Posts Tagged: Japan

No more U.S. Steel

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.

According to the Washington Post, Japan’s largest steelmaker, Nippon Steel, will purchase U.S. Steel in a, a deal valued at $14.1 billion. Questions: Source: Tan, E. (2023). U.S. Steel will be acquired by Japan’s Nippon in a $14.1 billion deal. The Washington Post, December 18 (Retrievable online at https://www.washingtonpost.com/business/2023/12/18/us-steel-nippon-acquistion)

A Housing Abundance or Dearth? Many available houses in Japan.

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, Income Taxes, Managerial Accounting, Uncategorized.

According to the New York Times, as Japan’s population shrinks, more than 10 million abandoned properties are available for as little as $25,000. Questions: Source: Hornyak, T. (2023). Japan Has Millions of Empty Houses. Want to Buy One for $25,000? The New York Times, April 19 (Retrievable online at https://www.nytimes.com/2023/04/17/realestate/japan-empty-houses.html?)

Giving It All Away?

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According to the New York Times, profitable business owners in Japan cannot find successors. As a result, one model is to give the business away. Questions: Source: Dooley, B. and H. Ueno. (2023). Japan’s Business Owners Can’t Find Successors. This Man Is Giving His Away. The New York Times, Jan. 3 (Retrievable online at https://www.nytimes.com/2023/01/03/business/japan-businesses-succession.html)

Major Supplier Under Cyberattack

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

According to the New York Times, Toyota, the world’s largest automaker, said on Monday that it had suspended all production in Japan after a possible cyberattack at a major supplier. Questions: What is the name of Toyota’s major supplier? Why have cyberattacks become increasingly more common in Japan in recent years? What will the stoppage… Read more »