Retirement


The President’s Commission to Strengthen Social Security calls for the establishment of “voluntary personal accounts” in which workers would own their contributions and be able to pass them on to heirs. The group has developed three model accounts and says any of them would bolster Social Security’s financial stability and increase benefits to participants. ( www.commtostrengthensocsec.gov/reports/Final_report.pdf )

PODCAST

What’s next for potential CPA licensure changes

A new model proposed by NASBA and the AICPA is designed with an eye on the future for newly licensed CPAs. The AICPA's Carl Mayes, CPA, provides background on the project and a look ahead to 2020.

VIDEO

What RPA is and how it works

Robotic process automation is like an Excel macro that can work on multiple applications, says Danielle Supkis Cheek, CPA. RPA can complete routine, repetitive tasks such as data entry, freeing up employee time from lower-level chores.