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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
November 20, 2017 Socially responsible investing no longer a fadSource: Minneapolis Star Tribune
So when President Donald Trump announced the U.S. withdrawal from the Paris climate accord, some observers predicted slowing in the growth of investments guided by environmental, social and governance (ESG ... State Street ...
November 20, 2017 Millennials are set to be the most unequal generation yetSource: Quartz
In an economic climate where the top 1% own half the world’s wealth, a new analysis by Credit Suisse suggests that millennials in several advanced economies are likely going to face the worst income inequality of any generation...
November 20, 2017 Executive Compensation in the Firing Line Under Tax Bills: Section 162(m) $1 Million Deduction LimitSource: Lexology
he Tax Cuts and Jobs Act H.R. 1 passed by the US House of Representatives on November 16 and the Senate Finance Committee’s “Modified Mark” released November 14 would make sweeping changes to the tax treatment of executive...
Research & Insights
November 16, 2017 Incomes are up. Stocks are soaring. Home prices are back. So why do you feel like you have less money?Source: Dallas Morning News
Incomes are up, the stock market is soaring, and home prices have largely recovered from the mortgage meltdown. But Americans still haven't regained all the wealth they lost and, on the whole, are worse off than in 1998.
November 13, 2017 Included: Poor white Americans are getting poorer; what diversity numbers don't saySource: CNN
The wealth of low-income white people was cut almost in half since the recession while the wealth of black and Hispanic families in the same bracket remained stable.
November 6, 2017 Top 10 countries most attractive to renewable energySource: China Daily
China continues to be the world's most favorable market for renewable energy development and investment, according to a new study.
Commentary & Opinion
November 18, 2017 Tesla is 'going out of business,' says former GM exec Bob LutzSource: CNBC
Tesla is a "losing enterprise" that won't last, Bob Lutz, former vice chairman of General Motors, told CNBC on Friday. "There is no secret sauce in Tesla. They use the same lithium-ion batteries as everybody else," he said. He...
October 12, 2017 Why Nobel economist Thaler says he's nervous about stock marketSource: Chicago Tribune
"We seem to be living in the riskiest moment of our lives, and yet the stock market seems to be napping," Thaler said, speaking by phone on Bloomberg TV Tuesday. "I admit to not understanding it." ADVERTISING The S&P 500...
September 26, 2017 Josh Shapiro: The many layers of Equifax's corporate malfeasance | OpinionSource: Philly.com
Americans and Pennsylvanians just experienced the largest data breach in our country’s history. The Equifax data breach, affecting the personal, financial information of 143 million Americans and 5.4 million Pennsylvanians, is an...
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