Financial Literacy


American companies can no longer afford to offer their employees adequate pensions, nearly three of four respondents (74%) said in an AICPA survey of CPAs serving as senior corporate executives ( www.aicpa.org/news/index.htm ). “This is a wake-up call,” said AICPA business and industry vice-president John Morrow. “Employees will have to find other ways to finance their retirement.” Fifty-nine percent of survey participants agreed, saying Americans will have to educate themselves about retirement savings strategies. To that end, the Web site of the AICPA’s 360 Degrees of Financial Literacy campaign ( www.360financialliteracy.org ) offers hundreds of free tools and resources to help consumers better understand and manage their personal finances. Volunteer opportunities are available for qualified CPAs; go to www.360financialliteracy.org/ for information on how you can help members of your community reach their lifetime financial goals.

SPONSORED REPORT

CPEOs provide peace of mind around payroll services

The creation of these new IRS-certified service providers for small businesses clarifies some issues around traditional professional employer organizations.

QUIZ

8 sentences to help you master subject-verb agreement

When professionals prepare written material for readers inside their organization or outside, they should make sure that no errors distract from the message they need to convey. Take this short quiz for practice in subject-verb agreement.