Economy

A&A

Public unions, the economy, and what's at stake for companies now

It's a story that's playing out across the country – cash-strapped governments are scrambling to balance their budgets while hamstrung by the contracts of current and retired public union workers.
3692
Wealth management

Number of U.S. millionaires expected to double before end of decade

A new report from the Deloitte Center for Financial Services suggests the total wealth among millionaire households could more than double over the next decade in 25 major economies, growing from an estimated $92 trillion this year to $202 trillion in 2020.
3911
A&A

Debit cards rewards may be gone; more changes coming

JPMorgan Chase has announced that it will end its popular debit card rewards program for existing customers on July 19. Wells Fargo, SunTrust, and PNC have announced that they will either end their rewards programs or close them to new customers.
5927
A&A

Positive outlook for economy, particularly manufacturing

After a dip in confidence four months ago which raised doubts over the sustainability of the global economic recovery, optimism again appears to be back in fashion across virtually all key markets.
3898
A&A

Many baby boomers see retirement delayed at least four years

Half of Baby Boomer clients who have postponed retirement due to the economic downturn expect to work at least four years longer than they originally planned, according to CPA financial planners surveyed by the AICPA.
3984
A&A

SEC Shadow NAV rule means greater transparency for investors

The Securities and Exchange Commission (SEC) has announced that, for the first time, investors can access detailed information that money market funds file with the Commission.
3840
Tax

CFO survey: U.S. leads Europe in economic, business confidence

Chief Financial Officers in the United States lead CFOs in Europe in optimism, access to credit, and plans for hiring new workers, according to a recent survey. Despite their differences, U.S. and European CFOs share some of the same business challenges and economic worries as they kick off 2011.
4372
Practice

Small business employment index indicates job growth in January

Small business employment continued to show encouraging growth in January, with hours worked showing a strong increase as wages grew slightly, according to a recent survey.
3158
A&A

Deloitte CFO Vision Poll: Midterm elections improve business outlook

Despite the fact that more than 70 percent of chief financial officers at Deloitte's annual CFO Vision conference believe current government financial policy has either had no effect or negatively impacted their business, the tide is turning toward a more positive outlook.
2669
Education & Careers

Small business employment index indicates 49,000 new jobs; wages down slightly

Small business employment continued to show growth in November, although wages were down and hours worked remained flat, according to this month's Small Business Employment Index by Intuit Inc.
3525
A&A

Employment, pay improves for small businesses in October

Small business employment growth and compensation picked up in October with a strong uptick in hours worked.
3045
A&A

Consumers expected to tighten belt with holiday spending budgets

While the National Retail Federation is predicting a modest 2.3 percent increase in holiday retail sales this year, some consumers are not planning to open their wallets too far – or at all.
2276
Practice

Economic confidence rises in Q3; CFOs plan to hire

Chief financial officers are slowly but surely easing from the recession, and are finding new opportunities to hire, despite unemployment levels remaining historically high.
2126
Practice

More accounting and finance workers confident in ability to find new job

The Accounting and Finance Employee Confidence Index increased 0.6 points to 53.9 in the third quarter of 2010, according to a recent survey. The index is a measure of overall confidence among U.S. accounting and finance workers.
5637
A&A

Rosenberg MAP Survey: CPA firms weather recession nicely

The recession hit the CPA industry with full force in 2009, and the results were quite different than in years past. Growth for CPA firms has been steady for 20 years or more, so firms had to rapidly adapt to the reality that the gravy days are gone for the time being.
5618
A&A

BP oil spill investment scams make an appearance

The Securities and Exchange Commission is alerting individuals and small businesses about potential investment frauds targeting those who receive lump sum payouts from BP due to the oil spill in the Gulf.
2732
A&A

Japan’s economic crunch, its effect on the U.S.

Growing concerns have compelled the Bank of Japan’s policy board to take significant steps to jumpstart its faltering economy. The bank calls its multi-pronged strategy a “comprehensive monetary easing policy.”
3043
A&A

CAQ survey: Investors remain confident in U.S. companies and audited information

Despite fluctuating markets over the past year, individual investors remain confident in investing in U.S. companies that are publicly traded and in audited financial information.
1876
A&A

Survey: Most finance executives confident in business growth

Financial executives are more optimistic today than they were this time last year. More than 80 percent of financial leaders surveyed worldwide are at least somewhat confident in their companies' growth prospects.
2361
Tax

Revenue worries don't stop states from offering tax holidays

Taxpayers in 16 states will get sales tax breaks on the purchase of various school-related purchases during certain dates in July and August.
2721

Pages

Voice of the Editor

Results from a recent AICPA survey disclosed the two top priorities for CPA firms as they plan for the future: bringing in new business and finding talent. Our goal at Sift Media is to help our readers deal with the issues most important to them. One way in which we are doing this is through the launch of our new recruitment/placement service, Going Concern Jobs. Check it out today for your talent needs.
Read more
Gail Perry, CPA
Publisher/Editor-in-Chief, AccountingWEB
editor@accountingweb.com
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