Education & Careers news

Education & Careers

House Bans Student Loan Gifts to Schools

The House of Representatives voted overwhelmingly Wednesday to ban gifts and payments by student loan companies to universities, showing bipartisan resolve to clean up the $85 billion industry.
Education & Careers

MBA Students Expect Low Accounting Pay

MBA students expect the lowest pay from the auditing, accounting and tax sector, according to a survey by Fortune magazine. Five thousand MBA students said expect to be paid a base salary of $63,695 one year after graduation in the combined category of "auditing/accounting/taxation." After five years, the same students expect to earn $111,135.The accounting sector received the lowest expectations of the 47 sectors surveyed. The next lowest expectation was academic research, at $77,859 one year after graduation and $132,282 after five years.
Community News

Deloitte & Touche Mentors Chicago-area Students

Deloitte & Touche teamed up with the Chicago Public Schools to sponsor a mentoring program aimed at developing the skills of Chicago-area students pursuing careers in accounting, business, ethics and finance. More than 100 Deloitte employees were to venture outside their offices to serve as guest teachers to 1,200 students.
Education & Careers

UVA Students Win KPMG Audit Competition

KPMG selected a team of four students from the University of Virginia as winners of an inaugural six-week national audit case competition. The accounting department of the University of Virginia received a cash prize of $25,000. Cash prizes of $15,000 and $10,000 were also awarded to the accounting departments from the University of Georgia and the University of Wisconsin for their respective teams' second and third place finishes.
Education & Careers

Extended Deadlines for Va. Tech Community

The Internal Revenue Service granted a six-month tax filing and payment extension to those affected by the shootings at Virginia Tech, in Blacksburg, Va. This relief applies to the victims, their families, emergency responders and university students and employees. “Taxes are the last thing the Virginia Tech family should be worried about at this time,” IRS Commissioner Mark W. Everson said. “Our hearts go out to the people affected by this tragic event.”The relief announced today allows taxpayers affected by the events at Virginia Tech to have until Oct.
Education & Careers

Third of Euro Accountants 'Frustrated Entrepreneurs'

Almost a third of European accountants dreamed of becoming an entrepreneur before beginning their training, new research claims.Running their own business was the most popular pre-qualification career dream among accountants polled by recruitment specialists Careers in Audit, ahead of being a lawyer cited by 22 percent of respondents. Another 14 percent wanted to be a sports star, while 3 percent had visions of taking to the skies as a pilot.
Practice Management

Open season on interns

The Internship Institute, the non-profit affiliate of Z University.org, declares that this time of the year is "open season" for businesses and non-profit organizations to recruit interns and plan ahead to make summer programs successful. Z University.org is a workforce readiness company dedicated to improve the quality of internship programs."What too few employers and organizations realize is that internships represent a tremendous untapped opportunity to create a strategic business advantage," explains Matthew Zinman, executive director and founder of The Internship Institute.
Education & Careers

Employers Prefer On-Campus Job Hunts

New college graduates may not have to go far in their search for employment. Employers named on-campus interviewing as most effective in helping them identify and hire new college graduate employees, according to a survey. The report published by the National Association of Colleges and Employers (NACE) identified the top methods for recruiting new college hires: 1. (tie) On-campus recruiting1. (tie) Organization's internship program2. Employee referrals 3. Organization's co-op program 4. Career/job fairs 5. (tie) Internet job postings (campus web site) 5.
Workplace Fitness

10 Tips for Balancing Work & Life

As today’s workforce deals with an ongoing struggle to find the right work/life balance. Crowe Chizek and Company LLC is attempting to address this issue through one element of its Women Into Leadership (WIL) program. At a recent event, Crowe personnel discussed what tactics work in their lives. From this, Crowe has compiled the following 10 tips to help other people find their appropriate work/life balance.
Tax

IRS Extends Tip Income Program

The IRS has extended the 2007 deadline until June 30 for restaurant or beverage businesses to elect to participate in the Attributed Tip Income Program.The extension is in response to requests from restaurant and beverage industry members and is only applicable for the 2007 calendar year.Normally, eligible establishments must elect to participate in ATIP by Feb.
Education & Careers

