Education & Careers news February 2006

Education & Careers

Oil Industry & Accountants

With a shortage of accountants specializing in the oil and gas industry, EnCana Oil & Gas (USA) Inc. paid $20,000 to partner with the business school at the University of Colorado, at Denver, (UCD) for an oil and gas accounting course. EnCana USA is a subsidiary of Canadian giant EnCana Corporation located in Denver, according to the Denver Business Journal. The company is paying for the books for the course.
Practice Management

A Conversation With...Leslie Murphy

When Leslie Murphy ascended to chairwoman of the American Institute of Certified Public Accountants (AICPA) in October, she pointed to the looming shortage of public accountants as a serious challenge facing the profession.Added pressures stemming from compliance with the Sarbanes-Oxley Act is causing strife and turnover, creating an environment in which one in six CPAs left his or her job in 2004, she said during her inaugural speech.But despite the challenges, Murphy remains upbeat about the future, as more college students are seeking the profession as a career, she told AccountingWEB
Tax

Policing Resume Padding

The state of Washington is considering a bill that would impose a $1,000 fine on those claiming, in writing, to have an academic degree they didn’t possess. Also, failing to disclose that a listed degree came from an unaccredited institution will cause a fine. The bill passed the Washington House last week and now goes to the Senate, according to the Seattle Post-Intelligencer. These degrees are offered to people based on their general life experiences. The bills aim to close legal loopholes concerning “diploma mills” operating within the state and in foreign countries.
Education & Careers

Office Romance

Valentine’s Day is not the end of romance in the office.
Education & Careers

The Accounting Profession in 2006

A new study shows about 25 percent of those in the accounting or finance profession are dissatisfied in their current jobs. Some 33 percent said they planned to find a new job in 2006. The survey, Job Forecast 2006 – Accounting/Finance was conducted in late 2005, by CareerBuilder.com.CareerBuilder.com collected survey responses from more than 150 accounting and finance workers between November 15 and December 6, 2005.
Education & Careers

Tweens Savvy About Savings

The next generation is learning financial prudence, according to a survey of American “tweenagers” conducted by Weekly Reader Research and the American Institute of Certified Public Accountants (AICPA). When asked what they would do with a gift of $100, 59 percent of children between the ages of 9 and 12 indicated they would save at least $50.The announcement of the survey results, coincide with the launch of a special “Budget Buzz” program.
Practice Management

Lifestyle Lures Accountants Abroad

The key reason accountants chose to relocate overseas is lifestyle, according to Think Global Recruitment’s annual survey. Apparently, it is not an unreasonable expectation, since 94 percent of those surveyed report enjoying an improved lifestyle after relocating overseas.
Community News

Present, Future Looking Good for Accounting Grads & Professionals

Things are looking good for accounting professionals these days. Confidence among accounting and finance workers increased 8.7 points to 112.6 in January, according to the Hudson Employment Index. In addition, results from a survey of chief financial officers (CFOs), conducted by AccountTemps, reveal that today’s accounting graduates are equally or better prepared for their careers than they were ten years ago.

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