(c) American Institute of Certified Public Accountants. Contact AICPA for permission to reproduce this article., Pensions

Cash Balance Plans for Professional Practices

By Allison L. Evans and James H. Irving Understand the rules for this leading form of retirement benefit. Cash balance plans offer owner-employees in professional practices a vehicle to defer tax on income well in excess of the annual contribution limits of traditional Sec. 401(k) and profit sharing plans. This option has become increasingly valuable… Read More Cash Balance Plans for Professional Practices

(c) Chartered Professional Accountants of Canada. Contact CPA Canada for permission to reproduce this article., (c) The Chartered Professional Accountants of Canada. Contact CPA Canada for permission to reproduce this article., Budgeting, Business Management, Pensions, Strategic Management, Tax

Financial News and Advice from CPA Canada

By Tamar Satov China’s wealthiest getting richer the number of billionaires in China has tripled in the past five years, according to the Hurun Report’s China Rich List 2013. It counts 315 billionaires — including real estate tycoon Wang Jianlin (above) with a chart-topping US$22 billion — among the country’s 1,000 wealthiest individuals, compared with 101 billionaires in… Read More Financial News and Advice from CPA Canada

(c) The Chartered Professional Accountants of Canada. Contact CPA Canada for permission to reproduce this article., Pensions

How They Handle Pensions in Iceland

By Lorie Murdock Although retirees in one of the smallest, most remote countries in Europe have plenty of recreational activities to keep them busy, many aged 60-plus also choose to work. As well as golfing, fishing, hiking, socializing in outdoor thermal pools or travelling, more than half of Icelanders between the ages of 60 and… Read More How They Handle Pensions in Iceland

(c) Chartered Accountants Ireland. Contact Chartered Accountants Ireland for permission to reproduce this article., Pensions

PENSIONS : Unprecedented times, Exceptional actions

By Munro O’Dwyer It is always debatable how best to deal with extreme events; however, for employers who provide defined benefit pension benefits for their employees, and for the trustees that oversee these schemes, it is impossible to downplay the magnitude of the financial storms of recent times. Cashflow pressure As we move through 2009… Read More PENSIONS : Unprecedented times, Exceptional actions

(c) Institute of Chartered Accountants of Scotland. Contact ICAS for permission to reproduce this article., Audit and Assurance, Pensions

PENSION TRUSTEES: EVALUATING YOUR SCHEME AUDITOR — ICAS GUIDE PUBLISHED

The Institute of Chartered Accountants of Scotland (ICAS) has recently issued a guide for pension trustees which is designed to assist them in managing and reviewing the service provided by the auditor of their pension scheme. The guide consists of two checklists, each with a series of questions which should be considered: • in an… Read More PENSION TRUSTEES: EVALUATING YOUR SCHEME AUDITOR — ICAS GUIDE PUBLISHED

(c) The Chartered Professional Accountants of Canada. Contact CPA Canada for permission to reproduce this article., Pensions

EXIT STRATEGIES : THE DO’S AND DON’T OF RETIREMENT PLANNING

CAs might pay more attention to their investments than the average person does, but are they as prepared for their retirement as they could be? By John Lorinc LIKE HUNDREDS OF THOUSANDS OF CANADIANS, northern Ontario CA Darryl Gagnier saw his outlook on retirement change dramatically after the meltdown on global equity markets this past… Read More EXIT STRATEGIES : THE DO’S AND DON’T OF RETIREMENT PLANNING