New Senate Democrats Reveal Tax Priorities

Six freshman Democratic Senators joined with Senator Chuck Schumer (D-NY) to introduce S. 614, the Middle Class Opportunity Act of 2007, which focuses on the alternative minimum tax, the dependent care credit, the child tax credit, and education credits, NAEA E@lert reports.
Community News

Somerset CPAs Named Indiana Best Workplace

The Indiana Chamber of Commerce has designated Somerset CPAs as a “Best Place to Work in Indiana” for creating a productive environment in which employees feel valued.Somerset CPAs received the same distinction in 2006.
Education & Careers

Rating the Best 529 College Savings Plans

Utah and Virginia offer two of the best plans to save for a child's college education and Alabama has one of the worst, according to a new report by Morningstar, Inc.Parents have been turning to so-called 529 plans to save for their children's college education, and Morningstar is making the selection process simpler by outlining the wide disparity in performance, costs and variety of investment options in the dozens of state plans available.Morningstar started its 529 survey in 2004, and Utah and Virginia have been at the top of the lists since then.
A&A

Top 5 business internship myths

Most managers carry general misconceptions about internship programs, but, by applying thoughtful planning and the right tools, they can realize their full potential. Z University.org (ZU), a leading advocate of workforce readiness and innovator of internship management solutions, has identified a "top five" list of myths that organizations need to eliminate to get the greatest returns from an internship program. Matthew Zinman, president of Z University.org, says that the "Top Five Myths About Internships" are fueled by managers who believe that:1.
Education & Careers

5 Reasons Why Demand for Accounting & Finance Pros Will Intensify

Ron Blair, managing director of Century Group, a professional services firm specializing in executive search, professional recruitment and independent project and interim services in accounting, finance, audit and tax believes a demand for accounting and finance professionals will carryover into 2007.Blair listed the following factors contributing to the high demand for finance and accounting professionals:1. Increased utilization of accounting and finance professionals on a project or interim basis if companies delay hiring plans during an economic downturn.2.
Technology

The Accountant’s Guide to a Career in Technology

By John StokdykWhen he recently asked in an AccountingWEB opinion article, Why aren't there more accountants in IT?, Microsoft's Tim Lennard began by suggesting there was a potential surplus of talent within the profession that could be more gainfully employed in the technology business. One of the reasons Lennard's article was so popular was that it managed to provoke reactions from both sides of the fence. Several IT industry veterans dropped into the conversation to describe their front-line experiences, while technophobes highlighted some of the reasons not to go into IT.
Education & Careers

AICPA Urges Students To 'Feed The Pig'

With the ringing in of the Chinese Year of the Pig this week, Benjamin Bankes is urging 25 to 34 year-olds to “feed the pig.” Benjamin Bankes, a pig in a pink suit, is the official icon of Feed the Pig™ (www.feedthepig.org), a national public service campaign of the American Institute of Certified Public Accountants (AICPA) and the Ad Council. The campaign delivers a strong message to career builders – those 25 to 34 years of age – about the importance and benefits of saving to build a solid financial future.
Community News

IFAC Seeks 2008 Board & Committee Nominations

The International Federation of Accountants (IFAC), the global organization for the accountancy profession, is seeking nominations for members of its boards and committees for 2008. IFAC member bodies, members of the Forum of Firms and, in some instances, members of the public may nominate candidates by April 15, 2007.
Tax

ABA Tax Law Challenge Winners Announced

The taxation section of the American Bar Association recently announced winners in the 2006 Law Student Tax Challenge, an annual event drawing law student participants from around the country. On average, approximately 40 two-person teams enter the competition each year. Both J.D. and LL.M. degree candidates are eligible to enter, and winners are chosen from both divisions of candidates.
Education & Careers

H&R Block Canada Offers Student Savings, Concert Trip

H&R Block Canada Inc. and SPC Card announced a new partnership to deliver free SPC Cards to students choosing H&R Block for their tax preparation and the chance to win an all expenses paid trip to a Fall Out Boy concert somewhere in Canada or the U.S.Participating students will activate their free SPC Card at rockwithblock.ca and immediately be entered to win a trip to see multi-platinum artist Fall Out Boy in a secret destination.

Pages


Already a member? log in here.