Has Profit Become Passé?

Has Profit Become Passé?

Groupon has never turned a net profit despite $15 billion in sales since 2012 In last week's message, we described the six steps of The Value Cycle and explained how a firm sacrifices some of the value...

da Vinci's Accountant

da Vinci's Accountant

In his new biography of Leonardo da Vinci, Walter Isaacson mentions a note among the great artist's papers: "Learn multiplication using the root method from Maestro Luca".  da Vinci was referring to Maesto Luca Pacioli....

Scoring Value at the World Cup

Scoring Value at the World Cup

Before winning the Soccer World Cup, France coach and former captain Didier Deschamps said: “I hope the players benefit from my experience, but this is their final. It is something they have worked for”.In the victory...

Surrounded by The Magic of Learning

Surrounded by The Magic of Learning

There’s something special about being surrounded by over 10,000 people, all gathered in the cause of learning.That’s how it was for members of our global team last week in Atlanta, Georgia at the Association for...

Help with your finances during Covid-19

Help with your finances during Covid-19

We hope that you are feeling positive and strong as you manage your response to the coronavirus pandemic.We, like so many people, want to contribute to our community in the way we can.Covid-19's financial impact...

A'Counting Our Blessings

A'Counting Our Blessings

In this holiday season, we would like to take a moment to do the most important accounting task of all: counting the blessings we all enjoy and share.Among the greatest of those blessings are the...

Bill Gates's Pillow

Bill Gates's Pillow

You don’t have to indulge less to get your financial house in order. There's no need to groan at the thought of a financial diet, or worry about your staying-power to spend less. No financial celery sticks needed....

Anna Karenina and How We Cracked    Accounting Education

Anna Karenina and How We Cracked Accounting Education

Many consider it to be the greatest work of literature ever, Leo Tolstoy's Anna Karenina.  Its opening line stands out amongst famous opening lines:"All happy families are alike; every unhappy family is unhappy in its...

Theory Of Mind and Accounting

Theory Of Mind and Accounting

Photo by Thu Anh on Unsplash Earlier this week, sitting on my balcony on a gorgeous early summer day, sipping a crushed lemon drink, I was showing a psychiatrist friend how accounting and personal finance...

Happy Birthday, Periodic Table

Happy Birthday, Periodic Table

You will likely remember the Periodic Table of Elements from your schooldays. Well, it just turned 150. It marked a milestone in the history of science. And what a thing of beauty the Table is......

Surprise, Surprise

Surprise, Surprise

The chills that music can give us are a neurological reaction to surprise.  When the music takes an unexpected turn, a change in key, or a sudden high-note switch to a low, we can feel...

We Love What You Did, Mr Bogle

We Love What You Did, Mr Bogle

You gotta love a guy who saves you $1 trillion, and who doesn't even get particularly rich in the process.  Jack Bogle, who died last month aged 89, founded the Vanguard Group asset management company. With it...

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