Accounting firms lead all other employers in hiring new college graduates according to the summer 2005 issue of Salary Survey of the National Association of Colleges and Employers (NACE), the Westchester County Business Journal reports.

While some young adults know how to make money, they might not know how to manage it. Parents still usually control, or have a hand in controlling, their children’s personal and even their business finances. Protecting a grown child’s money may seem natural but with education costs, spiking home costs, not to mention rising loan and credit card debt, transitioning control might be the best idea.“What is new is the increasing number of young adults unable to succeed financially on their own,” said John Gallo, an estate-planning attorney speaking with the Associated Press.

Salary.com and the Ethics Officer Association (EOA) have announced the results of the 2005 EOA Survey of Ethics & Compliance Officer Jobs. The results of the survey indicate an increase in the value of ethics and compliance officers as gauged by their compensation.

Make sure to have a homework shirt in back-to-school wardrobes, says Ken Haller M.D., assistant professor of pediatrics at Saint Louis University School of Medicine according to Newswise. “What a child is wearing can really help him to buckle down and study.” Haller said that he first heard of the idea of wearing special homework clothes in a psychology class in medical school. Wearing the homework shirt helped him because it said it was time to study.

Not everyone who wants to become an accountant when they grow up can afford to. Scholarships play an important role in encouraging the next generation to pursue their chosen career. Recently, two groups awarded scholarships to accounting students for the coming academic year.Rhonda McSwain, an accounting major at Florence-Darlington Technical College, recently received a Thelma Brown Scholarship the Morning News Online of Florence, South Carolina reports.

The Department of Labor reports that American payroll jobs increased by 207,000 in July. This gain follows a June increase of 166,000. Both these figures are preliminary data. Employment gains hit a low in May 2003 but total nearly 4 million since that time as reported by the Bureau of Labor Statistics. The unemployment rate for July also remained steady at 5 percent.

The median annual income reported for Chief Corporate Financial Officers (CFO)in the manufacturing field is $130,032, but 10 percent make less than $87,414 and 10 percent make over $259,603. Of course, not all financial professionals working in the manufacturing industry are CFOs. Even among CFOs, pay varies widely with the fiscal size of the manufacturing firm. For example, CFOs in manufacturing firms with annual revenues of $10-$24.9 million have a median annual income of $111,916 vs.

The first day of camp is always exciting. The kids are eager for fun and ready to learn new things. For the group of middle-schoolers from across North Carolina attending Camp Challenge at the 4-H Education Center, it is more than that.

Greater client and workforce mobility has presented accountants with a number of unusual challenges. It’s not just the challenge of figuring out who owes what to which taxing authority, complex as that can be. It’s also making sure that the accountant, firm and client are operating legitimately.An easily overlooked footnote in KPMG’s tax shelter problems, demonstrates the challenges facing firms as they grow.