Education & Careers news

Education & Careers

Small Businesses Cautiously Bump Up Hiring; CFOs Less Upbeat

While overall job growth is below expectations, small businesses seem somewhat more optimistic about the economy than their counterparts at big corporations.Small businesses are slowly increasing their hiring, and a new index of small business optimism rose by 1 point last month to 100.8, Reuters reported. The index, by the National Federation of Independent Business (NFIB), shows small business owners are “quite optimistic” about the economy, at least in the short term, NFIB Chief Economist William Dunkelberg said in a statement.
Community News

Professors Call for New Accounting Curriculum Mandate

Professors at Kansas State University College of Business Administration are spearheading a campaign to emphasize the importance of ethics in business education.
Education & Careers

A College Eye View of Accounting

When did you decide to be an accountant? Many people don’t really decide what they want to be when they grow up until they are in college. The liberal arts ideal holds that if students are exposed to enough different types of courses, they will eventually settle on a career path. For some, it may not be the path they intended when they began their post-secondary education. Accounting firms and professors are banking on that.
Practice Management

Upcoming IMA Conference Attracts Leading Executives

Are you among the more than 1,000 foremost authorities in management accounting and financial management heading to Boston next week?
Education & Careers

Firms Competing for Accounting Grads

While college graduates are facing the best career prospects in three years, it's the grads with accounting degrees who are sitting pretty.No degree is more in demand, Reuters reported. Consider this: A starting salary of roughly $44,000, generous benefits, creative perks and a strong need for new talent.
Education & Careers

CFA Examinations Held Globally this Weekend

Over 77,000 current and future investment professionals had a busy weekend. Men and women in more than 140 nations, took one of three levels of the Chartered Financial Analyst® (CFA®) examinations administered by CFA Institute. Thirty-eight percent of all CFA candidates for the June exam are from the U.S., according to the CFA Institute. The CFA examination is among the world's largest simultaneously administered professional exams. Candidates must pass each level of examination before proceeding to the next. Only 20% of candidates successfully complete the program.
Education & Careers

Third-Grader First in Math

Ninety-five percent of adults have trouble making it past level five of the Internet-based competition, First in Math’s 24 Game. Seth Rivas, a third-grader at Fountain Hill Elementary School in Pennsylvania, made it all the way to level eight to take home a gold medal and certificate of achievement recognizing the 8-year-old as the nation’s top ranked third-grader. Seth’s team of 29 students from teacher Shawn Collier’s class, was also recognized as the nation’s top-ranked team.
Education & Careers

More Teens than Jobs Again This Summer

Employment rates for individuals under the age of 20 in America hit a historic low last year. This year is not expected to be much better. Summer employment, once the private reserve of students and teachers, has, in recent years, seen an influx of both young adults (age 20-24) and seniors, battling a tight job market, pension reductions and layoffs.
Tax

Recruiting Accounting Grads for Enforcement

Accounting is a hot profession this year and not just in the private for-profit sector.
Community News

Outsourcing Growth Seen for Finance, Accounting Jobs

A new report predicts global outsourcing will grow at a compound annual growth rate of 6 percent a year through 2008, with finance and accounting and sales/marketing jobs experiencing the strongest increases.Kennedy Information Inc., which produces multiple management consulting publications, assessed 15 market sectors, and determined that finance and accounting and sales/marketing functions would grow at or near double-digit rates.
Community News

Baylor Graduates Score Highest on CPA Exam

Accounting graduates from Baylor University have out-scored their Texas counterparts on Certified Public Accountant (CPA) Exams taken between January and March 2005 according to the Texas State Board of Public Accountancy.
Education & Careers

College Students Reaching for Credit Cards Less Often

Undergraduates are keeping smaller balances on their credit cards – at $2,169 – than at any time since 1998, according to a new study by student loan originator Nellie Mae.Nellie Mae's study analyzed credit card behavior of Nellie Mae student loan applicants over the last year, following up on three previous studies done in 1998, 2000 and 2001.
Community News

New Accounting Scholarship Unveiled at Chicago State University

Up to five outstanding accounting students at Chicago State University (CSU) will receive up to $2,5000 to help them overcome financial hurdles in earning their Certified Public Accountant (CPA) credentials. The Marian Powers Accounting Scholarship Fund has been established by Dr. Marian Powers and her husband, Dr. Belverd Needles, Jr. CPA, and is funded by the Illinois CPA Society’s CPA Endowment Fund of Illinois and Chicago State University.
Education & Careers

After SOX, Some CFOs Are Saying, 'I Never Signed Up For This'

In the last few years the role of the chief financial officer has been changing so fast that turnover is high, burnout is common and executives who succeed are quickly learning to be agents of change.With the advent of the Sarbanes-Oxley corporate reform legislation in 2002, CFOs are facing an avalanche of new regulations, strict deadlines, and tough scrutiny from investors and Wall Street analysts.SOX requires CFOs and chief executive officers to formally certify that their company earnings are accurate, among other rules, and the pressure to comply is forcing some CFOs out the door, ac
Community News

Professional Athletes Learn Business

Some kids dream about growing up to play football in the National Football League (NFL). Those lucky few who make it, often don’t dream any farther than that. The NFL and many individual teams, including teams sometimes considered “blue collar” like the Green Bay Packers, are working to help players prepare for life after football.“An NFL player’s career can end at any moment due to injury or being cut, and you have to be prepared,” 28-year-old Kabeer Gbaja-Biamila, a defensive end for the Packers told the Business Journal of Milwaukee.
Education & Careers

Gifts for Your Grad

It’s that time of year. Graduation. With so many choices, it might be a difficult to decide what to give your special graduate.
Community News

AICPA Names Outstanding Educator for 2005

Charles H. Smith, currently KPMG professor of Accounting at Penn State University, is the recipient of the American Institute of Certified Public Accountants’ (AICPA) Distinguished Achievement in Accounting Education for 2005.
Education & Careers

The Grad Gift That Saves Them Thousands of Dollars

The U.S. Department of Education recently announced that student borrowers, even those who are still in school or the grace period immediately after graduation, may consolidate existing government-backed students loans and lock in the low interest rates currently available.
Education & Careers

Federal Reserve Board: The Next Generation

If President Bush is having trouble finding someone to fill Alan Greenspan’s shoes as Chairman of the Federal Reserve, he might want to extend his search to students at Pittsford Mendon High School in Rochester, New York. They even have experience in the job, having won the 10th Annual Fed Challenge.The Fed Challenge is an academic competition providing high school students an insider’s view of how the Fed makes monetary policy.
Practice Management

Demand For Certified Bookkeepers Outpacing Supply

In the seven years since bookkeeper certification was introduced, 10,000 bookkeepers have registered for certification. Another 15,000 have requested information on the certification process.

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