Posts Tagged: Cost accounting

Does This Situation Seem to be Ethically Correct During a Pandemic?

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.

  HCA Healthcare, one of the world’s wealthiest hospital chains, earning more than $7 billion in the past two years and worth $36 billion, paid its chief executive $26 million in 2019. However, as the pandemic spread across America, HCA did not provide adequate protective gear to medical staff, froze wages for nurses, and has… Read more »

First-Class Travel Has Never Been So Good, For Those Who Can Afford It!

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

Though first class represents less than 5 percent of all seats flown on long-haul routes, and business class accounts for 15 percent, those seats combined to generate 40 to 50 percent of airlines’ revenue, according to Peter Morris, the chief economist at Ascend, an aviation consulting firm. After its merger with Continental last year, United… Read more »