According to Time, the Pentagon overcounted the value of weapons and other equipment sent to Ukraine by roughly $3 billion. Questions: Source: Hennigan, W. (2023) Pentagon Says Multi-Billion Dollar Accounting Mistake Means More Arms Funding for Ukraine. Time, May 18 (Retrievable online at https://time.com/6281063/pentagon-accounting-error-ukraine-arms-funding/)
Posts Tagged: cost
FASB Wraps Up 2020 with FASB Roundtable Discussions
According to Accounting Today, the Financial Standards Accounting Board’s recent roundtable discussions centered on new guidance about lease implementation for public and nonpublic organizations, and what we can expect for non-public implementation next year. Questions: Why didn’t participants at the Sep. 2020 FASB Roundtable want sweeping changes to lease guidance? According to the article, why… Read more »
Turns Out: Low-Tech, Simple and Likely Cheaper Masks are Better in Some Respects
According to the Washington Post, face masks with the coin-sized valves on the front may not be as good at preventing the spread of the novel coronavirus as the seemingly lower-tech, non-valved masks. Questions: Why are the lower-tech masks better at preventing the spread of COVID-19? Do medical masks have the valves? What does the CDC recommend… Read more »