Posts Tagged: government contracts

A Not-for-Profit Billion Dollar Business

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

As the incident of the recent separation of some 2,300 migrant children from their families unfolded, we learned that the nonprofit, Southwest Key Programs, won more than $1 billion in federal contracts since 2015 to run shelters and/or provide other services to immigrant children in federal custody. Questions: 1. About how many contractors operate more… Read more »

Promises Kept? Buy American, Hire Americans?

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

According to Lydia O’Neal with the International Business Times, President Donald Trump recently signed an executive order urging the U.S. to “buy American,” in part by encouraging the Departments of Commerce and State to prioritize American firms when they dole out lucrative contracts. Unfortunately, a report released last week found, that the direction may not… Read more »