Data Point


$2.4 Trillion
Total assets of 401(k) plans at the end of 2005.
The average account balance increased 50%
from 1999 to $102,014. Sixty-eight percent of
assets were invested in equities.

Sources: Investment Company Institute/
Employee Benefit Research Institute.

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.