Research shows rich people are more likely to lie, cheat, and steal

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Ethical Dilemma, Fraud Accounting, Income Taxes, Intermediate Accounting, International Accounting, Managerial Accounting, Uncategorized.

Questions: 1. What did you think was the most interesting thing that Keltner and Piff found out as part of their experiments? 2. Why should we care about the ethics of wealthy people? 3. According to the article, what does power lead to? 4. In your opinion, what was the most remarkable point made in… Read more »

Is it fair that some hospitals are charging 400% above their costs to deliver services?

Posted by & filed under Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Financial Reporting and Analysis, Financial Statement Analysis, Intermediate Accounting, International Accounting, Managerial Accounting, Uncategorized.

According to government data, hospitals charge Medicare wildly differing amounts — sometimes 10 to 20 times what Medicare typically reimburses — for the same procedure. This raises questions about how hospitals determine prices and why they differ so widely. Questions: 1. Discuss the data set and what was included. 2. According to the article, who… Read more »

Number One Winner!

Posted by & filed under Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Financial Reporting and Analysis, Financial Statement Analysis, Fraud Accounting, IFRS, Intermediate Accounting, International Accounting, Managerial Accounting.

A new study by the nonprofit, Integrity Florida, ranks the Sunshine State as the nation’s most corrupt state. Since 1976, 1,762 of Florida’s public officials have been convicted of public corruption, with an average of 71 convictions per year over the period from 2000 to 2010. The study gives Florida a C minus grade on… Read more »