Posts Tagged: retirees

How Many All-Cash Buyers Are In Your Neighborhood?

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 the Washington Post and realty company, Redfin, nearly one-third of homes purchased in 2022 were all-cash deals! Questions: Source: Martinez, E., K. Schaul, and H. Shaban. (2023). See how many all-cash buyers snagged houses in your neighborhood. The Washington Post, Feb. 9 (Retrievable online at https://www.washingtonpost.com/business/interactive/2023/all-cash-buyers-housing-market/?itid=hp-top-table-main_p001_f004)

The New Retirement Model

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.

According to the Washington Post, well-off Americans retiring early while balancing the economy with health concerns and drawing on federal stimulus funds, market gains, and equity from skyrocketing home values. Questions: What unusual trend is happening along with the early retirement course? When does Social Security allows most people to enroll for retirement payments? According… Read more »

An Age of Trust and Undying Loyalty

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

According to the New York Times, Sears may be struggling to survive after filing for bankruptcy in October, since its rundown and empty stores symbolize a has-been company that failed to adapt. But across the country, legions of former Sears workers like Mr. Atwood, a retired truck driver, gather regularly to reminisce about their long… Read more »