Posts Categorized: Video Updates

The Naming of “Meat Grown in a Lab”

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.

The name of “meat grown in a lab” has not yet been decided by regulators, but has sparked a war of words between animal rights advocates and cattle ranchers. Questions: 1. What is the problem with calling it “Clean Meat”? 2. What has the U.S. Cattlemen’s Association done to eliminate problems for its producers in… Read more »

Move along now, no data here.

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.

Mick Mulvaney, the acting head of the Consumer Financial Protection Bureau (CFPB), told bankers that he is not required to post data on banking institutions that violate the rules or receive significant complaints. Questions: 1. Do you agree with the removal of these types of data from the government websites? Why or why not? 2…. Read more »

A Not-for-Profit Billion Dollar Business

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As the incident of the recent separation of some 2,300 migrant children from their families unfolded, we learned that the nonprofit, Southwest Key Programs, won more than $1 billion in federal contracts since 2015 to run shelters and/or provide other services to immigrant children in federal custody. Questions: 1. About how many contractors operate more… Read more »

A Toast to Howard Schultz – Coffee That Is!

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Howard Schultz is stepping down as executive chairman and member of the Board of Directors of Starbucks and will be honored with the title of chairman emeritus effective June 26, 2018. Questions: 1. How long has he been CEO and Chairman? 2. Briefly summarize what his tenure has meant for the company? 3. What is… Read more »

Remember: First Jobs Matter

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Underemployment may be far more widespread than we have imagined — affecting up to 43 percent of recent graduates, according to new report and it turns out that underemployment can mark the first steps to a permanent professional downturn in career opportunities. Questions: 1. According to the article, what do the data show about the… Read more »

Legalized Wage Theft?

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According to Huffington Post, the burrito chain, Chipotle’s, has asked the Supreme Court to exclude 2,814 workers from a massive wage theft lawsuit because they signed mandatory arbitration agreements. Questions: 1. At the heart of this dispute, how many people who have worked for the burrito chain joined a 2014 lawsuit alleging the company systemically… Read more »

Flight of the Bumble Bee

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According to the Associated Press, U.S. prosecutors filed a criminal charge against the CEO of Bumble Bee Foods as part of an ongoing investigation into price fixing in the packaged seafood industry. Questions: 1. During what period did the firm allegedly conspire with others in the industry to eliminate competition by setting prices for canned… Read more »

Sports Betting in All States!

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According to the New York Times, The Supreme Court struck down a federal law that effectively banned commercial sports betting in most states, boosting the prospect of such gambling across the nation. Questions: 1. Who are the winners in this decision? 2. Who are the losers in this decision? 3. According to the article, what… Read more »

Now you see it, now you don’t…Presto!

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According to Axios, there was a 17% drop in international students in the U.S. last year, mostly due to the 28% decline in Indian students and a 24% decline in Chinese students receiving visas. Questions: 1. Is the trend in international students attributable to President Trump’s immigration policy changes and rhetoric? Explain. 2. What are… Read more »

Did you know that Amazon Prime was going to rise to $119 a year?

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

According to the Washington Post, Amazon is justifying Prime’s 20 percent price hike, to $119 a year, by saying it is more a valuable service than when the fee last rose four years ago. Questions: 1. How many Amazon customers are Prime members? 2. What did the article (April 27) offer as alternatives or ways… Read more »