Education & Careers news February 2012

Education & Careers

Nine in Ten CFOs Say Work Experience Important for College Grads

College students take note: Prior work experience may be a requisite for getting your foot in the door with employers, a new Accountemps survey suggests. Nine in ten (91 percent) CFOs interviewed said it is important for entry-level accounting and finance professionals to gain practical experience while in college.
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AccountingWEB Life

Feed the Pig - Feed the Future

A recent survey conducted by the American Institute of Certified Public Accountants (AICPA) and the Ad Council indicates that today's difficult economic times have dramatically altered the way people between the ages of twenty-five and thirty-four think about the importance of savings.
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A&A

IC Opportunities Event – A Forum for Industry Innovation and Change

Jason Blumer, of Blumer and Associates CPAs, has no problem admitting to the conservative nature of the accounting profession. Its reverence of tradition and legacy, its hierarchical leadership style, and its reliance on "tried-and-true" business practices, are what once made the profession great.
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Education & Careers

Seven Tips to Successful Introductions

Many CPAs think that they must market outside of their existing client base. However, within your existing base is usually enough tax, tax planning, and ultimately wealth management candidates, to effectively expand your practice for years.
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Practice

KPMG to Offer Tax Offsets to LGBT Employees

KPMG LLP announced it now offers its lesbian, gay, bisexual, and/or transgender (LGBT) partners and employees offsets for the additional federal and state tax costs incurred when they pay for same-sex domestic partner medical benefits. The tax equalization benefits will cover the 2012 tax year.
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Practice

CPAs Give Business Advice to Veterans through Partnership with SCORE

CPAs now have an opportunity to volunteer and provide up to five hours of free financial advice to veterans about how to start or grow their business. The program was launched through the AICPA's participation the Veteran Fast Launch Initiative sponsored by the Service Corps of Retired Executives (SCORE).
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AccountingWEB Life

AICPA Creates Social Networking Site for Aspiring Accountants

The American Institute of Certified Public Accountants (AICPA) has partnered with Telligent to create a social networking site - This Way to CPA - for college students aspiring to become accountants. This Way to CPA is designed to increase awareness of AICPA and to drive its recruitment efforts.
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Practice

Intuit Small Business Employment Index Results

Small businesses created 50,000 new jobs in January but paid employees less and gave them fewer hours. The East Coast, especially New York, showed more weakness in employment than in other parts of the country. These are some of the results of Intuit's latest Small Business Employment Index.
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Community News

Free Career Exploration Program for Ohio Minority Students

The Ohio Society of CPAs (OSCPA) and the Ohio CPA Foundation, in partnership with the Ohio chapters of the National Association of Black Accountants (NABA), are seeking Ohio minority high school students to participate in the nationally recognized Accounting Careers Awareness Program (ACAP-Ohio).
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Education & Careers

Ernst & Young Hosts Events to Enhance Diversity and Inclusiveness

Nearly 150 ethnically diverse students from 73 US campuses traveled to NYC to attend E&Y's sixth annual Discover Ernst & Young event. Accounting and business majors interacted with firm leaders and E&Y personnel, who were eager to present the challenges and exciting potential of an accounting career at E&Y.
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Practice

How to Ask for a Raise

One of the most challenging areas of work life that most professionals face is asking for a raise. It just feels uncomfortable to most people on so many different levels. They are concerned that bringing up the topic puts a target on their back, and the whole conversation might lead to a dismissal.
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A&A

CGMA: Global Management Accounting Designation Launched by AICPA and CIMA

In a joint venture, the AICPA and the CIMA have launched a new global accounting designation – Chartered Global Management Accountant (CGMA) – that recognizes the unique skills of professional management accountants working in business.
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Voice of the Editor

What would you do if one of your clients won the lottery? We asked several accountants to weigh in with their advice for the lucky Powerball winner, and the tips we received are useful for anyone who receives a windfall, whether it's a lottery win, an inheritance, a big bonus on the job, or a killing in the stock market.
Read more
Gail Perry, CPA
Publisher/Editor-in-Chief, AccountingWEB
editor@accountingweb.com
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This Week on AccountingWEB

CPAs Mira Finé, Scott Hitchcock, Rob Keasal, Kathy Scorcio, and Ken Travis offer ten pieces of financial advice for the newest Powerball winner.
Hang Bower of BDO USA and Dan Black of Ernst & Young share their perspectives on why their firms made the Best Places to Work for Recent Grads 2013 list.
Herbein + Company, Inc. firm members talked with AccountingWEB about their year-round employee wellness program.
Bill Walter of Gross, Mendelsohn & Associates and Harold Gaar of TravisWolff LLP weigh in on mobile technology use while employees are at work.
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