Posts Categorized: Uncategorized

Google checking accounts

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

According to the Washington Post, Google plans to add checking accounts from Citigroup and a credit union to its Google Pay digital wallet in 2020. Questions: What is Google Pay? Who is Google currently working with to push its finance arena? How many banks already offer transactions via Google Pay in the U.S.? Source: Anderson,… Read more »

Hacked and Sold

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

According to a ZDNet investigation, hackers commandeered user accounts for Disney Plus’ new streaming service. As a result, hackers locked users out, changed authorization log-ins, and sold the hacked accounts for as little as $3 each. Questions: Does this happen with other streaming services? If so, what are some of the other services mentioned? What… Read more »

The Value of Virtual Reality in Business

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

According to BusinessInsider.com, virtual reality (VR) has been historically associated with consumer-facing gaming, but it’s been gaining traction in companies lately. Questions: According to the article, what companies are actively using VR? How are they using it? How has this driven up the revenue from the hardware and software of VR? What other sources can… Read more »

Choices in Personal Finance are Changing

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

According to BusinessInsider.com, married millennials and Gen Xers are keeping their finances separate from their partner much more often than married baby boomers, and it shows that younger generations are thinking about marriage and finances differently. Questions: What do you think are some of the biggest reasons that millennials and Gen Xers are keeping their… Read more »

Corporate Tax Reinvestment – Myth or Fact?

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, Uncategorized.

According to the New York Times, FedEx, like much of corporate America, has not made good on its promised investment surge from President Trump’s 2017 tax cuts. Questions: How much did FedEx owe in taxes the year before the Trump 2017 tax cuts? What does the trend show about companies with the biggest tax cuts… Read more »

Amazon spent $1.5 million and lost

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.

According to the Washington Post, Amazon put $1.5 million toward Seattle City Council races this cycle, via a business-interest group to support an opponent of that spent nearly half a million dollars in support of Kshama Sawant, who has pledged to raise taxes on the retail giant. In the end, Amazon lost the race. Questions:… Read more »

Big Business Bust

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

This week, Aventura Technologies in Long Island, allegedly tried to conceal the fact that Chinese-made surveillance and security equipment were made in America. Questions: Agents from which bureaus raided the company? How long has the scheme been going on and how does that compare to the ACFE’s average time for this type of fraud? Who… Read more »

Project Nightingale

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

According to Business Insider, the Wall Street Journal reports that Google has teamed up with the hospital system Ascension to collect personal health information on millions of Americans, as part of Project Nightingale. Questions: For you, what is the most troubling issue related to this story? Can you explain how it would be possible for… Read more »

A Piece of the Moon…….?

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

Rogue Creamery, which took the top prize at the World Cheese Awards with its Rogue River Blue produced in Oregon, has seen sales and interest jump. Questions: Which countries won this honor for the two years prior to this year? Where are the World Cheese Awards judged? How much are Rogue Creamery’s sales up since… Read more »

The End of Another Department Store Icon

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

According to the New York Times, the end of Barney’s, the famed department store, involved executives crisscrossing the globe, all-night strategy sessions, last-minute alliances, and attempts to sway public opinion. However, all these attempts led to bankruptcy. Questions: What happened to Barney’s in bankruptcy court? How many full-time employees will be affected? Gene Pressman, a… Read more »