Professor Elam

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Why Read the WSJ

Monday August 22 2022

I recommend on your syllabus that you subscribe at the student rate to the WSJ. Here are a couple of good examples from today Aug 22 of what you might learn.

I am teaching ACCT 4311 Audit and ACCT 5308 Ethics, the first article addresses both.

United Kingdom Financial Reporting Council (probably similar to our SEC) is creating a new Register of who can audit public companies in the UK.Those companies are known as Public Interest Entities or PIEs. 

Clearly this requirement to re register is a step up in barring individuals seen as responsible for botched audits in the past. As you will see in my classes we will read numerous cases of just that.

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Meanwhile at the movies. Movie Chains just about went broke during Covid and now  cineworld has. It  is UK based and owns Regal Cinemas.

click here to read the story.

The latest movie fad is moving Marvel Comics heroes to the screen. The next will be Dwayne Johnson in Warner's Black Adam  Johnson's movies have grossed $ 5 billion world wide, he is the new Arnold S.

 

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2 responses to “Why Read the WSJ”

  1. Ana Montalvo Avatar
    Ana Montalvo

    During the spring I really thought movies were back! with the box office success of movies like Top Gun Maverick and Everything Everywhere all at Once, but the summer was dead! Not sure if it’s the studios fault for not releasing many movies and the movies that were released, even the marvel movies, were BAD. Or are theaters dying because of streaming services?

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  2. Dennis Elam Avatar
    Dennis Elam

    I suspect streaming has a lot to do with it but, I also think a popcorn and soda for $15 is not helping. Marvel Comic themes no doubt appeal to the younger audience but what about we seniors?

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