legal education, at Harvard, as well as other law schools. However, beginning this fall, Harvard Law School will allow either the Graduate Record Examination or the Law School Admission Test for applicants. Questions: 1. Why is the GRE being considered instead of the… Read more »

Really?

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Commonly called “pay-to-stay” or “private jail,” at least 26 jails in Los Angeles and Orange counties are opening their doors to defendants who can afford the option. This is evolving into a two-tiered justice system that allows people convicted of serious crimes to buy their way into safer and more comfortable jail stays. Questions: 1…. Read more »

Investing In the Name of Christian Values?

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Two new exchange-traded funds offer a “biblically responsible” investing approach by explicitly saying in their regulatory filing that they will avoid buying shares in companies that have “any degree of participation in activities that do not align with biblical values.” According to the New York Times, this includes what they call the lesbian, gay, bisexual… Read more »

From White House to the Big House?

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It was only a week ago that President Donald Trump was praising Caterpillar Co. for producing such great bulldozers, as he met with company Chairman Doug Oberhelman at the White House. Less than a week later, officials from the Commerce Department, Internal Revenue Service, Federal Deposit Insurance Corp. and Illinois State Police moved in and… Read more »

More Bad Uber Press

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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?

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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 »