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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
December 13, 2018 Dow rises more than 150 points on new US-China trade hopesSource: CNN
New York -Stocks jumped Wednesday following the latest twist in the US-China trade saga, but the enthusiasm cooled off toward the end of the day.
December 13, 2018 Here are the stocks that will get the biggest boost if US-China trade talks are successful: CramerSource: CNBC
Several key market sectors would get a boost if trade talks between the United States and China proceed without a hitch, CNBC’s Jim Cramer said Wednesday as stocks rallied on renewed hope for a deal between the countries.
According to a new report from Bloomberg, Apple is thinking about multiple scenarios when it comes to tariffs and iPhone production. Right now, iPhones are not affected directly by the trade war between China and the U.S.
Research & Insights
December 13, 2018 Nearly half of US CFOs fear a 2019 recessionSource: CNN
America's finance chiefs fear the economic expansion is nearly over. Almost half (48.6%) of US chief financial officers believe the United States will be in recession by the end of next year, according to the Duke...
December 10, 2018 Millennials are too poor to live like Generation X and baby boomers, federal study saysSource: Deseret News
"Millennials are less well off than members of earlier generations when they were young, with lower earnings, fewer assets, and less wealth," the study said. "Conditional on their age and other factors, millennials do not appear...
December 5, 2018 U.S. coal consumption drops to lowest level in nearly 40 yearsSource: NBC News
WASHINGTON — A federal report says Americans are using less coal this year than at any time since Jimmy Carter's presidency. That's despite the Trump administration's efforts to revive the country's coal industry.
Commentary & Opinion
December 11, 2018 Tesla: The 60 Minutes ScareSource: Seeking Alpha
On Sunday night, CBS show 60 Minutes aired a long interview with Tesla (TSLA) CEO Elon Musk. The piece covered a lot of topics, from the Model 3's part in the company's near death, to the autopilot feature many consumers want to...
November 28, 2018 NYSE Chair Says Survival of Digital Currencies Is ‘Unequivocal’Source: Coin Telegraph
New York Stock Exchange (NYSE) chairman Jeffrey Sprecher expressed optimism about the survival of digital currencies as an asset class, business news outlet Barron’s reported Nov. 27.
November 16, 2018 What bankers and fund managers are saying about the Brexit dealSource: Financial News
May, who was speaking after a five-hour “impassioned debate” with her government ministers about the implications of the draft agreement, said the collective decision was that members of the UK government should support the deal...
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