SEC Looks at Unusual Transactions

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

The Securities and Exchange Commission launched a probe of circumstances surrounding Eastman Kodak (KODK) and a $765 million government loan it received last week to make pharmaceutical ingredients at its U.S. facilities. Questions: What happened to Kodak stock between the announcement of its government loan to make pharmaceutical ingredients and the announcement of the SEC probe? Which… Read more »

Sad…..

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

As the coronavirus pandemic is affecting jobs across the country, ZipRecruiter announced that it will be cutting a large amount of jobs. Questions How much of its workforce is ZipRecruiter cutting? Discuss the timing and why this is so ironic? Where is ZipRecruiter headquartered? Source Morris, M. (2020). $1.5 BILLION ZipRecruiter just laid off hundreds… Read more »