Collateral damage

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, Auditing, Cost Accounting, Ethical Dilemma, Financial Accounting, Fraud Accounting, Intermediate Accounting, International Accounting, Managerial Accounting.

The government set up an elaborate sting operation to expose a network of recruiters for visa mills. The only problem was that some students claim that they thought the “honey trap” was a legitimate organization and were duped by the U.S. government. Questions: 1. Briefly explain the sting scheme. 2. After reading the article, do… Read more »

Team Disney – Its a Small World After All

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

Nothing could be worse than losing your job, except maybe being required to train your replacement. That is what happened in the Magical Kingdom when cheaper H-1B workers from an India outsourcing firm replaced about 250 U.S. employees at the end of January this year. Questions: 1. What explanation did Disney executives give for this… Read more »