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The article describes the case of how Loyola Marymount University implemented a decentralized budget. According to the author, Loyola Marymount University's budgeting process is a complicated, university-wide effort that aims to align the university's financial plan with the strategic academic plan. The author reports that the performance management system has provided transparency and produced a definitive measurement of the university's fiscal strength.

The article reports on the decision of the Los Angeles Unified School District to disclose its retirement plan to its employees. Specifically, the school district is having its provider, American International Group, list the revenue-sharing fees for each of the funds in its new retirement plan to employees in every communications piece they receive.

Focuses on the financial profile of a gay man employed by a major movie studio in its special events department in Los Angeles, California. Consideration of his earning potential, savings, investments, retirement plan, insurance coverage, and tax obligations in creating a financial plan; Importance of partnering with a financial advisor to create, execute, and monitor the plan; Plans of the gay man to buy a condominium in the near future.

This article offers a financial plan for actors who want to move to New York or Los Angeles, California. Actors wishing to relocate in the area should be debt free and have a savings account with a minimum of 6,000 dollars to keep afloat for the first six months. The may need to pay a broker's fee, and also often have to pay the first and last month's rent plus a security deposit. Actors may still find bargains in south-of-125th-Street Manhattan, but most actors on a budget reside in Washington Heights, Inwood, Brooklyn, Queens, or Staten Island. In Los Angeles, actors find better deals in Valley locations such as Burbank, Studio City, Sherman Oaks, and Van Nuys.

This section offers news briefs in the accounting industry as of July 21, 2008. The University of California Los Angeles has partnered with Dalton Education to offer an online certification program in personal financial planning. A study conducted by the Income Management Strategies Division of Massachusetts Mutual Life Insurance Co. identified annuity income strategies as the best retirement strategy. The American Institute of Certified Public Accountants has selected Paychex to administer 401(k) plans to its members.