Good and Bad News Monday

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.

According to Market Insider, Estee Lauder announced in conjunction with its quarterly results that it would be laying off between 3% and 5% of its staff in order to reduce its expenses. Questions: Source: Ramer, L. (2024). Estee Lauder Layoffs 2024: What to Know About the Latest EL Job Cut. Market Insider, Feb. 5 (Retrievable… Read more »

Something new?

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

Amazon.com Inc. has invited the world’s biggest brands to Seattle to persuade them that it’s time to start shipping products directly to online shoppers, thus bypassing chains like Wal-Mart, Target, and Costco. Questions: 1. What would be the costs to these brand companies? What would be the benefits? 2. What would be the benefits to… Read more »