What’s an NFT?

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Behavioral and Social Issues Related to Accounting, Cost Accounting, Financial Accounting, Intermediate Accounting, Managerial Accounting, Uncategorized, Video Updates.

According to the Washington Post,  a digital collage of hundreds of weird, brightly colored images made by a South Carolina artist known as Beeple sold at the prestigious Christie’s auction for $69.3 million.  Questions: How does this rank among the highest paid art pieces at auction? What is the collage called? What is an NFT?… Read more »

Dead or Alive?

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.

According to Bloomberg and Goldman Sachs Group Inc.’s global head of investment research, the tumble in cryptocurrencies that erased nearly $500 billion of market value over the past month could get a lot worse. Questions: 1. What are some of the signs that Steve Strongin notes about cryptocurrencies that worry him? 2. What was Strongin… Read more »