Data Point


$2.4 Trillion
Total assets of 401(k) plans at the end of 2005.
The average account balance increased 50%
from 1999 to $102,014. Sixty-eight percent of
assets were invested in equities.

Sources: Investment Company Institute/
Employee Benefit Research Institute.

SPONSORED REPORT

How the election may affect taxation of business income

This report summarizes recent proposals to reform the U.S. business income tax system and considers the path to enactment of any such legislation.

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

Did you follow 2016’s biggest accounting news?

CPAs will remember 2016 as a year of new standards and new faces. How well did you follow the biggest accounting events? The 7 questions in this quiz will help you find out