During 2020, Twitter, Inc. (NYSE: TWTR) will be issuing (approximately) $600 million of unsecured notes that will be due in 2027. Assume that on the day immediately before the note issuance, Twitter has assets of $10,500 million and liabilities of $3,370 million. Questions Will the notes be classified as assets or liabilities on Twitter’s balance […]
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How might the management of Jos-Tech have prevented an employee from stealing almost $500,000?
January 17, 2020 
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Victoria A. Ladd, 51, was employed by Jos-Tech, Inc., a custom plastics fabricating company located in Kent, Ohio, for many years. From January 2013 until January 2018, she wrote several checks to herself and cashed them or deposited them into her personal accounts. She also authorized electronic payments from Jos-Tech’s bank accounts to pay off […]
Continue readingAnnouncing a new blog for data analytics cases, Accounting is Analytics!
January 14, 2020 6 Comments
Exciting announcement! Three of us have created a blog site called “Accounting is Analytics.” This site houses data analytics teaching materials (cases and instructional material) for introductory accounting. We (Wendy Tietz, Jennifer Cainas, and Tracie Miller-Nobles) develop cases for Excel, Power BI, and/or Tableau that are suitable for introductory accounting classes. All materials are free […]
Continue readingHow does Amazon’s redemption of its notes payable impact its financial statements?
January 11, 2020 0 Comments
Amazon.com (NASDAQ: AMZN) recently redeemed $1 billion of its 2.6% notes payable one month before the maturity date. “Redeemed” means that Amazon paid cash to the note holders for the principal amount of the notes and the interest accrued up to the redemption date. Questions Assume that, on the date of redemption, it had been […]
Continue readingHow does The J.M. Smucker Company’s dividend announcement impact the company’s financial statements?
November 14, 2019 0 Comments
On October 25, 2019, The J.M. Smucker Company made the following dividend announcement: The J. M. Smucker Company (NYSE: SJM) today announced that its Board of Directors has approved a $0.88 per share dividend on the common shares of the Company. The dividend will be paid on Monday, December 2, 2019, to shareholders of record […]
Continue readingWhat types of costs are associated with a Stance™ sock vending machine located in an airport?
November 3, 2019 0 Comments
At Cleveland Hopkins International Airport in northeastern Ohio, a vending machine that dispenses socks was recently installed. Located in the C concourse, the Stance sock vending machine offers a variety of what Stance refers to as “uncommon” socks. The designs on the socks in the Cleveland airport vending machine include Cleveland Browns, Cleveland Indians, patriotic […]
Continue readingUse Mail Merge in Word with an Excel file to personalize communications
October 10, 2019 3 Comments
Rather than sending out one generic email to students, why not personalize the email for each student? It is easy to insert the student’s name and other information into the email through Word’s Mail Merge feature with an Excel file containing the student name, email, and other information. I have recorded a quick tutorial video […]
Continue readingSummary of seven data analytics projects for introductory accounting
April 7, 2019 0 Comments
There has been a lot of interest in the data analytics cases for introductory accounting that have been posted on this blog. I am providing a summary of the seven data analytics cases and related links in the table below to make it more convenient to see, at a glance, what projects are available and […]
Continue readingNew data analytics case for introductory managerial accounting available – KAT Insurance!
March 2, 2019 1 Comment
In addition to the data analytics case we posted last week for introductory financial accounting, we have also developed a case, using the same KAT Insurance Company data set, for introductory managerial accounting. The three of us who teach introductory accounting (Wendy Tietz, Jennifer Cainas, and Tracie Miller-Nobles) developed a KAT Insurance case to introduce […]
Continue readingNew data analytics case for introductory financial accounting available – KAT Insurance!
February 25, 2019 3 Comments
The demand for business graduates with data analytics skills has exploded, while the tools and techniques are continuing to evolve and change at a rapid pace. Three of us who teach introductory accounting (Wendy Tietz, Jennifer Cainas, and Tracie Miller-Nobles) have joined forces to develop a case to introduce data analytics in the introductory financial […]
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