Wells Fargo | Wiley Accounting Updates

Another Sad Wells Fargo Story

Posted 5:34 pm by LuAnn Bean & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Ethical Dilemma, Financial Accounting, Fraud Accounting, Intermediate Accounting, Managerial Accounting, Uncategorized.

According to the New York Times, more than 800,000 people who took out car loans from Wells Fargo were charged for auto insurance they did not need, and some of them are still paying for it, according to an internal report prepared for the bank’s executives. Questions: 1. How many customers were forced into delinquency… Read more »

Warren Buffet talks about Wells Fargo

Posted 2:30 pm by LuAnn Bean & filed under Accounting Information Systems, Accounting Principles, Auditing, Ethical Dilemma, Financial Accounting, Fraud Accounting, Intermediate Accounting, International Accounting, Managerial Accounting, Video Updates.

Wells Fargo used to brag about its immense “cross-selling” skills, boasting of the many checking accounts, ATM cards and other “products” it pushed on Americans. Questions: 1. What disclosure did Wells Fargo recently include in its most recent quarterly earnings report? 2. What was the fine that was levied against Wells Fargo in September? 3…. Read more »

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Another Sad Wells Fargo Story

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