Posts Tagged: insurance companies

Less than desirable health insurance

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Ethical Dilemma, Financial Accounting, International Accounting, Managerial Accounting.

Terrible abdominal pain, while at a Florida conference, landed Doug Moore in an out of town emergency room (ER). While the emergency room charges were paid by his insurance as in-network charges, the doctors’ charges were billed at a much higher out-of-network rate. Questions: 1. On average, what percentage of patients that go to ERs… Read more »

Not all retirement plans are equal!

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, Auditing, Cost Accounting, Ethical Dilemma, Financial Accounting, Intermediate Accounting, Managerial Accounting, Uncategorized.

According to the New York Times, millions of Americans — public school teachers, clergy members, employees of religious institutions or nonprofits, and some charities — are not offered 401(k)’s; instead they typically must rely on what are known as 403(b) plans, many of which are more lightly regulated. Questions: 1. Briefly summarize why public school… Read more »

Bad Legal Advice or Bad Insurance Companies or Bad Laws?

Posted by & filed under Accounting Information Systems, Accounting Principles, All Articles, Auditing, Cost Accounting, Ethical Dilemma, Financial Accounting, Intermediate Accounting, Managerial Accounting, Video Updates.

One of my favorite quotes is that from author Wendy Mass: “Be kind, for everyone you meet is fighting a battle you know nothing about.” And so it seems that this story may illustrate it well. The article and video discuss the case of Jennifer Connell who sued her nephew, Sean Tarala, for $127,000 over… Read more »

Profits or Ethics? Is it one or the other?

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

In November 2014, allegations of altered reports prompted a federal judge overseeing more than 1,000 hurricane related lawsuits in the New York City area to order and investigate all drafts of the engineering reports regarding 2012 Hurricane Sandy property damage. Based on these reports, the judge believed that engineering revisions were “widespread” in order to… Read more »