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Get Accountability, Accounting News, Disclosure, Financial Reporting Articles, News, Journal, Research updates - Accountability Central

“Accounting…and…accountability” – these are clearly linked terms with common meaning that emerged along with the modern capitalist system, deriving from Middle European languages and cultures.  “Accounting,” (says Webster’s New Collegiate) is derived from the medieval, “to tell…” -- as today’s accounting systems are designed to “accurately tell the story” of an organization’s financial condition. 

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News & Updates

July 30, 2014 US economy grew at strong 4 percent rate in spring

Source: Washington Post

After a dismal winter, the U.S. economy sprang back to life in the April-June quarter, growing at a fast 4 percent annual rate on the strength of higher consumer and business spending. The Commerce Department says the...

July 30, 2014 White House Pushes Financial Case for Carbon Rule

Source: NY Times

WASHINGTON — Failing to adequately reduce the carbon pollution that contributes to climate change could cost the United States economy $150 billion a year, according to an analysis by the White House Council of Economic Advisers...

July 30, 2014 U.S. SEC to look at rule on who can buy riskiest securities

Reuters - "Thanks to the JOBS act, once private offerings are now essentially public offerings," said Barbara Roper, investor protection director of the îConsumer Federation of Americaî, and a member of the SEC's...

Research & Insights

July 30, 2014 Sage Foundation: Wealth "Inequality" Will Continue to Worsen

Source: Tge New American

In another so-called research study about wealth inequality, the liberal think-tank Sage Foundation said in June that while the super-rich have fully recovered from the Great Recession, the vast majority of Americans have not....

July 22, 2014 Report: Hedge funds escaped billions in taxes

Source: USA Today

Two large banks used a complex financial scheme to help 13 hedge funds avoid paying billions of dollars in taxes and evade federal borrowing limits on brokerage accounts over a 15-year period, according to the findings of a...

July 17, 2014 Bubble Paranoia Setting in as S&P 500 Surge Stirs Angst

Source: Bloomberg

Two years of uninterrupted gains in U.S. stocks are sowing anxiety among financial professionals, with three in five saying the market is on the verge of a bubble or already in one, the Bloomberg Global Poll found.

Commentary & Opinion

July 24, 2014 Market Structure Map - Take and Make

Source: Tim Quast, President, ModernNetworks IR LLC

What if exchanges stopped paying fast traders to set prices? Oh, you didn’t know? Read on. Off Salt Island in the British Virgins is the wreck of the HMS Rhone, a steamer that sank in an 1867 hurricane. Even if you’re a...[more]

July 22, 2014 The Market Has a Message for the Bulls

Investor Place - And îthe Conference Boardîâs index of leading economic indicators rose 0.3 ... Chair Janet Yellenâs view that âequity valuations of smaller firms as well as îsocialî...

July 17, 2014 Market Structure Map - CYNK Me

Source: Tim Quast, president, ModernNetworks IR LLC

Movie tip: Karen and I took our visiting teenaged nephew to see Edge of Tomorrow, starring Tom Cruise. Hysterically entertaining. Appropriate for teens (scary monsters but no gore), and gripping for adults! There was a 1982...[more]




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