Wealth management

A new study from Fidelity Investments found that 401(k) investors who pulled out of the equities market during the 2008-2009 economic downturn experienced only 2 percent growth, while those who maintained their investment strategy eventually saw growth of 50 percent by the second quarter of this year.

The Financial Accounting Standards Board and the International Accounting Standards Board have updated the computer-readable tags for their accounting standards and exposed them for public comment.

SEC ADOPTS 'LARGE TRADER' REPORTING RULE

The family office was frequently a separate entity, with employees ranging from a chief executive or chief financial officer, to a staff of bookkeepers and personal assistants who could do everything from monthly financial statements to booking travel and personal-care appointments.

IMGCAP(1)][IMGCAP(2)]In the last month, the Dow Jones Industrial Average has dropped by more than 10 percent, and that significant change has investors and market participants on edge, concerned with what stock market volatility will do next and what repercussions it will have on the economy more generally.

Registered investment advisory-focused consulting firm RIA In A Box has introduced a bookkeeping service.

IMGCAP(1)]The SEC's proposed changes to broker-dealer financial reporting regulations could have a major impact on auditing firms that service broker-dealers.

IMGCAP(1)]Limited capital is a reality of business.

IMGCAP(1)]If there ever were a “good year to die,” that would have been 2010.

Non-GAAP earnings numbers are better at predicting a company’s future earnings potential, but they are more subject to opportunistic manipulation and insider trading, a new study finds.

The American Institute of CPAs has written a letter to the Internal Revenue Service asking the IRS to extend the due dates for filing the estate tax form for last year and this year and for a new form for allocating the increase in basis for property acquired from a decedent.

BNA forecasts that wages in the private sector will begin to grow by early 2012.

The Securities and Exchange Commission’s new whistleblower program took effect Friday, and the SEC has created a new Web page where people can report a violation of the federal securities laws and apply for a financial award.

Rising home prices, combined with a slight improvement in real wages, have led Deloitte to post an increase in its Consumer Spending Index in July for the first time since January.

Fifty-eight percent of parents don’t have a college education fund established for their children, according to a new survey.

Despite the debt limit deal that Democrats and Republicans in Congress managed to hammer out at the 11th hour this week, the U.S. Treasury is still facing the threat of a credit rating downgrade.

Deloitte Touche Tohmatsu Limited plans to work with a nonprofit organization on developing disclosures by companies of their water usage as fresh drinking water increasingly becomes a scarce resource.

After the passage of a New York State law allowing same-sex couples to marry, a New York City wealth management firm has named a new CPA partner to provide same-sex couples with financial planning advice.

Women are less likely than men to concentrate on financial planning, according to a new survey on financial wellbeing and health.

With the current gift tax exclusion amount set at a record-high $5 million, many taxpayers appear to consider the gift tax no longer relevant to their planning. That may be a mistake.