First Bad News about Chuck E. Cheese, Now Broadway- Oh No!

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

According to the Washington Post, the shutdown of Broadway’s 41 theaters will continue at least until Jan. 3. Questions: Why is Broadway so important to New York’s economic health? What will happen to ticketholders for shows up to and including January 3? What percent of tickets for commercial productions in 1,000- to 2,000-seat theaters must… Read more »

Is this really about Saving America’s Past Time?

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

U.S. Representatives Brett Guthrie (R-KY) introduced a bill misleadingly called the “Save America’s Pastime Act,” with the sole purpose of excluding Minor League Baseball (MiLB) players from regulation under federal minimum wage and overtime requirements. Questions: 1. What is Mr. Guthrie’s reasoning for exempting the pay of Minor Leaguers from Federal pay laws? 2. What… Read more »