Posts Tagged: health crisis

Don’t Delay Reporting to Federal Officials

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

According to the Washington Post, The Life Care Center of Kirkland in Washington State failed to report an outbreak of respiratory illness to local authorities for two weeks as required by law under Medicare and Medicaid, which led to 40 COVID-19 deaths at the nursing home. Questions: How much is the per-day civil penalty levied… Read more »

Be Careful What you Wish For: Stranded in Paradise

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Intermediate Accounting, International Accounting, Managerial Accounting, Uncategorized.

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 »