The American Institute of Certified Public Accountants has announced the winners of the 2007 Elijah Watt Sells Awards. The awards are presented annually to the 10 candidates earning the highest cumulative scores on the four sections of the Uniform CPA Examination. These candidates must have completed testing during the previous calendar year and passed each exam section on their first attempt. In 2007, there were over seventy-six thousand examinees.The 2007 award winners (in alphabetical order, followed by their State Board affiliation) are:Steven J.

The parents of this fall's college-bound freshmen may be breathing a collective sigh of relief that their children have cleared the admissions hurdle. But few parents understand the terms necessary to make fully informed financial aid decisions, says a new survey conducted by leading global strategic branding firm Siegel+Gale."Parents really don't understand the true cost of college and the financial help that is available," states Peter S.

Top business schools around the country are waiting to find out if any of their students used Scoretop.com, a Web site that may have helped them prepare for the Graduate Management Admission Test, commonly known as GMAT, by providing a sneak peak at live questions.Approximately 6,000 of the 112,884 students who took the GMAT in the year prior to May 2008 visited Scoretop.com, according to BusinessWeek.

In a speech to accounting professors and corporate executives at PwC University for Faculty, PricewaterhouseCoopers U.S. Chairman and Senior Partner Dennis Nally announced the firm's release this month of a full suite of educational tools and programs designed to help American accounting students learn the fundamentals of International Financial Reporting Standards (IFRS). IFRS describes the financial reporting treatment long used by companies outside the United States and which is expected to replace U.S.

The KPMG Foundation has announced it has granted $410,000 in scholarship awards to 41 minority doctoral students for the 2008-2009 academic year as part of its Minority Accounting Doctoral Scholarship program. The scholarships are part of a broad effort by the Foundation to increase the number of minority students and professors in business schools."Increasing the number of minority Ph.D. recipients and business school professors helps pave the way for countless others who will benefit from more diverse campuses around the nation," said Bernard J.

The American Institute of Certified Public Accountants received more than 360 minority accounting scholarship applications following a workshop entitled "Lead the Way, Make a Difference, Become a CPA" to promote diversity within the accounting profession held May 29-31 in Peachtree, GA. The workshop emphasized the importance of obtaining the CPA credential and highlighted the flexibility and various career paths of the accounting profession. Session topics focused on the importance of networking and mentoring.

Business graduate students have returned from China after biting into one of the world's fastest-growing economies.The program, presented by the Kansas University School of Business, offered students a firsthand experience of business operation and strategy in China. Eleven students traveled to Beijing, Xi'an, and Shanghai to learn how different cultures and political and economical systems affected Chinese business.

Education tax credits -- programs that allow individuals to deduct education expenses from their tax liabilities, or corporations to do the same for donations to scholarship funds -- will save money for states that enact them, finds a new study from the Cato Institute.In "The Fiscal Impact of a Large-Scale Education Tax Credit System," Andrew Coulson, director of Cato's Center for Educational Freedom, and Ball State University economist Anca Cotet estimate the effect that model legislation for tax credits would have on the budgets of five different states.

A four-member team of University of Southern Indiana accounting students recently took first place in National Student Case Competition, sponsored by the Institute of Management Accountants (IMA).They shared a total of $5,000 in prize money."When we finally heard 'And first place goes to the University of Southern Indiana' it was very exhilarating," said Amy Oglesby, one of the team members."At that moment our team truly felt that all our hard work and seven months of preparation had paid off."Besides Oglesby of Galatia, IL, the team included Andy Dill of Princeton, IN, Brad Greene