The Hidden Costs of Beautiful Nails

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

Manicures were once for special occasions only. Now they have become a staple for women across the economic spectrum. With more than 17,000 nail salons in the United States, there are about 2,000 nail salons in New York City alone. This New York Times research article looks at the dirty little secret of exploitation of… Read more »

Schedules: The Next Labor Fight

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, Auditing, Cost Accounting, Financial Accounting, Financial Reporting and Analysis, Intermediate Accounting, Managerial Accounting, Video Updates.

While the minimum wage issue has come to the top of political agendas over the past few years, it appears that the new frontier in labor reform will be schedules and pushing back against the corporate trend to time shifts when labor is needed. Questions: 1. What are some of the requirements that proponents hope… Read more »

IBM Guards Age Data

Posted by & filed under Accounting Principles, Cost Accounting, Financial Accounting, Managerial Accounting, Video Updates.

For approximately a decade, IBM has been giving fired employees information detailing a severance package that asks them to waive age-discrimination claims. This package also included a page listing the job titles and ages of workers being let go, until recently. Now IBM is withholding the information and instead offering the workers with the option… Read more »