Google and New Mexico

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

According to the New York Times, a federal lawsuit against Google for violation of child online privacy was dismissed. Questions: Why was the lawsuit dismissed? What Act did New Mexico fail to prove violation by Google? What was the issue that brought the case to course? Source: Wakabayashi, D. (2020). New Mexico’s privacy lawsuit against… Read more »

Suit without merit?

Posted by & filed under Accounting Principles, Auditing, Cost Accounting, Financial Accounting, Intermediate Accounting, Managerial Accounting, Video Updates.

A $5 million suit was filed in Federal court alleging that Starbuck’s is deceiving customers by filling drinks with too much ice. Questions: 1. Based on the allegation, do you think that Starbuck’s should report the lawsuit as a contingency in their upcoming annual report? Why or why not? 2. Besides claiming that too much… Read more »