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 ...

As we began the process of building this new strategic plan, we needed to ensure that our work would be based on guiding principles that reflected Pratt’s self-understanding and our role in the world.

Developed by the Aspen Institute Education & Society program with a group of diverse state policymakers, the Opportunity to Learn principles offer a road map for education stakeholders to reenvision ...

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 ...

Every small business owner wants to succeed. Why put your blood, sweat, and tears into launching a new venture, only to watch it fail? And yet, many of them do. Over the years, I have worked with ...

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 ...

The events of the past two months have left many in our community stunned and uncertain about the future of higher education in our nation and our ability as a university to effectively pursue our ...

Opinions expressed by Entrepreneur contributors are their own. Defining your beliefs and guiding principles is important to running a successful business. If you don’t define your beliefs, others–be ...

Yes, that’s right, leadership is easy. After all, we all know what it is or, at the least, what we want it to be. And, there’s definition after definition from book after book that tells us exactly ...

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 ...

Subscribe to BizTimes Daily – Local news about the people, companies and issues that impact business in Milwaukee and Southeast Wisconsin. Organizations value teamwork as a primary vehicle to advance ...