Education & Careers news June 2009

Practice

AccountingWEB 2009 Accounting Student Scholarship Essay

AccountingWEB 2009 Scholarship award-winning essayBy Hannah Weisner, University of Massachusetts
Practice Management

Accounting firms leading green change

AccountingWEB 2009 Scholarship award-winning essayBy Molly Klusek, The University of ScrantonEnvironmental responsibility is a prevailing issue among businesses in the modem age. With growing media scrutiny and investor expectations, in addition to deteriorating environmental conditions, it is necessary that corporations formulate methods of promoting green causes for the coming years. Regarding sustainability, companies must recognize that their actions impact the environment in the short- and long-term.
Education & Careers

Green accounting firms

AccountingWEB 2009 Scholarship award-winning essayBy Jill Kershaw, Saint Martin's UniversityPower strips, fluorescent lighting, post-recycled paper, and webcasts. The list of how to have a green office includes these ideas and many more, with the goal being to minimize an office's carbon footprint. The Obama administration has called for 'going green,' and champions of the cause are applauding as the idea becomes popular.
Education & Careers

AccountingWEB announces 2009 accounting scholarship award winners

AccountingWEB, the online daily news magazine and resource center for members of the accounting profession, is pleased to announce its 2009 scholarship winners. Entrants were required to write a 500-word essay on the topic of "Green Accounting Firms." Essays were judged in a variety of areas including creativity, innovation, quality of writing, structure, logic, and sources/research.Each winner will be awarded a $500 scholarship to assist with education costs.This year's winners are: 
Education & Careers

72% of employers will strengthen employment brand to prepare for economy turn-around

As the nation works toward recovering from one of the steepest downturns in U.S. history, employers are preparing now for when the economy rebounds, according to a recent CareerBuilder survey. Seventy-two percent of employers who have employment brands say they are taking measures to strengthen those employment brands today, so they are competitively positioned for an upturn down the road.Employers are working to remedy the fallout of a grueling economy. The U.S. has lost 6 million jobs since the recession began in December 2007, according to the Bureau of Labor Statistics.
Education & Careers

New MBA grads looking at alternative careers

As anyone from the MIT Sloan School of Management Class of 2009 will tell you, looking for work this spring has been no picnic. But now that most of them have landed jobs, they might also admit that the global economic downturn had some unexpected benefits. For some, the financial meltdown forced them some to consider different industries, different locations, and even different career paths and turned them on to new professional challenges.
Education & Careers

FASB Codification will be provided to faculty and students for free

On July 1, 2009, the Financial Accounting Standards Board (FASB) is instituting a major change in the way accounting standards are organized. On that date, the FASB Accounting Standards Codification (FASB Codification) will become the single official source of authoritative, nongovernmental U.S. generally accepted accounting principles (U.S. GAAP). After that date, only one level of authoritative U.S. GAAP will exist, other than guidance issued by the Securities and Exchange Commission (SEC). All other literature will be nonauthoritative.
Education & Careers

AICPA responds to CPA exam myths

Another season, another batch of new CPAs are being sworn in. Jeff, a CPA and the author of "Another 71 - A CPA Exam Blog," recently posed these questions to the AICPA in hopes of clearing up some confusion about the infamous exam.1. A Curve on the CPA Exam?another71.com: A common myth that circulates among CPA exam candidates is that CPA exam scores are curved according to the performance of other candidates taking the same section.
A&A

Program matches accounting students with small businesses

When Eduardo Chavez-Guerrero's wife's business started to take off, he decided to help her run CP Universal LLC, which provides decoration for special events such as corporate lunches and weddings."My wife has run the business for five or six years and it really started to grow and with the growth came other areas we needed to know more about, like accounting and taxes," he said. "I have no idea what accounting is about and I abhor it with a passion."
Education & Careers

CPA Society offers lessons for new accounting graduates

At high schools and universities graduates are hearing commencement speeches filled with messages of hope and support. They're entering a tough world where jobs are few, costs are high, and mom and dad may be low on funds themselves.The daily news of jobs lost and businesses closed has made them more keenly aware of money - its value, its impact and its consequences - than any generation in recent memory. The Illinois CPA Society suggests sending off this year's graduates with some guidance for starting life on sound financial footing.
Community News

CRI awards scholarships to top students

The Nashville office of public accounting firm Carr, Riggs & Ingram, LLC, one of the Southeast's 'Top Four' accounting and business consulting firms and a top 40 firm nationally, has announced that Tien Nguyen and Heather Witty of Middle Tennessee Statue University have been awarded CRI Accounting Scholarships for 2009-10.

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