This Year’s Large-Scale Layoffs and Their Companies

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, Managerial Accounting, Uncategorized.

According to the Washington Post, some of the deepest cuts have occurred in the tech and media sectors such as Microsoft, Amazon, Salesforce, HP, and the parent companies of Google and Facebook. Questions: Source: Mark, J., H. Shaban, A. Gregg, and J. Bogage. (2023). These are some of the notable companies laying off workers. The… Read more »

Tik Tok Sues the U.S.

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

Tik Tok sued the U.S. government for the policy of the Trump Administration that deprives it of its due process of blocking the app from operating in the country. Questions: Where was the lawsuit filed? What was the other app besides Tik Tok that Trump issued a ban against? How many workers does Tik Tok… Read more »

What were these guys thinking?

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, Uncategorized.

According to the Washington Post, two Southwest Airlines pilots allegedly hid a camera in a plane’s lavatory and live-streamed the video to an iPad mounted on the windshield of the cockpit aboard a flight, according to a lawsuit filed by a flight attendant. Questions: What type of suit is this? When did this incident happen?… Read more »

Is this a good idea?

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, Income Taxes, Intermediate Accounting, Managerial Accounting, Uncategorized.

According to the New York Times, one of the largest active construction projects in the United States will produce more than 1 million tons of plastic a year and is operated by Royal Dutch Shell near Pittsburgh. Questions: Where will pipelines for the plant be stretched and how many freight cars does it expect to… Read more »

Legalized Wage Theft?

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

According to Huffington Post, the burrito chain, Chipotle’s, has asked the Supreme Court to exclude 2,814 workers from a massive wage theft lawsuit because they signed mandatory arbitration agreements. Questions: 1. At the heart of this dispute, how many people who have worked for the burrito chain joined a 2014 lawsuit alleging the company systemically… Read more »