Posts Tagged: wealth

Have stolen money? London may be the place to put it!

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Behavioral and Social Issues Related to Accounting, Cost Accounting, Ethical Dilemma, Financial Accounting, Fraud Accounting, IFRS, Income Taxes, Intermediate Accounting, International Accounting, Managerial Accounting, Uncategorized, Video Updates.

According to Nicholas Shaxson, the City of London is hiding the stolen money of the world. Questions: What is the name of the new data leak exposing financial dealings by more than 330 politicians and public officials from over 90 countries and territories? In your own words explain why the offshore financial ecosystem is so… Read more »

What’s Redlining?

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Behavioral and Social Issues Related to Accounting, Cost Accounting, Ethical Dilemma, Financial Accounting, Income Taxes, Intermediate Accounting, Managerial Accounting, Uncategorized.

According to the Washington Post, there is a legacy of systemic racism that our government created and in many ways still isn’t doing enough to eradicate. Questions Based on the article, how would you briefly explain redlining? By what percentage are equivalent Black homes in neighborhoods similar to white neighborhoods undervalued? What is the key… Read more »

Owning Home(s)

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Business owners and landlords tend to be about four times as wealthy as the average American. That’s more than almost any other country included in a new study. Questions: 1. What were the three household groups in the study? 2. Who are the bottom 40 percent in the housing market? 3. Which countries are the… Read more »

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 »

It Takes Money to Make Money

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, Video Updates.

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 »