{"id":46543,"date":"2015-12-14t12:20:16","date_gmt":"2015-12-14t17:20:16","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=46543"},"modified":"2015-12-21t14:09:29","modified_gmt":"2015-12-21t19:09:29","slug":"what-we-learned-in-2015-3-accounting-lessons-from-greece-financial-crisis","status":"publish","type":"post","link":"\/\/www.g005e.com\/2015\/12\/14\/what-we-learned-in-2015-3-accounting-lessons-from-greece-financial-crisis\/","title":{"rendered":"what we learned in 2015: 3 accounting lessons from greece financial crisis"},"content":{"rendered":"
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hunt<\/figcaption><\/figure>\n

and what clients need to know for 2016.<\/strong><\/p>\n

by alisa hunt
\npost university<\/a><\/em><\/p>\n

on august 20, greece avoided \u2013 just barely \u2013 \u00a0defaulting on its debt by making a payment to the european central bank towards the billions it received in aid from several european countries. it\u2019s the latest chapter in the country\u2019s economic downfall, and still, not a major step forward as this payment only repays existing debt and does not aid in rebuilding greece\u2019s broken economy.<\/p>\n

it\u2019s going to take years, decades even, to stabilize the country\u2019s financial wellbeing. even then, greece will have shattered any credibility it might have had with european leaders, banks, and the rest of the world.<\/p>\n

countless articles have been written on how a lack of accountability, transparency, and general financial literacy within greece\u2019s government caused the situation to continuously decline, and for good reason: what happened to greece can happen on a personal scale.<\/p>\n

here are the most important lessons to take away from the fallout in greece.<\/strong><\/p>\n

read more →<\/a><\/strong><\/p>\n