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Get Accountability, Accounting News, Disclosure, Financial Reporting Articles, News, Journal, Research updates - Accountability Central

“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

February 15, 2019 German economy narrowly avoids recession

Source: BBC

Europe's largest economy registered zero growth during the fourth quarter of 2018, the country's Federal Statistics Office said.

February 15, 2019 In China, government policies, rather than GDP numbers, tell us most about markets

Source: South China Morning Post

Crosscurrents is also an apt descriptor for what is happening within the Chinese economy. On the one hand, the government aims to support the economy. On the other hand, the importance of controlling systemic risks limits the use...

February 15, 2019 Coke says global slowdown will be a drag on 2019. Stock has worst day in 10 years

Source: CNN

New York - Coca-Cola issued a disappointing forecast of 4% growth in 2019 due to the global economic slowdown, a strong dollar and political uncertainty.

Research & Insights

February 13, 2019 NY Fed: Auto loan delinquencies at highest point since 2010

Source: Fox News

DETROIT – Borrowers are behind in their auto loan payments in numbers not seen since delinquencies peaked at the end of 2010, according to the Federal Reserve Bank of New York.

January 31, 2019 U.S. added 213,000 private-sector jobs in January, ADP says

Source: MarketWATCH

Companies in the U.S. added 213,000 jobs in January, ADP reported Wednesday, another strong reading that suggests little letdown in a steadily growing economy.

January 30, 2019 U.S. consumer morale at one-and-a-half year-low; house price gains slow

Source: Reuters

WASHINGTON - U.S consumer confidence fell to a 1-1/2 year-low in January as a partial shutdown of the government and financial markets turmoil left households a bit nervous about the economy’s prospects.

Commentary & Opinion

February 15, 2019 In China, government policies, rather than GDP numbers, tell us most about markets

Source: South China Morning Post

Crosscurrents is also an apt descriptor for what is happening within the Chinese economy. On the one hand, the government aims to support the economy. On the other hand, the importance of controlling systemic risks limits the use...

February 14, 2019 Commentary: Are we ready for the next major financial crisis?

Source: Channel News Asis

CAMBRIDGE: A decade on from the 2008 global financial crisis, policymakers constantly assure us that the system is much safer today. The giant banks at the core of the meltdown have scaled back their risky bets, and everyone –...

February 13, 2019 Why Tech Companies Hire So Many Economists

Source: Harvard Business Review

Over a recent coffee discussion, the COO of a multi billion-dollar tech company told us he was interested in building an internal team of economists. He had collaborated with economists before and was excited about the results....




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