Travel With Confidence


Americans spent more than $1 billion on travel insurance in 2004, more than 80% of it on per-trip policies that included cancellation coverage. The U.S. Travel Insurance Association says the top misconception consumers have about the need for travel insurance is that credit card companies or travel suppliers such as airlines or cruise lines will reimburse those who have to cancel trips. Despite this, more leisure travelers taking cruises, air/tour vacations and international trips last year did choose to protect their travel investment. An association survey showed 30% of them purchased travel insurance coveragea significant increase from the estimated 8% to 10% of travelers who did so before September 11, 2001.

SPONSORED REPORT

Revenue recognition: A complex effort

Implementing the new standard requires careful judgment. Learn how to make significant accounting judgments and document them and collaborate with peers for consistent application.

VIDEO

How to Excel pivot a general ledger

The general ledger is a vast historical data archive of your company's financial activities, including revenue, expenses, adjustments, and account balances. J. Carlton Collins, CPA, shows how to prepare data for, and mine data with, PivotTables.

QUIZ

News quiz: Taking an economic snapshot and looking to the future

Recent news included IRS actions that affect individuals and partnerships and a possibly influential move by a Big Four accounting firm.Take this short quiz to see how much you know about the news.