Posts Tagged: Florida

Exploited Legal Loopholes – Oh My!

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

What a con! Free windshield replacements in Florida parking lots! And it is costing insurance companies millions of dollars, which then trickle down as higher rates for the consumer. Questions: Source: Tan, E. (2023). How Florida’s ‘unscrupulous’ auto glass shops fuel an insurance crisis. The Washington Post, Nov. 12 (Retrievable online at https://www.washingtonpost.com/business/2023/11/12/auto-glass-florida-insurance)

Piece-Rate Work or Overtime Violations

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According to the Miami Herald, a Florida air-conditioning company has been taken to court for the seventh time since 1995 for failing to pay its employees what they are owed. Questions: What is the name of the company and where are they headquartered? What Act have they violated? What agency brings forth the violation suit?… Read more »

Snowbirds are not the only ones seeking the sun!

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According to Forbes, firms are leaving California and New York in droves and opting for Florida, where the weather is warmer and taxes are lower. Questions: What are some of the factors leading to this super-charged Florida boom? What specific factors are associated with high density states like New York, Connecticut, New Jersey, Illinois, and… Read more »

Amusement and Theme Park Woes

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During 2020, amusement and theme parks have reduced operating days, slashed ticket prices, and closed early for the year because of lower-than-hoped attendance. Questions: In what state have theme and amusement parks been closed since mid-March? What was one of the most surprising issues in the article? Which park has ” social distance squads”? Source:… Read more »

A Three-Hour Tour – But Not Gilligan’s Island

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Barbara Carroll’s quick trip to the bank turned into a nearly three-hour ordeal after a Wells Fargo branch accused the 78-year-old black woman of forgery. Questions: 1. How many forms of identification did Ms. Carroll have to show? 2. Why is Ms. Carroll suing the bank and why does she want a jury trial? 3…. Read more »

The Clock is Ticking!

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A new legal quirk could bring a surreal ending to foreclosure casess around the country; the debtors may get to keep their homes without ever having to pay another dime. Questions: 1. Why might tens of thousands of homeowners who have missed more than five years of mortgage payments get to keep their homes without… Read more »