Education & Careers news

Tax

Expected Back-To-School Spending Increases

Back-to-school shopping is expected to increase this year according to MasterCard International’s second annual Back to School Spending Index survey. College age and under students might expect to have an average of $573 spent on them by their parents this year in preparation for the new school year according to the survey. The National Retail Federation reports that we Americans spent a total of $40.6 billion in back-to-school shopping in 2004.
Community News

Moms Avoid Cubicles, Work from Home

As fewer employers offer flexible work schedules, more mothers are turning to their home computers to find that elusive balance between making an income and raising their children.Mothers are using their child's naps or play dates to work from home. That way, they can make money and be involved in their kids' lives without stepping foot into a cubicle.
Education & Careers

Mark Your Calendar: A Three Year Retrospective of SOX

“The Sarbanes-Oxley Act: A Three-Year Retrospective” is the theme of the 2005 Annual Meeting of the American Accounting Association (AAA). The meeting, which is being held August 7-10, 2005 in San Francisco, California, offers attendees an opportunities to learn, communicate and network with others in the accounting industry.Among the speakers to be featured at plenary sessions, luncheons and the opening dinner include: Judy Rayburn, AAA PresidentDennis Beresford, Ernst & Young Executive Professor in the J.M.
Community News

Accounting Gets Hip—Companies Scramble for Talent

It's got it all: great pay, generous benefits, a fast career track and the respect of the highest executives in corporate America.It's accounting, which is fast becoming one of the most prestigious and in-demand careers around. Thanks to a spate of corporate scandals and the flood of jobs created by the Sarbanes-Oxley reform legislation, talented accountants are being wooed with raises, bonuses and a long list of perks.Even those just starting out are being recruited heavily.
Education & Careers

“Show Me” Slackers

The average American worker only spends about six hours of an eight-hour workday, not including lunch, actually working, according to a new survey from Salary.com and AOL.
Education & Careers

Have Laptop, Will Travel

“The world’s my home… When I’m mobile”: ‘Going Mobile’ by The Who, 1971A glance around the business class lounge at any airport lounge will bring you face to face with numerous varieties of that modern day creature, "The Mobile Worker". Logging in the available workstations, checking email on their BlackBerries, or using cell phones to speak with their assistant at the home office, these travelers are the modern incarnation of the "Global Economic Elite" ("GEE").WHO ARE THE GLOBAL ECONOMIC ELITE?There are two general archetypes of GEEs.
Community News

Deloitte Establishes National Chair to Advance Women as Leaders

Deloitte & Touche USA LLP has joined forces with the nation’s only business school designed for women to establish an endowed chair devoted to the advancement of women as leaders. The first Deloitte Ellen Gabriel Chair for Women and Leadership at Simmons School of Management in Boston is Deborah Kolb.The Deloitte Ellen Gabriel Chair for Women and Leadership is designed to help shape the national discourse on women and leadership by studying and recommending strategies for advancing women into leadership roles in all sectors of business and government.
Education & Careers

Accounting Firms Rushing to Fill Jobs; Minorities Targeted

With the demands of corporate reform legislation bearing down on public companies, the Big Four are hurriedly hiring new talent and seeking a more diverse workplace.Accounting to CareerJournal.com, experienced financial managers are badly needed to deal with the rigors of the Sarbanes-Oxley Act's stricter auditing and accounting rules.
Community News

Why We Need Financially Literate Children

Kudos to the state of Missouri on its proposal to require high school students to take a personal finance class in order to graduate, and to the House of Representatives for supporting similar instruction beginning in kindergarten, as recently reported in a local televised newscast. This type of education is sorely needed right now. Financially speaking, it’s a pretty bleak world out there. Instruction on handling money will help young people avoid some of the financial pitfalls that have trapped many of their parents.
Community News

Illinois CPA Society Honors Top Scorers on CPA Exam

The Illinois CPA Society recognized outstanding achievement on the 2004 CPA Exam with Excel Awards presented at the Spring CPA Awards Reception in May. The Reception was held to recognize and celebrate those individuals who successfully completed the Uniform CPA Examination in Illinois during recent months.Individuals earning the top three examination scores across the state were honored with Excel Gold, Silver and Bronze Medals.
Community News

Defense Accountants Rally to Save Their Jobs

Federal defense workers in Ohio and New York rallied the Base Realignment and Closure (BRAC) Commission to save their jobs.Workers from the biggest accounting system in the world, the Defense Finance and Accounting Service, which handles military payroll, made their case Monday at a hearing in Buffalo, N.Y., near the Niagara Falls Air Reserve Station, which is scheduled for closure.
Community News

Accountants Among 100 Most Influential People in Finance

Ten percent of the movers and shakers in corporate finance are accountants, according to Treasury and Risk Management magazine.The third annual list of the 100 most influential people in finance includes CEOs, CFOs, treasurers, and other executives from leading corporations, as well as professors, regulators, members of Congress, and even the President.
Education & Careers

Texas Passes Financial Literacy Law

How many teens know the value of a dollar? How many can balance a checkbook or understand a budget? On June 17, 2005, Texas joined the seven, now eight, states, where the answer to these questions better be: most of them.“Since American teens spend billions of dollars each year, it’s imperative that they learn smart spending and saving habits early in their lives,” Ed Polansky, Chairman of the Texas Society of Certified Public Accountants (TSCPA) said in testimony supporting HB 492.
Practice Management

Survey Shows Management Accountants Earn Top Dollar

Public accountants are no longer at the top of the salary heap, according to a new survey by the Institute of Management Accountants (IMA).The IMA, in its 16th annual salary survey, announced that management accountants and finance professionals are in first and second place, respectively, in average salary and total compensation in 2004.
Education & Careers

Graduate Student in Accounting Becomes Miss Louisiana

Molly Causey, a 22-year old graduate student in accounting at Louisiana State University (LSU), was crowned Miss Louisiana on Saturday. Ms. Causey, in addition to an $8,000 scholarship and about 30 other prizes, will go on to represent Louisiana in the Miss America Pageant.This was Ms. Causey’s third attempt to wear the Miss Louisiana crown. She entered the pageant as Miss Shreveport. Ms. Causey performed Franz Liszt’s piano solo “Hungarian Rhapsody No. 2” to win Friday’s preliminary talent competition. The Miss America Pageant is traditionally held early in September.
Education & Careers

Accounting Grads, Employers Get Creative

Recent surveys indicate that those graduating with degrees in accounting or finance have excellent prospects for finding their first job. Many graduates, and employers, appear to be having difficulty connecting with each other.
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?

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