Move along now, no data here.

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.

Mick Mulvaney, the acting head of the Consumer Financial Protection Bureau (CFPB), told bankers that he is not required to post data on banking institutions that violate the rules or receive significant complaints. Questions: 1. Do you agree with the removal of these types of data from the government websites? Why or why not? 2…. Read more »

Don’t Mess with the Chef: Bob McDonnell’s downfall

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.

Former Virginia governor Robert F. McDonnell and his wife, Maureen, were charged Tuesday, January 21, with illegally accepting gifts, luxury vacations, and large loans from wealthy Richmond-area businessman, Jonnie R. Williams Sr., in return for special treatment from the state government. Questions: 1. Did McDonnell’s wife commit fraud by accepting the $3,500 refund? Discuss. 2…. Read more »