Barista Class a Hit

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.

According to the New York Times, a barista class program started in 2017 at the island’s women’s facility was such a hit that the New York City Department of Correction (Rikers Island) expanded it to include 18-to-24-year-olds and convicted adult men.  Questions: How long is the class? What is the purpose of the class? Each… Read more »

A First!

Posted by & filed under Accounting Principles, All Articles, Auditing, Financial Accounting, Intermediate Accounting, International Accounting.

Cathy Engelbert has been named CEO of Deloitte, becoming the first woman CEO of a major U.S. accounting and consulting firm. Questions: 1. What are the names of the Big 4 accounting firms? 2. How long has Ms. Engelbert been with Deloitte? 3. What distinctions does Deloitte hold with respect to hiring? Source: Frizell, S…. Read more »

A Back Door or Bribery?

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.

JP Morgan’s “Sons and Daughters” hiring program is under scrutiny by federal regulators. Confidential documents obtained from the company are being explored to shed light on whether the program indicates wrongdoing by the bank to hire children of China’s ruling elite, in order to secure existing and future business from Chinese-government-run companies. Questions: 1. Based… Read more »