Can You Spare a Dime?


NUMEROLOGY

The answer would be “no” for 22% of consumers in the United States, according to a global online survey. Once they paid their basic living expenses, they had no money left over.

Other countries have the same problem, with Portugal tying the United States. Canada (19%), the United Kingdom (17%) and France (16%) all felt the pinch, as well as the Netherlands (15%), Turkey (14%) and Germany (13%). Chile and South Korea tied for the lowest percentage of pocket-poor people (12%).

Source: ACNielsen Online Consumer Confidence Study, www.acnielsen.com , 2006.

You’re Invited
Do you have an amusing story to share? We’re looking for funny or enlightening anecdotes about the CPA workday to include in Top Line. Send entries to joaed@aicpa.org .

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.