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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. 

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News & Updates

April 19, 2018 Tesla battery production is the real bottleneck, not Model 3 production, analyst says

Source: CNBC

Tesla's battery production for the Model 3 is the company's real obstacle to putting cars on the road, not Model 3 assembly itself, said Oppenheimer analyst Colin Rusch on CNBC's "Power Lunch."

April 19, 2018 Energy stocks are catching up to the oil rally – and a bigger breakout is coming

Source: CNBC

Crude has rallied more than 10 percent so far this year, including a nearly 2 percent rise on Wednesday that pushed West Texas Intermediate to its highest level since December 2014.

April 19, 2018 P&G to buy German Merck's consumer health unit for $4.2 billion

Source: Reuters

Procter & Gamble Co (P&G) has agreed to acquire Merck KGaA’s consumer health unit for 3.4 billion euros (2.96 billion pounds), giving it vitamin brands such as Seven Seas and greater exposure to Latin American and Asian markets.

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Research & Insights

April 13, 2018 Many state pension systems have huge funding gaps, liabilities, Pew report claims

Source: USA Today

A public employee pension crisis for state governments has deepened to a record level even after nearly nine years of economic recovery for the nation, according to a study released Thursday, leaving many states vulnerable if the...

April 13, 2018 “Is curing patients a sustainable business model?” Goldman Sachs analysts ask

Source: ArsTechnica

The investment banks’ report, titled “The Genome Revolution,” asks clients the touchy question: “Is curing patients a sustainable business model?” The answer is “no,” according to follow-up information provided

April 6, 2018 Survey: 7 in 10 North American Moms Buy Toys In Retail Stores Over Online

Source: PR Web

he responses were telling, with almost 70 percent of moms surveyed within the PTPA Network (69 percent) saying they purchase toys in brick and mortar stores rather than online, and the same number of moms indicating that it is...

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Commentary & Opinion

April 5, 2018 JPMorgan CEO Jamie Dimon talks China, trade and immigration in his annual letter

Source: Yahoo Finance

Stating that “U.S. global engagement is needed more than ever,” JPMorgan Chase CEO Jamie Dimon lays out a case for how trade issues with China should be addressed and why resolving immigration is so critical to our national...

March 6, 2018 Learning from the Dumb Money

Source: Institutional Investor

High-quality private wealth managers endeavor to understand their clients' goals and create an investment strategy that offers the best chance of achieving those goals.

February 26, 2018 We’re All Gun Owners, and Here’s Why

Source: Barron's

For many Florida teachers, it’s an indignity on top of tragedy. Inside their retirement plans, they hold stock in the companies that make the AR-15 rifle, the weapon used to kill 17 of their students and colleagues at Stoneman...

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