Posts Tagged: IT

An Attack on the Wallets of Meatlovers

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, Fraud Accounting, Intermediate Accounting, International Accounting, Managerial Accounting, Uncategorized, Video Updates.

Four weeks after the Russian hack on Colonial Pipelines, the world’s largest beef supplier has been hit with a ransomware attack, threatening some of the U.S. meat supply. Questions: Who is the company and how many facilities do they maintain? How much was paid to Russian hackers from Colonial Pipelines? What might be the effect… Read more »

Target registers not on target

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

According to the Washington Post, cash registers at Target stores are working again after an hours-long outage on Saturday afternoon that brought checkout lines across the country to a standstill. Questions What problem does Target say caused the outage? Has this ever happened before at Target and if so when? Do you see any possible… Read more »

A New Concept

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Because of a scramble to locate baby food at night, Robert Ilijason decided to open Sweden’s first unstaffed convenience store. The 39-year old IT specialist now owns a 24-hour convenience store that has no cashier. Questions: 1. How do the customers pay for their purchases? 2. How is the store monitored? What types of controls… Read more »

Huge Merger

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

To keep up with the changing technology environment, computer maker Dell will buy the storage provider EMC in a deal worth about $67 billion, the companies announced today, Oct. 12. Questions: 1. What are some of the benefits of the new combined company? 2. How much is Dell going to pay per share of EMC?… Read more »