Posts Tagged: incorrect projections

Helium Crisis

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

There’s a severe helium shortage brewing in the U.S., thanks to a 1996 law set by Congress to force the government to sell off its helium reserves at bargain-bin prices. As this video explains, the nonrenewable gas is much more important for products other than balloons! 1. What products use helium? 2. What are the… Read more »