Accounting in the Headlines
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The Accounting in the Headlines blog curated by Wendy Tietz, PhD, CPA, CMA, CSCA, CGMA, serves as a valuable resource for real-life news stories applicable to teaching introductory accounting. Featuring both financial and managerial accounting narratives, the blog provides concise insights into contemporary accounting topics. Wendy Tietz, a holder of the Fundamentals of Sustainability..
Accounting in the Headlines
2M ago
What information can be calculated from Coca-Cola’s trial balance? Coca-Cola, Inc. (NYSE: KO) is a multinational drink company headquartered in Atlanta, Georgia, United States. It is a publicly held corporation. Coca-Cola operates and reports financial information annually every December 31. To follow is a condensed and adapted trial balance as of December 31, 2022, that ..read more
Accounting in the Headlines
8M ago
Join us Tuesday, August 15th, 1 – 4 pm Eastern, for Getting Ready for Fall Classes offered by the AAA’s Management Accounting Section as part of the CGMA Teaching and Practice Symposium sponsored by AICPA & CIMA. In this webinar, you’ll have the opportunity to gain valuable insights and practical knowledge in six 30-minute sessions ..read more
Accounting in the Headlines
10M ago
Greetings! I am working on developing a new project for introductory financial accounting and I am trying to decide whether to include journal entries as part of the project, or to focus on understanding and the use of the information. The project I am working on would apply to several topics within introductory financial accounting ..read more
Accounting in the Headlines
1y ago
Yeti is recalling nearly two million soft coolers and gear cases, including the Hopper M30 Soft Cooler 1.0 and 2.0, Hopper M20 Soft Backpack Cooler, and SideKick Dry Gear Case, due to a magnet ingestion hazard. The products, sold between March 2018 and January 2023, feature large internal pockets with powerful magnet closures that can ..read more
Accounting in the Headlines
1y ago
Below are links to a crossword puzzle to review financial statement analysis concepts in financial accounting – and links to a word search puzzle to review the same concepts. I figured many of us are heading into the financial statement analysis chapter right now, so I thought I would share these puzzles I created for ..read more
Accounting in the Headlines
1y ago
Bausch Health Companies took its eye care unit, Bausch + Lomb (BLCO) public with a public stock issuance in 2022. Bausch + Lomb had been a private company since 2007, when it had been purchased by two private equity firms. Bausch + Lomb sells contact lenses, eye drops, and implantable lenses for cataract surgery. It ..read more
Accounting in the Headlines
1y ago
On the packaging of Velveeta Microwaveable Shells & Cheese cups, it says that it takes three and a half minutes to cook to the right consistency of cheese. However, for one upset Florida woman, it seems to be untrue. According to the South Florida Sun-Sentinel, Amanda Ramirez has filed a proposed class-action lawsuit accusing Kraft ..read more
Accounting in the Headlines
1y ago
In January 2023, my new book “Teaching with Microsoft Teams: Student Engagement Strategies” is being published! In this book, I share several techniques for using Microsoft Teams to increase student engagement – both in synchronous online classes and asynchronous classes. Some of the chapters in the book include: I am looking for reviewers for the ..read more
Accounting in the Headlines
1y ago
Below are links to a crossword puzzle to review stockholders’ equity concepts in financial accounting. Both links are to the same puzzle, but one has a solution enabled and the other does not. Stockholders’ equity crossword puzzle: Share this link with your students to have them work on the puzzle without access to the solution ..read more
Accounting in the Headlines
1y ago
Ford Motor Company (FORD) sales jumped 31.5 % during June 2022 in the United States as compared to the prior month. Sales of Ford’s F-series trucks and the Explorer, Expedition, and Navigator SUV models drove the sales growth. According to a Bloomberg article (link) earlier this year, the F-150 Series product line is Ford’s most ..read more