Diversity Disclosures

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, Intermediate Accounting, Managerial Accounting, Uncategorized.

On this MLK day, we take a look at diversity disclosures and the S&P as detailed by Richard Binder at BenefitsPro.com. Questions: According to McKinsey & Company, how long will it take for Black workers to reach talent parity across all levels in the private sector? However, if promotion, attrition, and external hiring rates were… Read more »

Loss-Prevention Profiling at CVS

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

Four former loss-prevention employees from the CVS chain in New York filed a class-action lawsuit on June 3rd against the drugstore chain, accusing their bosses of ordering them to target black and Hispanic shoppers. According to the detectives, they were fired after complaining about racial discrimination, against both customers and themselves. Questions: 1. Why is… Read more »

The More Things Change, The More They Stay the Same

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

Walmart’s board elected a new chairman at its annual stockholders’ meeting last week. As only the third chairman in the retail giant’s history, the post was passed on to a member of the founding Walton family. Questions: 1. What type of background does Mr. Penner have that will be beneficial in this post? 2. Why… Read more »