Do you ever want to give students a link for a document or website during class but the URL is too long to reasonably type? For example, let’s say I want to give students the link during class to a blog post I wrote. The original blog post URL is long – see https://accountingintheheadlines.com/2016/06/07/what-is-the-impact-on-snapchats-balance-sheet-from-its-latest-issuance-of-stock/. However, […]
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Would Yogurt Vi use job costing or process costing in calculating the cost of a customer’s cup of frozen yogurt and toppings?
June 23, 2016 
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Yogurt Vi (pronounced vee) is a frozen yogurt restaurant with several locations in Ohio. Customers will select the flavor of frozen yogurt they want and fill their cup from the self-serve machine with the desired amount of the frozen yogurt. Next the customer will proceed to the toppings bar, where they can select from a […]
Continue readingWhat internal controls might have prevented a Sea World guest relations supervisor from voiding tickets and pocketing more than $116,000?
June 21, 2016 0 Comments
A guest relations supervisor at SeaWorld’s Aquatica waterpark in Orlando, Lisa Olivardia, would void ticket sales and put the cash in white envelopes that she then put in her pocket. Investigators estimate that she stole between $55,000 and $75,000 each year from 2013 – 2015. Her voided transactions were about triple the rate of her […]
Continue readingWhat would the payback period be for a robotic arm used by McDonald’s for food preparation?
June 14, 2016 0 Comments
A variety of robots were featured at the 2016 National Restaurant Show that could be used for a variety of tasks in restaurants. These robots are being introduced at the same time that we are experiencing an on-going debate in the U.S. about the merits of a national minimum wage of $15 per hour for […]
Continue readingWhat is the impact on Snapchat’s balance sheet from its latest issuance of stock?
June 7, 2016 0 Comments
Snapchat is one of the fastest growing social media platforms with 16 to 24 year olds. Snapchat is privately-held, which means its stock cannot be purchased on a stock exchange. It may be getting ready for an IPO (initial public offering) sometime later in 2016 or 2017. In the meantime, Snapchat is obtaining funding for operations […]
Continue readingHow would the Pittsburgh Steelers classify the purchase of robots to use for tackle practice?
June 1, 2016 0 Comments
The Pittsburgh Steelers, a U.S. professional football team based in Pennsylvania, are experimenting with using a robot, called a Mobile Virtual Player (MVP), during practices so that players do not have to tackle each other and risk injury. Instead, the players can tackle the foam-padded robot that mimics the sensation of tackling a person. The MVP […]
Continue readingTechnology tip: How to add closed captions to your YouTube videos
May 26, 2016 2 Comments
If you use a script to create videos for YouTube, adding closed-captions to your YouTube videos is pretty easy. (The script needs to be saved as a plain text file; you would save it as a “.txt” file in Word.) I have created a step-by-step PowerPoint to show you how to add closed-captions to your video […]
Continue readingNew type of blog post – Technology tips
May 26, 2016 0 Comments
Greetings! I wanted to let you know that I am adding a new type of blog post to Accounting in the Headlines. I will be posting Technology Tips periodically. These tips will be short articles about some type of technology that you can use in teaching introductory accounting. I am going to focus on technology […]
Continue readingHow does replacing employees with ordering kiosks at Panera change its break even point?
May 3, 2016 0 Comments
During 2016, Panera Bread Company (PNRA) is building ordering kiosk centers in its cafes. These ordering kiosks will allow customers to browse nutritional content of its menu items and will allow for personalization of menu items. Panera has stated that wait times will be shortened and order accuracy will be improved by using this new […]
Continue readingWhich is healthier from a cash flow standpoint, Sears or Wal-Mart?
April 26, 2016 0 Comments
Sears Holding Corporation (SHLD) announced in April 2016 that it would be closing 68 Kmart and 10 Sears stores during the second half of 2016. The stores it is closing have not been profitable for Sears and it is looking to improve profitability with the closures. Similarly, Wal-Mart Stores, Inc., (WMT) announced in January 2016, […]
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