Posts Tagged: employee

Hiring With Higher Wages

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

McDonald’s is raising the hourly wages for its U.S. company-owned restaurants by an average of 10%. Questions: With this new raise at company-owned restaurants, how many workers does McDonald’s purpose to hire? With respect to the restaurant business, in general, why is McDonald’s doing this? What other fast-food restaurant, mentioned in the article and video,… Read more »

“You’re Fired” In A Posting for All to See!

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Ethical Dilemma, Financial Accounting, Intermediate Accounting, International Accounting, Managerial Accounting, Video Updates.

In November 2017, manager, Fox Lui, wanted everyone to know that an employee was leaving the Meitu company because he had fired her, so he blasted her for poor execution and not embracing the company’s “user-first” values in a posting for all to see. Questions: 1. What is Meitu’s main business? 2. What does the… Read more »