Are Extended Warranties Worth The Cost?


Should I purchase an extended warranty when I buy a new computer?

In my opinion, no. I know they sound awfully attractive. After all, wouldn’t it be great to just pick up the phone and have the insurance company send a repairperson?

But in my experience and in the experience of the editors of Consumer Reports, new computers—and all high-tech items, for that matter—fail so infrequently after the manufacturers’ warranties run out that the insurance policies are almost never used. Most such policies often produce a bigger profit for the retailer than does the computer itself.


6 key areas of change for accountants and auditors

New accounting standards on revenue recognition, leases, and credit losses present implementation challenges. This independently-written report identifies the hurdles that accounting professionals face and provides tips for overcoming the challenges.


How tax reform will impact individual taxpayers

Amy Wang, a CPA who is a senior technical manager for tax advocacy at the AICPA, answers to some of the most common questions on how the new tax reform law will impact individual taxpayers.