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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

October 24, 2014 Amazon posts huge loss, warns of more

Source: USA Today

Amazon had warned that it would lose bundles of cash in the third quarter, and it didn't disappoint. But the size of the loss and a forecast that warned of more red ink by year's end chilled investors, who had already sent shares...

October 24, 2014 Warren Buffett's Berkshire Hathaway’s equity portfolio loses $5 billion

Source: The Economic Times

It's not been a good time for Warren Buffett wannabes. Sharp drops in many of the stocks owned by Buffett's Berkshire Hathaway in recent weeks hit the sprawling conglomerate's equity portfolio hard. The loss on seven of those...

October 24, 2014 Death and taxes: Is the corporate tax rate killing the U.S. economy?

Source: Reuters

The IRS and the U.S. Treasury last month announced plans to squelch the trend for businesses to seek foreign tax shelters through corporate inversions. But why are companies fleeing? Because the current corporate tax rate is...

Research & Insights

October 21, 2014 Shareholder ‘No’ Votes on Pay Show Uptick

Source: CFO

A new report on the 2014 proxy season show a rise in the number of executive compensation plans that failed to receive majority shareholder support.

September 16, 2014 It's clear that prosperity and climate change action can go hand in hand

Source: Guardian (UK)

The link between economic growth and action to reduce the risks of climate change is the focus of the New Climate Economy report issued on Tuesday. Its credentials are impressive and its findings emphatic.

August 27, 2014 Insurers pay more tax on executive compensation under Obamacare: study

Source: Yahoo News

When Washington eliminated corporate tax deductions on health insurance executive compensation above $500,000 under President Barack Obama's healthcare reform law in 2013, it generated more than $72 million in additional tax...

Commentary & Opinion

October 24, 2014 Income Inequality Got You Down? Do Something About It!

Source: Huff Post

The wealthy continue to see significant income and wealth gains while the majority of people are experiencing stagnant living standards. Income inequality is one of the most significant financial stories right now, and there's no...

October 23, 2014 Market Structure Map - Perspective

Source: Tim Quast, president, ModernNetworks IR LLC

In 2013, according to the Investment Company Institute, net US inflows to mutual funds were $152 billion, of which $52 billion went to target-date hybrid funds (mixes of bonds and equities based on one's age), and about $53...[more]

October 22, 2014 Once Again, Religious Shareholder Activists Fail Massively

Source: Acton Institute

Despite what is heralded as a banner year for proxy resolutions submitted by religious shareholder activists As You Sow and the Interfaith Center on Corporate Responsibility, 2014 was anything but. Even the left-leaning Center...




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