“A Very Dangerous Process”

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.

Specialists in infectious disease are protesting a gigantic overnight increase in the price of Daraprim,a 62-year-old drug that is the standard of care for treating malaria and toxoplasmosis. Questions: 1. What are the causes of price increases for drugs like Daraprim? 2. What is the past controversy associated with Martin Shkreli, the founder and chief… Read more »

Bad may be Good?

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While it wasn’t a particularly good 2014 for big pension fund earnings, those who managed the funds saw incredible pay! According to the New York Times, the top 25 hedge fund managers reaped $11.62 billion in compensation in 2014. Yes, that’s billions with a “B”! Questions: 1. The 2014 compensation of the top 25 hedge… Read more »

Raj Going to the Big House

Posted by & filed under Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Financial Reporting and Analysis, Financial Statement Analysis, Fraud Accounting, IFRS, Intermediate Accounting, International Accounting, Managerial Accounting, Uncategorized, Video Updates.

Raj Rajaratnam is entering the next phase of his insider trading case. A Federal District Court judge, Richard J. Holwell, sentenced Mr. Rajaratnam to 11 years in a federal prison, and he¬†will now try to remain out of prison as long as possible while his lawyers prepare a promised appeal. This is the longest sentence… Read more »