How Many All-Cash Buyers Are In Your Neighborhood?

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, Intermediate Accounting, Managerial Accounting, Uncategorized.

According to the Washington Post and realty company, Redfin, nearly one-third of homes purchased in 2022 were all-cash deals! Questions: Source: Martinez, E., K. Schaul, and H. Shaban. (2023). See how many all-cash buyers snagged houses in your neighborhood. The Washington Post, Feb. 9 (Retrievable online at https://www.washingtonpost.com/business/interactive/2023/all-cash-buyers-housing-market/?itid=hp-top-table-main_p001_f004)

High Rents

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, Intermediate Accounting, Managerial Accounting, Uncategorized.

According to the Washington Post, rising rents are expected to be a driving force in inflation this year and have been an ongoing policy challenge for the Biden administration. Questions: By what percentage have rents increased in a number of cities? What is the average rent in cities like Austin, New York and Miami? What… Read more »

Free Housing from Airbnb

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, IFRS, Intermediate Accounting, International Accounting, Managerial Accounting, Uncategorized.

Vacation rental company, Airbnb, said that it would begin offering free accommodation around the world to some 20,000 refugees forced to flee Afghanistan amid the Taliban’s rapid rise to power. Questions: How does the company plan to cover the costs of the initiative? By how much did the European Union indicate that it would increase… Read more »

Solidarity Forever!

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.

Reversing a landmark ruling from the George W. Bush era, the National Labor Relations Board ruled today that graduate students who work as teaching and research assistants at private universities have the right to form labor unions. Questions: 1. Where did the original case take place? 2. What universities are excluded from the ruling and… Read more »