Posts Tagged: government

The Great Compression: High Rents Lead to Smaller Living Quarters

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

According to the New York Times, the era of the 400-square-foot subdivision house is upon us. Questions: Source: Dougherty, C. (2024). The Great Compression. The New York Times, Feb. 17 (Retrievable online at https://www.nytimes.com/2024/02/17/business/economy/the-great-compression.html)

New York Eases Greenhouse Gases Accounting

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, Managerial Accounting, Uncategorized.

According to the Washington Post, New York Gov. Kathy Hochul (D) is backing a proposal to change the state’s method of accounting for greenhouse gas emissions, after state modeling estimated significant cost increases for buying gas and heating homes. Questions: Source: Joselow, M. and V. Montalbanos (2023). New York, citing consumer costs, may ease its greenhouse gas… Read more »

Be Sure to Leave Santa a lot of Milk (and Cookies) and Dairy Farmers will Thank you!

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According to the Business Insider, for years, the US government has supported the dairy industry to encourage production, but the rising costs and falling returns have forced some farmers to ditch cows altogether. Questions: What happened to milk prices during the Great Depression? What did the government do to make sure keep milk prices high… Read more »

Have you considered Inflation Bonds?

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According to the New York Times, rising prices have affected both consumer goods and some government savings bonds. However, they could also benefit investors looking for safe spaces for their money. Questions: What type of return will the new series I savings bonds, known as inflation bonds to be issued in the next six months,… Read more »

What’s Redlining?

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According to the Washington Post, there is a legacy of systemic racism that our government created and in many ways still isn’t doing enough to eradicate. Questions Based on the article, how would you briefly explain redlining? By what percentage are equivalent Black homes in neighborhoods similar to white neighborhoods undervalued? What is the key… Read more »

Be Careful What you Wish For: Stranded in Paradise

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According to the New York Times, a South African couple, on their honeymoon in the Maldives are now the sole visitors at a five-star resort, due to the coronavirus. Questions: Why don’t they go home with the other 40 South Africans in the Maldives? Who is running the resort and what regulations does the government… Read more »

How has Microsoft avoided the Big Tech Backlash

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According to the New York Times, while Google, Amazon, Apple, and Facebook faces regulator scrutiny, Microsoft, which is worth more than all of these four combined, watches from the side-line. Questions: According to this article, what has Microsoft learned from past antitrust investigations? How do market shifts and the evolution of Microsoft’s business over the… Read more »

Move along now, no data here.

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Mick Mulvaney, the acting head of the Consumer Financial Protection Bureau (CFPB), told bankers that he is not required to post data on banking institutions that violate the rules or receive significant complaints. Questions: 1. Do you agree with the removal of these types of data from the government websites? Why or why not? 2…. Read more »