Margolin, Winer & Evens LLP (MWE), a CPA firm with offices in Garden City, New York and Manhattan, will sponsor the first annual "College Accounting Challenge," a quiz-show style event for accounting students from four Long Island Colleges - C.W. Post, Hofstra, Adelphi, and SUNY-Old Westbury - on Wednesday, March 25, at the C.W. Post campus of Long Island University in Brookville, New York. Each college will field a team of four seniors, chosen by their professors. The four-round competition will focus on Ethics, Tax, Financial Accounting, and Auditing.

Up to 10 Beta Alpha Psi chapters can win $1,000 each if they can show they have improved diversity within their chapter, the school, or community.Ernst & Young LLP believes a diverse, inclusive work environment is an important component for successful businesses, as evidenced by the fact that more than 90 percent of Fortune 500 companies have launched diversity initiatives.

James S. Turley, chairman and chief executive officer of Ernst & Young LLP, presented Indiana University's Kelley School of Business with a $500,000 gift for a new program that will help the school be more inclusive and attract a more diverse student population. The gift, a combination of a grant from the Ernst & Young Foundation, the philanthropic arm of Big Four firm Ernst & Young, as well as matching gifts from Ernst & Young employees, will create the Ernst & Young Foundations for Leadership Program.

By Spencer Elliott, Ohio University Outlook Ohio University and credit union industry leaders have launched a new educational video game that uses the virtual world Second Life to teach financial skills to young people. The game, Credit Union Island, is designed for high school students. Based in the teen grid of Second Life, a simulated world with millions of users, the game enables players to guide their avatars through real-life financial decisions such as taking out a college loan, making car payments and buying a home.

It appears that gender bias in the workplace is alive and well, however more cases of male gender bias were found in in England, while the female gender still faces an uphill climb in the states. A study in the U.K. blames "occupational segregation" for bias against male applicants for accounting and computer analyst positions.Economists sent two fake applications for more than 400 jobs for chartered accountants, computer analysts, engineers, and secretaries. Each applicant had equal experience, qualifications, and age profiling, but one bore the name Emma and one was Phillip.