Generally accepted accounting principles, or GAAP, serve as guidelines for businesses large and small in reporting financial information to outsiders. GAAP's objective is to guarantee that current or ...

A National Bureau of Economic Research paper highlights new research on how to overcome contractual incompleteness. Traditional contracting approaches have inherent flaws and a “new approach” that ...

If you were to ask a number of your employees to describe your organization’s culture in five words, would their lists be consistent? It’s an exercise worth trying, and if your company is typical in ...

We trust accountants to handle their jobs – managing not only our financial affairs but also those of the companies in which we invest and the governments we need to trust – in an ethical, independent ...

According to a 2013 Strategy&/Katzenbach Center survey of global senior executives on culture and change management, the success rate of major change initiatives is only 54%. This is far too low. The ...

Existence of an expectation that disclosures remain confidential is an important consideration. Even in the absence of a legal agreement, it still may be relevant to determine whether any policies or ...

Agriculture has changed dramatically over the past 80 years, yet farm and commodity programs are Depression-era relics that are grounded in central-planning philosophies. Even some policymakers who ...

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In August, Mountain States Healthcare Alliance, a 13-hospital integrated healthcare delivery system based in Johnson City, Tenn., received the 2012 National Quality Healthcare Award from the National ...

At the World Economic Forum on Tuesday, IBM CEO Ginni Rometty laid out three principles to guide technologists for responsible AI use as cognitive abilities continue to develop. As AI continues its ...

Fifteen years ago, the United Nations Human Rights Council did something it almost never does: it endorsed a major normative ...