Education & Careers news

Education & Careers

College Grads Earn More; Accountants’ Pay Continues to Climb

The cost of a college education pays off for most people, according to data from the Census Bureau’s 2005 Current Population Survey released last week. The average gap in earnings for all working adults with a bachelor’s degree and those with high school diplomas is about $23,000 a year, the Associated Press reports. College grads earned an average of $51,554 a year in 2004, the most recent figures available, compared with $28,645 for high school graduates and $19,169 for high school dropouts.
Education & Careers

Half of All College Grads End Up Hating Their Job

Survey results suggest that half of the almost 1.5 million 2006 college graduates will end up being miserable and hating their jobs, according to a recent survey from The Conference Board.
Education & Careers

Downgrading Partners Could Cost Firm: EEOC Able to Seek Monetary Relief

The U.S. Supreme Court has declined to hear a petition filed on behalf of international law firm Sidley Austin Brown & Wood (Sidley & Austin) regarding the ability of the U.S. Equal Employment Opportunity Commission (EEOC) to pursue monetary damages and other individual victim-specific relief in the ongoing discrimination suit against the firm. The refusal comes just months after the number of workers age 55 and older reached 24.6 million, the highest level ever recorded, according to a study from Challenger, Gray & Christmas.
Community News

Accounting Students Get $1.2 Million from Anonymous Benefactor

A $1.2 million endowment bequest has been established for undergraduate scholarships and graduate fellowships for students studying accounting at the University at Buffalo School of Management. The donor, who grew up in Buffalo and holds both undergraduate and graduate degrees from the School of Management, wishes to remain anonymous. “This gift from a School of Management graduate,” John M.
Education & Careers

ProQuest Delivers Periodical Content & Professional Standard to Accounting Scholars

ProQuest Information and Learning, the research solutions company, on Monday launched a revolutionary new solution for accounting scholars: ProQuest Accounting & Tax with Standards™. This new model advances traditional aggregation to create a one-step research experience."The new ProQuest Accounting & Tax with Standards product fills a definite void in the need for accounting and tax information for our students and faculty," said Alicia Estes, Head of the Business & Documents Center at New York University's Bobst Library.
A&A

A Columbus Day Celebration of Accounting and Exploration

Once upon a time, an entrepreneur approached the most important and influential venture capitalists in the country in hopes of securing financing for his latest attempt to enter a new market. Having already successfully completed several trade missions and penetrated a variety of markets, he expected his proposal to be well-received. It was not.
Tax

New 2006 Special Enrollment Exam Unveiled

The Internal Revenue Service (IRS) announced last week that the new version of the 2006 IRS Special Enrollment Examination (SEE) is ready. The exam, required for those desiring to become Enrolled Agents (EA), has been substantially revised, as has the testing process.The IRS worked with Thompson Prometric, a company specializing is assessment services, to develop the test and enhance the examination process.
Education & Careers

Contentment Doesn’t Breed Confidence Among Accounting & Finance Professionals

The good news is that nearly three-quarters of accounting and finance professionals were still happy at work in September, according to the latest Hudson Employment Index for Accounting and Finance Workers. The bad news is their contentment didn’t translate into confidence, as the overall confidence level dropped 6.3 points, to 106.2 during the same period.These mixed signals, as accounting and finance professionals enter the fourth quarter, traditionally a strong period for industry workers as firms increase
Education & Careers

Study Finds Young Workers Displaced by New Immigrants

That the arrival of new immigrants in a state results in a decline in employment among young native-born workers in that state is just one of the stark images revealed by the authors of The Impact of New Immigrants on Young Native-Born Workers, 2000-2005.
Education & Careers

A Puzzle for Accounting Professionals

Looking for something to fill those last few minutes before quitting time? PAYMENTS! is just the thing – and, because it’s related to accounts payable and how businesses pay their bills, it’s completely guilt-free!PAYMENTS!, developed by Accounts Payable Now & Tomorrow, a newsletter from CRYSTALLUS, Inc., is a Wordoku, the alpha version of the popular numeric puzzle game Sudoku.
Community News

Canadian CFOs Forecast Steady Fourth-Quarter Hiring

Hiring activity among Canada’s accounting and finance professionals is expected to remain steady during the fourth quarter, according to the quarterly Robert Half Financial Hiring Index.
Education & Careers

Accounting Firms Among BusinessWeek’s “Best Places to Launch a Career”

When it comes to launching a career, four accounting firms have made BusinessWeek’s list of best places to start. Only three of the “Big Four” firms, Deloitte & Touche USA LLP, Ernst & Young and KPMG LLP, are among the top 55 places to launch a career.
Education & Careers

Ethics & Compliance Officers Still Valued in American Corporations

The results of the 2006 Ethics & Compliance Officer Association (ECOA) Compensation Survey are in and findings indicate pay for the top ethics position continues to grow.
Community News

Honoring Elijah Watt Sells Award Winners & Top CPA Exam Scorers

The American Institute of Certified Public Accountants (AICPA) has announced the winners of the 2005 Elijah Watt Sells Awards. The awards are presented annually to the 10 candidates earning the highest cumulative scores on the four sections of the Uniform CPA Examination.
Education & Careers

Going Once, Going Twice: A New Paradigm for Accounting Professionals

A new company is trying to change the way businesses find and hire accounting, auditing and information technology services.Advertisement
Technology

Top Laptops for Back-to-School

LAPTOP Magazine has completed its top 10 back-to-school notebooks list, just in time for back-to-school purchases. The magazine delivers hands-on reviews of products for every need and every budget. The reviews consider multiple categories and takes into account tastes, whether it be for the gamer, the chic minded or those with limited budgets.
Education & Careers

A Conversation with the Next Generation of Accounting Professionals

Laura Holmes was so sure she wanted to emulate her father and be an accountant when she grew up that she donned one of his suits and identification badge to go trick-or-treating.She was just 10 years old then. These days, the accounting major at California State University in Sacramento, remains true to her aspirations. But what is less certain is the career path Holmes will take following graduation in December.
Education & Careers

Accounting & Finance Worker Confidence Hits Summer Doldrums

Worker confidence among accounting and finance professionals fell 3.4 points, to 106.6 in July, according to the latest Hudson Employment Index. This level is lower than July 2005 when the confidence level among accounting and finance workers was 110.
Education & Careers

Most Popular MBA Is the Finance MBA

Visitors to the Master of Business Administration (MBA) section of WorldWideLearn.com, an online education resource, showed more interest in the Finance MBA than any other type of MBA during the second quarter of 2006. The Operations and Supply Chain Management MBA was the second most popular choice.
Practice Management

NC State Wins Annual Student Case Competition

Representing North Carolina State University, the team of Hannah Sadler, of Cary, N.C., and Jason Matthews, originally from Kansas City, Mo., and currently of Raleigh, N.C., were declared the winner of the Institute of Management Accountants’ (IMA’s) annual Student Case Competition following a live finalist presentation at IMA’s Annual Conference and Exposition.“IMA’s student Case competition is an excellent opportunity for accounting students to develop their strategic planning, decision making and presentation skills – critical skills required for success in the management acc

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