Education & Careers news

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
Practice Management

A Conversation about the Price of Success with Paul Sharman

It started with a simple question: What is an accountant? Fortunately, my conversation with Paul Sharman, President and CEO of the Institute of Management Accountants (IMA), didn’t end there. Instead, it evolved into a discussion of the image of accountants and the future of accounting as a career in the U.S. and around the world. Sharman has established an entirely new direction for the IMA since being asked to manage the association’s operations.
Education & Careers

University Accounting Programs Receive Gifts

Kansas State University, located in Manhattan, Kansas, recently received a gift of $38,400 from the accounting firm of Grant Thornton, located in Wichita. The Wichita Business Journal reports this commitment will go to the K-State University Foundation Changing Lives Campaign and will be used to help establish the Grant Thornton Department Head Fellowship in Accounting.The university also received an undisclosed amount from Brenda and Gib Compton to the Changing Lives Campaign that will be used to establish four scholarships, a fellowship and a building fund.
Education & Careers

Tight Job Market Can Mean Increased Workloads for Accountants

Demand for accountants continues to exceed supply in 2006, and while employers are offering higher salaries and more benefits in an effort to keep their employees, low staffing levels are creating high pressure and resulting in even longer hours for many accountants, Times Argus reports. Finance professionals who feel overworked rose from 42 percent in 2004, to 53 percent this year, according to a survey from CareerBuilder.
Tax

Responsibilities of American Taxpayers Working Abroad

American taxpayers with tax homes in the U.S. and who are living or working abroad, still have responsibility for paying taxes on their worldwide income, according to the IRS. The good news is that they may also exclude all or part of their foreign salary, wages or other income, up to the maximum annual exclusion, by meeting the bona fide residence test or physical residence test.
Education & Careers

IRS Offers More Special Enrollment Examination Details

The Internal Revenue Service (IRS) has announced further details of the Special Enrollment Examination (SEE) in 2006. The newly announced details vary slightly from those anticipated in April when the IRS announced Thomson Prometric had been selected to develop and administer a computer-based version of the exam on behalf of the IRS.
Education & Careers

Schools Expand Accounting Programs; Add New Courses

Job prospects remain bright for accounting graduates and the number of students enrolled in accounting programs continues to grow in some areas of the country.
Practice Management

Number of Female Accountants Increasing

Women now make up more than 60 percent of all accountants and auditors in the United States, according to the Clarion-Ledger. That is an estimated 843,000 women in the accounting and auditing work force. Although recent educational metrics have shown that girls in school seem to lose interest in math and science, according to Education Secretary Margaret Spellings, women are flocking to the accounting profession.
Education & Careers

Fewer Plans to Hire Leaves Accounting Professionals Feeling Less Confident

The Hudson Employment Index™ for Accounting and Finance workers declined 3.6 points, to 107.2 in May.
Education & Careers

Majority of employers report offering full-time positions to interns

In an online poll of interns, CareerExposure.com found that 94 percent of employers offered full-time positions within the organization to interns upon completion of their internship."Internships are the ideal interview tool," JillXan Donnelly, president of CareerExposure.com, said in a prepared statement announcing the poll results. "Employers have the opportunity to evaluate potential new hires and determine if the candidate is a good fit for the organization.
Education & Careers

Free Agent Frame of Mind

Sitting in a cubicle after 5 p.m. on a Friday or even just on a beautiful spring day, can make anyone dream of striking out on their own. Freedom may not turn out the way corporate captives dream it will be. For instance, many freelancers/contractors end up occupying cubicles, just without the benefits or job security enjoyed by many full-time employees.
Education & Careers

6 Tips on Creating a Better Internship Resume

Internships can be a great way to explore a possible career. They can also offer the first opportunity many young people have to create a resume. Resumes for internships are very similar, but not identical, to resumes used for full-time jobs.
Education & Careers

Re-entry Programs Target Professional Women

In an effort to reach experienced professionals, primarily women who leave their positions for extended periods for personal reasons, and support their return to their careers, business schools and professional firms have initiated programs targeted to their needs. Business schools are offering these programs within their executive education departments, the Wall Street Journal says. Courses at Harvard’s Business School and Dartmouth’s Tuck School of Business include updates on finance and accounting, as well as changes in business technology.
Education & Careers

Summer Career Opportunities Prepare Students for Future

For those high school and college graduates wanting to get a jump on their futures, working vacations, internships, or summer career camps may be right up your alley.
Education & Careers

Accounting and Finance Workers Show More Confidence in April

Worker confidence among accounting and finance professionals increased 2.0 points, to 110.8, during April, according to the Hudson Employment Index. This reading is significantly higher than last April’s 103.7 level.
Education & Careers

An Enron Factor at Top Business Schools

The Enron scandal factors in a current report on America’s leading undergraduate business schools as identified in a BusinessWeek survey, and that bane of the accounting profession is also part of the thinking at some of those top schools.Advertisement
Education & Careers

Accounting Scholarships

Scholarships assist in the pursuit of an accounting education. These opportunities are offered by educational and corporate sources. Several of these programs are described below.The American Institute of Certified Public Accountants (AICPA) offers their Scholarship for Minority Accounting Students. Students must be declared accounting majors having a minimum 3.3 GPA. The applicant must have completed 30 credit hours, with at least six in accounting.
Education & Careers

Just for Laughs, Student Poet Wins Laugh Factory Contest

Earlier this month, New York’s Laugh Factory offered a reward for the Funniest IRS Story. Last week, a poem by Michelle Yeterian, a student at Fordham University, was declared the winner.“I wrote a poem and submitted it because I didn’t have the courage to deliver it on stage,” Yeterian told AccountingWEB.
Education & Careers

The Different Dimensions of CMA

During the final stretch of tax season, AccountingWEB had the chance to speak with former Chairperson of the Institute of Management Accountants (IMA), Kim Wallin, regarding the different dimensions of the Certified Management Accountant (CMA) designation. Ms. Kim Wallin, CMA, CFM, CPA, is the principal of public accounting firm D.K.

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