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“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.
News & Updates
Source: MIT Technology Review
China, the world’s largest communist country and its biggest climate polluter, has turned to a decidedly free-market approach to combating carbon emissions.
June 19, 2018 Go deeper: AT&T's merger will change how we watch TVSource: Axios
AT&T's acquisition of Time Warner will create a media conglomerate that combines premium content with a vast distribution network to deliver it to consumers.
June 19, 2018 Apple hit with $9M fine in Australia for ‘misleading’ customers about ‘Error 53’ bug Chance MillerSource: 9 to 5 Mac
Apple has been hit with a $9 million by the Federal Court in Australia over the the infamous Error 53 bug that affected numerous users last year. Today’s decision 117 Comments Australian Competition and Consumer Commission levied...
Research & Insights
A CNBC analysis of CEO pay ratios suggests that companies with more equal pay distribution also tend to generate higher profit per worker.
Source: USA Today
Millennials do many things differently from Mom and Dad: They prefer flexible work schedules to the 9-to-5 grind, and they line up dates on their smartphones
NEW YORK, April 24, 2018 /PRNewswire/ -- The Conference Board Consumer Confidence Index ® increased in April, following a decline in March. The Index now stands at 128.7 (1985=100), up from 127.0 in March. The Present...
Commentary & Opinion
BEIJING/SHANGHAI (Reuters) - China’s banking and insurance regulator will soon publish detailed rules on banks’ wealth management products (WMPs) as part of Beijing’s effort to curb risks in the financial...
May 1, 2018 Why Ford Will Probably Be Fine Without SedansSource: Forbes
The news sounds drastic: Ford will stop selling nearly all of the cars it currently offers. Some people have reacted with surprise, others alarm. Friends and colleagues who don't pay close attention to the car business have asked...
April 25, 2018 Three Big Factors That Rocked the Stock Market TuesdaySource: The Street
What started out as a strong open on the stock market quickly devolved into very red trading session for Wall Street...By the market close, the Dow Jones Industrial Average lost 424 points, or 1.74%, the S&P 500 handed over 1.34%...
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