Advisory

 With Summer Comes Sun and Financial Stress for Many Americans

July 14, 2014 

With Summer Comes Sun and Financial Stress for Many Americans

While summer has traditionally brought with it anticipation of warm weather, beach vacations, and Bar-B-Ques, a new survey shows that it also brings one more thing: financial anxiety. Fifty-nine percent of Americans said their financial tension during the summer matches or exceeds their stress during the year-end holiday season, according to a new telephone survey...…

Taija Sparkman

 Americans More Confident in Personal Finances, Savings

July 14, 2014 

Americans More Confident in Personal Finances, Savings

Sixty-four percent of respondents have some type of emergency savings – even if it’s less than three months’ expenses, found the latest results of Bankrate's Financial Security Index. The monthly survey also found measures how secure Americans feel about their personal finances compared with 12 months ago and is conducted via telephone interviews conducted by…

Taija Sparkman

 Starting a Qualified Plan for a Small Biz? It’s SIMPLE

June 30, 2014 

Starting a Qualified Plan for a Small Biz? It’s SIMPLE

SIMPLE. The name says it all. It stands for Savings Incentive Match Plan for Employees, a contrived moniker, but you get the picture. This type of qualified retirement plan, created back in 1996, is designed to provide an easy and convenient retirement plan option for small business operations.

Ken Berry, JD

AcctWorld-062014

June 25, 2014 

AccountantsWorld Partners with HBK CPAs

Cloud accounting and payroll software maker AccountantsWorld is partnering with HBK CPAs & Consultants (HBK), a Top 100 accounting and wealth management services firm based in Youngstown, Ohio.

 Analytical Consumers Do Better Financially

June 25, 2014 

Analytical Consumers Do Better Financially

New research by Money Anxiety shows that analytical consumers earned an average of $139 a year in interest income on a $10,000 certificate of deposit compared to only $62 in annual interest income earned by consumers who made an impulsive decision to move their money to liquid bank accounts such as checking, savings and money…

Isaac M. O'Bannon

Bruebaker20Gary1

June 24, 2014 

Financial Accounting Foundation Names New Member to Board of Trustees

The Financial Accounting Foundation (FAF) today appointed Washington State investment official Gary H. Bruebaker to the FAF Board of Trustees, effective July 1. Bruebaker currently is the chief investment officer for the Washington State Investment Board in Olympia, Washington.

 University of Maryland Wins KPMG Case Study Competition

June 24, 2014 

University of Maryland Wins KPMG Case Study Competition

The University of Maryland's Robert H. Smith School of Business has won the 2014 KPMG/NABA Case Study Competition. The award, presented by Big Four audit, tax and advisory firm KPMG and the National Association of Black Accountants was presented during a two-day event held during the annual NABA Conference & Expo in Washington, D.C. last…

 KPMG Acquires Zanett Commercial Solutions

June 23, 2014 

KPMG Acquires Zanett Commercial Solutions

Big 4 accounting and consulting firm KPMG LLP has acquired Zanett Commercial Solutions, a Cincinnati-based business and technology consulting firm. This transaction, which was finalized on June 20, broadens the depth of KPMG's technology-enablement solutions that help clients improve performance, maximize revenue and manage risk as they transform their business.