Education & Careers news

Education & Careers

Interview techniques: You are what you eat!

Busy professionals often schedule potential new hire interviews during meals because it is the best time to bring people together, but also because the dinner or lunch interview presents an opportunity to evaluate how a candidate handles herself or himself in a social situation. The ability to combine social and business skills is especially important when the position requires entertaining clients or conducting business at meals away from the office.
Education & Careers

Top business schools - does it matter where you attend?

The university a new accounting graduate attended can catch an employer's attention, but it may not guarantee a job offer, according to a new survey. Chief financial officers polled recently were split regarding how much weight the prestige of a candidate's alma mater should be given in hiring decisions.
Education & Careers

House votes to change student aid

On Wednesday, the U.S. House of Representatives voted to cut $19 billion in federal subsidies to student lenders over five years, and increase grants for needy students and cut interest rates in half on federally backed loans with the savings. The bill passed, 273-149, with 47 Republicans joining Democrats. While it appears that President George W. Bush opposes some elements of this bill, it is likely that some overhaul of student aid will become law before the end of the year.
Education & Careers

NSA Scholarship Foundation awards 35 scholarships

Since 1969, the National Society of Accountants (NSA) Scholarship Foundation has provided nearly one million dollars to deserving undergraduate and graduate students who are committed to pursuing a career in accounting, helping to develop more qualified young accountants. This year, 35 students will receive scholarships ranging from $500 - $2,000.
Education & Careers

Job market great for accounting grads

The Washington Post is reporting this week that the job market has never looked better for accounting graduates. Citing increased scrutiny of public companies by the PCAOB and the SEC and the impending retirement of thousands of baby boomers from the workforce, it appears that there is no immediate end in site to the demand for accountants.A recent report by the Greater Washington Board of Trade in Washington, D.C., indicated that colleges and universities are unable to keep up with demand.
Tax

Maine governor breaks new ground with student tax credits

The state of Maine has raised the bar when it comes to college tax credits.
Education & Careers

Tax Analysts to provide free resources to accounting professors and students

Tax Analysts, a non-profit pubic service organization that provides in-depth tax information resources for tax professionals, has announced it is making its news and research products available at no charge to accounting, law, and economics professors and their students.The purpose of Tax Analysts Campus (Tax Analysts’ complimentary educational Web access program) is to provide professors an opportunity to teach with, and students to learn with, Tax Analysts’ news and research products.
Education & Careers

Summer interns can earn instant jobs in growth industries

Many college students spend their senior year sending out a massive number of resumes, going to frequent interviews and anxiously hoping that they will receive a job offer before graduation. But there are some lucky students who manage to avoid this mess. Matt Raymond-Ihle just graduated from the University of Illinois at Urbana-Champaign. He spent his last year stress free, knowing he already had a job lined up after graduation. "It made senior year a blast," Raymond-Ihle said.
Education & Careers

Discriminatory practices mar student loan programs

New York Attorney General Andrew Cuomo is taking aim at non-federal student loan programs that he claims might be engaged in discriminatory practices. "There are civil rights and legal ramifications," Cuomo was quoted as saying in an article that appeared in The Wall Street Journal.
Community News

Tofias PC inducted into Junior Achievement Hall of Fame

Tofias PC, New England’s leading accounting and consulting firm, is pleased to announce that Tofias has been inducted into the Junior Achievement of Eastern Massachusetts 2007 Business Hall of Fame. A formal induction ceremony was held at Junior Achievement’s Annual Gala at the Westin Copley Hotel in Boston on Wednesday, May 16th which featured James Earl Jones as the evening’s key note speaker. Companies were chosen for induction based on excellence in three key areas: 1. Success in the free enterprise system 2. Proven commitment to the community, especially youth 3.
Education & Careers

Kansas State chair earns AICPA award

Dan S. Deines, Ph.D., CPA, the Ralph Crouch KPMG Chair in Accounting at Kansas State University, is the 2007 recipient of the Distinguished Achievement in Accounting Education Award from the American Institute of Certified Public Accountants (AICPA). Jimmy Williamson, AICPA Chair, presented the award at the spring meeting of the Institute’s governing Council, which began today in Washington, DC.“The future of our profession is largely built on the quality of the young people who join us,” Williamson said.
Education & Careers

Google Tops Among MBAs' Favorite Employers

Google took the top spot of Fortune magazine's annual survey of MBA students' favorite companies to work for. Google knocked McKinsey from its 2006 top spot into the second position. Twenty-one percent of the students ranked Google in their top five. The top 10 favorite companies to work for according to the survey of MBA students are:1. Google2. McKinsey & Company 3. Goldman Sachs 4. Bain & Company5. Boston Consulting Group6. Apple 7. Microsoft 8. General Electric 9. Nike10.
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.

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