Posts Tagged: online

Big Buyout?

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.

According to CNBC, Arkhouse Management and Brigade Capital Management have offered to buy Macy’s Inc. for $5.8 billion, according to people familiar with the matter. Questions: Source: Picciotto, R. (2023). Macy’s receives $5.8 billion buyout offer, sources say. CNBC.com, 12/10/23 (Retrievable online at https://www.msn.com/en-us/money/companies/macy-s-receives-5-8-billion-buyout-offer-sources-say/ar-AA1liroj?)

The Giving Season is Always Open Season for Fraudsters

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Behavioral and Social Issues Related to Accounting, Ethical Dilemma, Financial Accounting, Fraud Accounting, Uncategorized.

According to New Jersey Advance Media, a Burlington County, N.J. man, Mark D’Amico, 42, and his then-girlfriend admitted setting up a GoFundMe page, based on a lie about a helpful homeless man, and ultimately bilked online givers out of $400,000. Questions: What did D’Amico and his girlfriend use the money for? The page said that… Read more »