Would you Take a Chance on Fyre Festival 2?

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

According to the New York Times, Billy McFarland is out of jail and selling tickets to Fyre Festival 2. Questions: Bernstein, J. (2022). Billy McFarland Is Out of Jail and Ready for His Next Move. The New York Times, September 14 (Retrievable online at https://www.nytimes.com/2022/09/10/fashion/billy-mcfarland-release.html) Zahn, M. and L. Barr. (2023). Fyre Festival 2 tickets… 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 »