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 changesA 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 worksRobotic 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.