Posts Categorized: Video Updates

Shopping Life Changes During the Coronavirus Pandemic

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

Nationwide, many stores are closing an hour earlier than regular closing times “to allow employees to clean and restock store shelves, as well as for their health and wellbeing.” Questions: Besides closing early, what are some stores doing? What is Dollar General encouraging their shoppers to do? What types of stores were primarily highlighted in… Read more »

A Tesla Perspective

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 BusinessInsider.com, Tesla stock is still overpriced despite a 40% reduction due to the coronavirus. Questions: According to Sacconaghi, why is Tesla stock so vulnerable? What is a realistic baseline valuation for the stock? Explain Saconaghi’s statement: ” Tesla stock remains high enough that it takes very aggressive assumptions on its future auto business… Read more »

I Smell a Bailout – Maybe for some?

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

According to Bloomberg, many airlines have been driven into a technical bankruptcy or they have substantially breached debt covenants already.  Questions: Explain why the debt covenants are characteristic of the airline industry. 2. The article talks about steps that have been already taken by some airlines as they are depleted of cash. What are some… Read more »

Planning Ahead: Kroger’s Limit of 5

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

According to BusinessInsider.com, Kroger said it was limiting orders of some items to “due to high demand and to support all customers.” Questions: Kroger’s is the largest supermarket chain in the U.S. How many stores does it have? Which type of orders does the limit of five apply to? Do you think this is a… Read more »

Money in Used Sneakers!

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.

Ryan Fresen is a sneaker reseller who said he brought in around $110,000 in profit in 2019 from the business he runs out of his bedroom. Questions: What are key factors in Ryan Fresen’s success? How does Fresen typically sell his sneakers? What does Fresen typically use to organize his business? Has Fresen had his… Read more »

Watch Out!

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 BusinessInsider, apps like Edison, Cleanfox, and Slice are taking your email information and selling it for profit. Questions: What type of information are the apps targeting? What do the third-party companies that buy the data use it for? Commercial emails in inboxes are scanned for what type of data? Source: Holmes, A. (2020)…. Read more »

Bernie Ebbers, the Telecom myth

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

According to the New York Times, the former chief of WorldCom, convicted in one of the largest corporate accounting scandals in U.S. history, died yesterday, just over a month after his early release from prison. Questions: What happened to World Com in 2002? How long was Ebbers sentence and what were the allegations against him?… Read more »

Everything Old becomes New Again

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, General Motors said that it was investing $2.2 billion in a Detroit plant where it will produce all-electric trucks and sport utility vehicles, fulfilling a key promise made during last year’s union negotiations. Questions: What other efforts are afoot in Detroit to reinvigorate Detroit, the legacy center of the… Read more »

A four-day work week at fast-food and other restaurants

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 BusinessInsider.com, Shake Shack has rolled out a four-day workweek for managers at a third of its locations. Questions: What other chain restaurant CEOs interviewed in the article see labor as its biggest challenge? What other benefits are being tested by some chains to retain and attract good employees? Discuss. What is the domino effect… Read more »

Netflix studios on a roll!

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

After capturing the most 2020 Oscar nominations of any studio, Netflix stock is trading up 3.5%. Questions: Which film received the most nominations? Between Netflix movies and original series, how many total Oscar nominations did Netflix receive? How does this compare with its Golden Globe awards? According to Bloomberg data, what is the consensus price… Read more »