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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
March 31, 2020 Coronavirus job losses could total 47 million, unemployment rate may hit 32%, Fed estimatesSource: CNBC
Millions of Americans already have lost their jobs due to the coronavirus crisis and the worst of the damage is yet to come, according to a Federal Reserve estimate.
Pharmaceutical giant Johnson & Johnson plans to begin human clinical trials of its Covid-19 vaccine by September with a goal of the first batches being made available for emergency use authorization by early next year, according...
March 31, 2020 Macy's will furlough the majority of its 125,000 employeesSource: CNN
New York (CNN Business)Macy's is furloughing a majority of its 125,000 employees because of the ongoing coronavirus pandemic, which has sunk sales and forced it close to its stores.
Research & Insights
Source: Environmental Leader
IPIECA, the American Petroleum Institute (API), and the International Association of Oil & Gas Producers (IOGP) today released the new edition of the “Sustainability Reporting Guidance for the Oil and Gas industry.” T
February 23, 2020 The ugly side to the booming U.S. economy, in one telling chartSource: MarketWatch
...the rate of credit card balances that are 30 days or more delinquent at the 4,500 or so commercial banks that are smaller than the top 100 banks spiked to 7.05% in the fourth quarter, the highest delinquency rate in the data...
November 29, 2019 U.S. jobless claims tumble to 213,000 just before Thanksgiving, back near post recession lowSource: Market Watch
The number of people who applied for unemployment benefits fell sharply in the week before the U.S. Thanksgiving holiday, putting jobless claims back near historic lows and reflecting the persistent strength in the U.S. labor...
Commentary & Opinion
The question: why did so many presidential candidates (two still are) propose energy policies that were: (1) a direct threat to U.S. national security, (2) morally unjust, (3) counter to climate change goals, (4) sure to raise...
March 3, 2020 5 parts of the economy most at risk from coronavirusSource: The Hill
The growing threat of a coronavirus pandemic is raising fears about the toll it could take on the U.S. economy.
Source: The Guardian
If Brexit is any guide Boris Johnson will yield in the endgame to the EU but will be too busy taking a victory lap to spell out the concessions he has made
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