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AICPA News Update - April 13, 2012 

Survey Shows Americans Will Protect Retirement Accounts over Non-Essential Spending 
Published April 13, 2012

AICPA
       
  AICPA
AICPA News Update
A Weekly Email Newsletter on Issues & Events Surrounding the CPA Profession
 
 
 
  In This Update: April 13, 2012 - Volume 15 No. 14  
 
AICPA Survey for Financial Literacy Month: Americans Value Retirement Accounts
WLIFE Award Winners Ring Opening Bell at NYSE
AICPA Submits Comment Letter on GASB’s Financial Projection Proposal
Free Webcast: Explore the Global Economic Outlook Forecast Survey Results
We Want Your Quotes: Tell Us What the AICPA’s 125th Anniversary Means to You
Catch Up on AICPA Insights Blog Posts
       
 
AICPA Survey for Financial Literacy Month: Americans Value Retirement Accounts
 

Americans are more willing to give up eating out at restaurants and technology such as cell phones and cable TV than to stop saving for retirement in a financial pinch, according to a survey conducted for the AICPA by Harris Interactive for Financial Literacy Month, which is celebrated in April by presidential proclamation. An overwhelming majority of the 2012 poll participants, 94%, said they have some kind of financial concern. Read this JournalofAccountancy.com article for more information.

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WLIFE Award Winners Ring Opening Bell at NYSE
 

The AICPA, the Society for Human Resource Management and the winners of the 2011 Workplace Leaders in Financial Education (WLIFE) Award rang the Opening Bell at the New York Stock Exchange (NYSE) on April 9, to honor the winners and help kick off the NYSE's Financial Literacy Week. Watch a video of the opening ceremony. Year two for the WLIFE awards will begin later this month. The WLIFE award honors employers with exemplary employee financial education programs.

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AICPA Submits Comment Letter on GASB’s Financial Projection Proposal
 

In its March 16 letter, the AICPA’s State and Local Government Expert Panel strongly encouraged the Governmental Accounting Standards Board (GASB) to categorize the proposed components of information intended to assess a state or local governmental entity’s fiscal sustainability as supplementary information rather than required supplementary information. The AICPA recommended that GASB provide criteria for when such supplementary information would be voluntarily included. GASB released the document, Economic Condition Reporting: Financial Projections Preliminary Views, on November 29, 2011, for comment. Members of the AICPA also testified at the GASB’s March 29 public hearing on this topic.

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Free Webcast: Explore the Global Economic Outlook Forecast Survey Results
 

AICPA members can join this free (without CPE), webinar, CGMA Global Economic Forecast - Q1, to be held 11 a.m. to 12 p.m. ET on April 18. Learn more about the CGMA Global Economic Forecast survey results and the implications of current economic developments on business; what CGMA executives from around the world are saying about their plans for revenues, profits, spending and hiring; CGMAs’ views on inflation, financing and other pressing challenges; and the latest global economic and political developments and their implications for business. CGMAs will earn one free CPE credit hour.

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We Want Your Quotes: Tell Us What the AICPA’s 125th Anniversary Means to You
  The AICPA celebrates its 125th anniversary this year. Members soon will hear more about the many commemorative activities scheduled to begin in late May. As part of the year-long milestone, we want to include members’ celebratory thoughts on the AICPA, the profession and what it means to be a CPA. If you would like to share your insights with colleagues, fellow members and others, send an email with your quote or comment of up to 30 words to cpaletter@aicpa.org. The AICPA will not be able to respond to all submissions; by sending such an email you grant the AICPA the unrestricted right to use, edit, reproduce and distribute the quote or comment in any materials or communications related to the 125th anniversary. Not all submissions will be used.
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Catch Up on AICPA Insights Blog Posts
 

The AICPA’s official blog, AICPA Insights, offers timely posts on the CPA profession and trends that are impacting it. Catch up on these posts you might have missed. Be sure to see every post by signing up for AICPA Insights’ RSS feed or email subscription. Interested in blogging for AICPA Insights?

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