Data Points


70
Cents worth of debt per dollar of assets carried by average American 25- to 34-year-olds in 2005.

30
Cents worth of debt per dollar of assets carried by the same group in 1985.

Source: Waiting to Save: A Crisis of the Young, Beacon Economics survey commissioned by the AICPA.

SPONSORED REPORT

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.

PODCAST

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.