In a recent AICPA/Harris Poll survey, nearly half of U.S. adults (48 percent) said they believe that a volatile market gives them an easy opportunity to make a profit. The survey also found that three in ten Americans involved in household investment decisions (28 percent) say they never do research into investment strategies and potential investment opportunities.
Other key findings of the survey:
- Cryptocurrency appears to be foreign to many investors. The survey found that nearly half of U.S. adults (48 percent) are not familiar with Bitcoin, Ethereum, or Litecoin.
- A steady annual return (36 percent) was the top investment decision consideration Americans cited in the survey, followed closely by understanding investment fundamentals such as risk level and expected return (35 percent).
- Nearly a third of Americans involved in the investment decision making in their household (32 percent), typically make high risk investments.
Advances in technology continue to impact the accounting profession, and CPA firms are shifting their hiring models to focus more on technology skills. Non-accounting graduates comprised 31 percent of all new graduate hires in public accounting in 2017-2018, up 11 percentage points from 2016 to 2018.
The AICPA Tax Reform Resource Center is your home for comprehensive coverage on tax reform. This page is your go-to for news, resources, videos, podcasts, learning, and AICPA advocacy positions. Bookmark this page and visit often for updates.
With cyberattacks on the rise, organizations are looking at how to best protect their client and customer information – and inform stakeholders of their efforts. The AICPA provides resources to help organizations and businesses, including CPA firms, assess risks. We’re also assisting CPAs as they provide advisory or assurance services on clients’ risk programs.
AICPA Insights Blog
Cyber Security and the Accounting Profession.
Sue Coffey, CPA, CGMA, Executive Vice President - Public Practice, AICPA
Amy Pawlicki, Director - Business Reporting, Assurance & Advisory Services - AICPA
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