Data Point: 21


The average life span in months for a $1 bill.
 
The U.S. Mint, as directed by the Presidential $1 Coin Act of 2005, is promoting the use of dollar coins as a green alternative to the greenback. The mint says dollar coins last decades and that their use could save the government billions of dollars over many years. The Mint has minted more than 1 billion of the new presidential dollar coins since January 2007. Four designs are minted each year, honoring the presidents in the order in which they served.
 
Source: Bureau of Engraving and Printing, www.moneyfactory.gov; U.S. Mint, www.usmint.gov.

SPONSORED REPORT

2018 financial reporting survey: Challenges and trends

Learn the top reporting challenges that emerged in a survey of more than 800 finance, accounting, and compliance professionals across the world, and compare them with your organization's obstacles.

PODCAST

How the skill set for today’s CFO is changing

Scott Simmons, a search expert for large-company CFOs, gives advice for the next generation of finance leaders and more, including which universities are regularly producing future CEOs and CFOs.