Albemarle purports to have violated Foreign Corrupt Practices Act (FCPA)

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According to the Wall Street Journal, well-known chemical manufacturer, Albemarle, reached an agreement in principle with U.S. authorities to pay a $218.5 million fine to resolve an investigation into potential improper payments by third-party sales representatives. Questions: Source: Tokar, D. (2023). Albemarle to Pay $218.5 Million to Settle Foreign Bribery Probe. The Wall Street Journal,… Read more »

The Future is EV Energy

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, Income Taxes, Intermediate Accounting, Managerial Accounting, Uncategorized, Video Updates.

According to The Verge, the Biden administration invoked the Defense Production Act for EV batteries and clean energy last week. Questions: What does this mean in the near term for certain types of mines in the U.S.? Are lithium batteries sustainable in the long-term? Discuss. What is the Defense Production Act? How do you see… Read more »

A Valuable Mineral for Electric Vehicles

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As the first new large-scale lithium mine in the United States in more than a decade is preparing for blasting in Nevada, the project, known as Lithium Americas, is in the courts and has drawn protests from members of a Native American tribe, ranchers and environmental groups. Questions List the bullet point objections to the… Read more »