Fiscal control boards follow a globally tested formula that is well-known for not being effective in improving the quality of life of the population: austerity. (ThoroughlyReviewed via Visual Hunt) ...

Puerto Rico is spiraling out of control and the Federal government will not break the fall. Island leaders may not have the will, popular support, or financial tools to pay down the $72 billion debt.

Every business, regardless of its size and industry, needs to have a financial controls policy in place. Its role is to provide guidance on the keeping of financial accounts and records, payments, ...

Congress created a nonprofit group to oversee financial reporting processes of public companies in an effort to ensure that investors and consumers are treated fairly and the information they receive ...