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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
WASHINGTON - The 35 largest U.S. banks are poised to put more money toward dividends, share buybacks and business investments, after clearing the first stage of an annual regulatory stress test on Thursday, showing they have...
A new study out today in the journal Science finds that methane emissions from the U.S. oil and gas industry are nearly 60% more than current EPA estimates.
A report out Thursday quantifies, again, just how tough the housing market is. Attom Data Solutions’ affordability index shows home prices are the least affordable since the third quarter of 2008, when the financial crisis...
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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