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Smart Spending Is Savings Strategy, AICPA Poll Shows
As the U.S. economy slows, more and more Americans are cutting back on spending to in order to save money, according to a recent nationwide survey conducted by Harris Interactive for the AICPA.



  News & Insights

Jump$tart Gives Award to CPA
Stanley Breitbard, a founding member of the American Institute of Certified Public Accountants' National CPA Financial Literacy Commission, has received the 2008 William E. Odom Visionary Leadership Award from the Jump$tart Coalition for Personal Financial Literacy. He is the first certified public accountant to receive the award.

Poll: More Using Tax Refunds for Bills
One in three people say they will use this year's tax refund to pay bills as that nice annual check from Uncle Sam becomes less of a luxury for many people.

AICPA, U.S. Labor Department Online Resource Helps Small Businesses Understand Retirement Options
The AICPA and the U.S. Department of Labor have released "Choosing a Retirement Solution for Your Small Business," an online video that helps small employers and accountants understand the various options for providing a retirement program for employees.

Employees Seek More Financial, Retirement Advice in Workplace
Workers are increasingly looking for their employers to give them access to financial planning and retirement advice, according to a study.

AICPA Says More Americans Delaying Major Life Decisions Due to Financial Concerns
Four in 10 American adults are holding off on major life decisions either because they are financially strapped or worried about the U.S. economy.

Younger Generations Not Saving Enough
Members of Generations X and Y, acknowledging that they need to pick up the slack when it comes to planning for their futures, are thinking about retirement and have defined financial goals -- but they aren't saving enough, according to a new report.

FASB Proposes Postretirement Disclosures
The Financial Accounting Standards Board has issued FASB Staff Position (FSP) No. 132(R)-a, Employers' Disclosures about Postretirement Benefit Plan Assets.

Employers Enhancing 401(k)s to Compensate for Retirement Plan Changes
Many companies that shift from traditional defined benefit pension plans to defined contribution plans, such as 401(k)s, are enhancing contributions to their defined contribution plans.

JA Launches New Financial Literacy Program
Junior Achievement has launched a new financial literacy intiative designed to mobilize volunteers who can help Americans improve their financial literacy and assist those facing foreclosure with tools to help them keep their homes.

APA Launches Accounts Payable Association
The American Payroll Association has formed a new group for accounts payable professionals.

WSJ Editor to Speak at FPA Retreat
Jerry Seib, the executive editor for the Washington bureau of The Wall Street Journal, will be speaking at the Financial Planning Association's upcoming Retreat 2008, May 31-June 4 in Ft. Lauderdale, Fla..


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