Financial planning


Data security and regulatory oversight are the top factors contributing to rising investor confidence in U.S. stock exchanges, according to a Center for Audit Quality (CAQ) pulse poll.

Seventy percent of investors responding to the CAQ’s 2014 Main Street Investor Survey said they have a great deal, quite a bit, or some confidence in stock exchanges. That was a jump of 15 percentage points from the 2013 survey.

In the subsequent pulse poll of 375 investors, respondents said the following key factors are very important to investor confidence in exchanges:

  • The security of the data that move through the exchanges (75%).
  • The regulatory oversight of the major exchanges (59%).
  • The longevity/stability of these exchanges (58%).
  • How well stocks are performing on major U.S. exchanges (48%).
  • The public companies that are traded on these exchanges (42%).
  • The prestige of these exchanges (28%).

Investors are defined in the survey as adults over age 18 who are primary decision- makers in households with $10,000 or more in investments.

“Our survey indicates extraordinary growth in investor confidence in stock exchanges,” CAQ Executive Director Cindy Fornelli said in a news release. “… The factors behind this increase go well beyond market performance.”

The CAQ is affiliated with the AICPA.

The full survey report is available at tinyurl.com/ktl9xya.

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