Posts Tagged: salaries

CNN Profits Tank

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According to the New York Times, CNN profits have slumped for the first time in years. Questions: The network is on a pace to drop below its usual profit point. What is this point? What service did the newly formed Warner Bros. Discovery make when it took over CNN? What are some of the revenue… Read more »

New IRS tax law focuses on top paid coaches

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According to Accounting Today, highly paid college sports coaches (and some hospital executives) are are targets of a 21 percent excise tax by the IRS if these nonprofit employees receive $1 million or more in salary. Questions: What is the big loophole in the law? Who pays the tax? Employee or nonprofit organization? What is… Read more »

Remote Work has Consequences for Taxes

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According to the New York Times, if you decided to ride out the pandemic at your out-of-state vacation house or with your parents in the suburbs, you may be in for an unpleasant reality: a hefty tax bill. Questions: What are the rules if you work in one state and live in another? Is there… Read more »

Higher Salaries at Walmart?

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According to Business Insider, Walmart is testing higher starting wages for some store employees. Questions: What are the two new positions with the higher starting salaries? What will the higher salaries be as compared to the standard hourly salary? What is the new model Walmart is promoting with this change? Besides the new model, why… Read more »

Looking for an internship?

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According to Glassdoor, who ranks internship opportunities, nearly half of the twenty-five most lucrative internships are in the technology field. Questions: Which fields follow technology as the most lucrative? Which company tops the list with a median monthly salary of $8,000? Which was the most surprising to you and why?  Source: Eadicicco, L (2019) The… Read more »

Teaching: A Noble Profession for the Poor

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According to the Guardian, American teachers are getting paid less – even though they are better qualified than ever! Questions: 1. What are the states that saw even sharper declines in salaries than the average? 2. What kind of structural change is happening within the teacher workforce? 3. How much less do teachers make than… Read more »

What was your past salary?

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According to the New York Times, laws prohibiting employers from asking job candidates about their past compensation before making a salary offer are gaining momentum, aimed at reducing pay disparities and other obstacles confronting women and minorities. Questions: 1. What does the article say about the way some researchers see it? 2. What does some… Read more »

It Takes Money to Make Money

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How much would you like to make per hour at your job or your next job? Legendary investor Warren Buffett makes about $1.54 million per hour (even when he is sleeping)! This article documents the 10 richest investors and entrepreneurs and their wealth gains during 2013. Questions: 1. Who is the wealthiest of those ten… Read more »

Brother, can you spare $5

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, Uncategorized, Video Updates.

Beginning Tuesday, Starbucks coffee drinkers can get their morning caffeine fix and help create jobs in small businesses across the country. According to CEO Howard Schultz of Starbucks, the company will accept donations for a program that helps raise money and spurs job creation by small businesses, at its almost 6,800 locations across the nation,… Read more »

Bank of America CEO: Sorry no Raise.

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Bank of America Corp. is not giving its top executive a raise for 2011, unlike some rivals in the financial services industry. Over the past year, the nation’s largest bank by assets saw its stock fall 11 percent. While President and CEO Brian Moynihan didn’t receive a raise in his base salary or any cash-settled… Read more »