==== Front Adv Cogn PsycholAdv Cogn PsycholacpAdvances in Cognitive Psychology1895-1171University of Finance and Management in Warsaw 10.5709/acp-0232-5EditorialDear Readers, Authors, Reviewers and Editorial Board Members of Advances in Cognitive Psychology Ulrich Ansorge, Editor in Chief, E-mail: ulrich.ansorge@univie.ac.at or Rob van der Lubbe, Co-Editor in Chief Email:R.H.J.vanderLubbe@gw.utwente.nl31 3 2018 2018 14 1 1 2 Copyright: © 2018 The Authors2018This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/). In this first newsletter of 2018, we wanted to inform you about the current status of the journal. As our co-editor in chief (RL ) recently moved from the University of Finance and Management (UFMFM) in Warsaw to the Adam Mickiewicz University (AMU) in Poznań, the ownership of the journal or the editorial board might possibly change in the near future. Currently, different options are explored, and we will keep you informed on future changes. These changes may also have an impact on article processing fees (see also below). ==== Body Performance of the journal in 2017 This year, the Impact Factor (1.357) of ACP was slightly lower than in 2016, but it appears to be relatively stable. The number of submissions is comparable to that of the last year, as we received 90 submissions. Of these submissions, 12 were accepted (13%), 10 rejected as inappropriate for our journal (11%), four were directly rejected (4%), 38 were rejected after evaluation of their revision (42%), 20 are still under revision (22%), and 6 have been withdrawn or not revised in time (7%). These numbers indicate that you, the Editorial Board Members of our journal, and you, the Reviewers, have done a great job to ensure and improve the quality of the published articles in our journal. In the long run, this should have a positive effect on our Impact Factor. Finances of ACP in 2017 As indicated before, we inform you about financial matters, partly because recently we decided to ask authors to pay article processing fees. Izabela Szumska helped us to collect the relevant information about our expenses and earnings in the past year. In 2017, we had total costs of 10,630.45 €. These costs consisted of a license for ScholarOne, our submission site, licenses for Crossref and Crosscheck (see Table 1), compensation for our Managing Editor (Izabela Szumska), and compensation for our Technical Editors (Dobrosława Jaśkowska and Piotr Kałowski). Although additional costs have been created in the IT department of UFM, these costs are not specified yet, so, we could not include them. As in all past years, the work of the Editorial Board, including that of the Editors in Chief, was conducted free of any costs. In addition, ACP was financially supported by the Ministry of Science and Higher Education in Poland, The University of Vienna, and the Section General Psychology of the German Psychological Society. Furthermore, article processing fees were received for three articles published in 2017. The remaining costs were covered by UFM. As indicated above, at the moment, it is unclear whether we will be able to keep article processing fees as low, but if we average the total costs in 2017 across the 31 articles that were published in in the last year, then these costs are unlikely to exceed 350 € per article. Furthermore, several of our supporters indicated that they are willing to cover part of the costs in the coming years, too, so that we will probably be able to keep the article processing fees low. If we compare these costs with other Open Access journals, like PLOS ONE or Frontiers in Psychology, then it is evident that there are good reasons to submit manuscripts to ACP. Table 1. A Financial Overview of the Journal Advances in Cognitive Psychology For the Year 2017 Costs (in €) Support (in €) Licenses 2,991.04 Support Ministry of Science and Higher Education in Poland 4,218.41 Compensation managing and technical editors 7,639.21 Support University of Vienna 1,000.00 Support Section General Psychology of the German Psychological Society 1,000.00 Article Processing Fees(≈ 175 € per article)* 530.70 Remaining Support UFM 3,881.34 Total 10,630.45 10,630.45 Note. * = article processing fees were waived for published articles by authors from one of the institutional supporting bodies (Section General Psychology of the German Psychological Society; University of Vienna). In conclusion, we wanted to express our special gratitude to you, the Reviewers that we consulted in 2017: You played a key role in keeping our high standards! Your names can also be found on our website. Of course, we continue to welcome your submissions to the journal. Should you have any questions or comments regarding this letter or ACP in general, please feel always free to contact us. Sincerely yours, Rob van der Lubbe Co-editor in chief Ulrich Ansorge Editor in chief