Not a Very Magical Kingdom

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

According to the Washington Post, COVID-19 continued to hammer Disney in the final months of 2020, with the company‚Äôs revenue dropping 22 percent over the holiday period and a much smaller profit than usual. Questions Was the revenue better or worse for October to December 2021 than analysts predicted and by how much? What was Disney’s… Read more »

Hacked and Sold

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Income Taxes, Intermediate Accounting, Managerial Accounting, Uncategorized, Video Updates.

According to a ZDNet investigation, hackers commandeered user accounts for Disney Plus’ new streaming service. As a result, hackers locked users out, changed authorization log-ins, and sold the hacked accounts for as little as $3 each. Questions: Does this happen with other streaming services? If so, what are some of the other services mentioned? What… Read more »