Education & Careers news April 2008

Community News

KPMG presents first place and $25,000 to University of Virginia team

KPMG PRESENTS FIRST PLACE AND $25,000 TO UNIVERSITY OF VIRGINIA TEAM IN SECOND ANNUAL STUDENT AUDITING COMPETITION University of California – Santa Barbara, Bentley College Collect $15,000 and $10,000 for Second and Third Place WinsNEW YORK, April 22 – KPMG, the U.S. audit, tax and advisory firm, today announced that a team of four students from the University of Virginia has won KPMG’s national audit case competition for the second year in a row. For its win, the accounting department of the University of Virginia received $25,000 and each student team member $3,000.
Education & Careers

Becker Professional Review announces national scholarship winners

Becker Professional Review, a subsidiary of DeVry Inc., announced that it has selected 50 deserving students for its Scholarships for Success program. Each of the selected winners will receive a Becker CPA Review scholarship to prepare for the CPA Exam.
Education & Careers

Certifications add value to the job search

By Paul A. Sharman, ACMA president & CEO, Institute of Management Accountants (IMA)With today's uncertain economy and recent massive employee layoffs at large corporations such as Yahoo! and Ford, it's important now more than ever that job seekers do as much as possible to stand out from other applicants in this increasingly competitive marketplace. It is especially important for accounting and finance professionals to be equipped to comply with the new regulations imposed by the Sarbanes-Oxley Act, following the corporate fallouts at places such as Enron and WorldCom.
Education & Careers

College job market to become more competitive

The job market for this year's college graduates is inspiring stiff competition, as employers slow their hiring pace amidst economic uncertainty. Fifty-eight percent of employers plan to hire recent college graduates in 2008, down from 79 percent in 2007. Of those hiring, however, 24 percent expect to hire more recent college graduates in 2008 compared to 2007 and 39 percent plan to increase starting salaries.
Education & Careers

Passing the CPA exam on the first try: Top colleges are ranked

Kansas is known for its bumper crops but who knew they were growing accountants? At Kansas University's School of Business, 72 percent of students without advanced degrees passed the CPA exam on the first try, which is much higher than the average considering most people take the exam more than once.Kansas's Lawrence Journal-World reported that of the 69,259 candidates who took at least one portion of the exam in 2007, only 21,893 were taking it for the first time.
Education & Careers

Financial literacy program launches at Hilbert College

Building good financial habits and steps to avoid piling up debt will be the focus of a new financial literacy program expected to kick off this fall for Hamburg, NY-based Hilbert College students. The program will be funded by a three-year $750 AIG Credit Counseling Challenge Grant awarded to the Hilbert Students in Free Enterprise (SIFE) organization. Hilbert is among 120 SIFE teams across the country selected to receive the grant to run education sessions on credit issues.