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Deloitte Determined to Advance Women

Big Five firm Deloitte & Touche has announced the launch of a new initiative called Vision 2005. The program provides a new set of goals for the company with the objective of doubling the rate at which women are admitted to partner or director positions by 2005.The current female partner/director admission rate at D&T is 18 percent. The company expects this rate to reach 35% by 2005. James E.
Community News

Accenture Partners Start to Scatter

Competitors of Accenture, the management consultancy firm formerly known as Andersen Consulting, are noticing a steady increase in the number of Accenture partners applying for jobs.Accenture is expected to file its prospectus for a float early this summer.
Education & Careers

Career Networking Tips and Ideas

Networking is a matter of maintaining relationships with people who can assist you in your future professional objectives. These people could be bosses, coworkers, subordinates, competitors or golfing buddies. The following is a short list of tips to assist you in maintaining a viable professional network. Make a conscious decision of with whom you want to keep in contact for your network. Choose quality over quantity. Don't feel the need to network with people who can't assist in furthering your career. Remember that every contact you make can be important.
Education & Careers

Emerging Job Titles for the Accounting Profession

What's in a name? As new specialties and roles emerge, the accounting profession is likely to find new names for changing functions. Here are some titles already growing in popularity: Financial Manager (also Financial Analyst, Financial Specialist) Combines financial knowledge with management, marketing, and operational skills in order to recognize the impact of financial data on the business as a whole and on individual departments.
Education & Careers

A New Bottom Line for Next Generation Accountants

Research conducted by Robert Half International, Inc.
Education & Careers

PricewaterhouseCoopers Asks Fall Recruits to Wait

Yielding to pressures of a slowed economy, several companies that have made fall job offers to this spring's college graduates are now asking those grads to wait as along as a year to begin work.The length of time for many summer internship programs is also being cut from a generous 10-12 weeks to a tighter schedule of seven weeks.PricewaterhouseCoopers is one of the firms feeling the crunch of having offered jobs when the economy and the workload looked brighter. Not wanting to rescind job offers, the firm has instituted a seniority plan for offers that were accepted.
Community News

Deloitte to Endow $1 Million Doctoral Consortium

The Deloitte & Touche Foundation has received a $1 million donation from former Foundation CEO and former Deloitte & Touche LLP chairman and CEO J. Michael Cook. The money will be used to endow a doctoral consortium for the American Accounting Association (AAA) whereby advanced doctoral candidates will be able to meet and exchange ideas with college faculty. "I have always been very proud of the firm's support of education," said Mike Cook.
A&A

AccountingWEB's Recommended Research Site-Check it Out!

The U.S. Department of Labor’s Web site provides a wealth of information for students, accounting professionals, and human resources representatives. At this site, you can gather information on a specific industries, occupations, projections for an occupation, or trends for a client’s industry. The site highlights many areas including Career Guides, Inflation and Spending Guides, Employment Projections, Wages by Occupation, and Employment Cost.
Education & Careers

ExamWeb Rescues CPA Review Students

Mark's CPA Review, Inc., a California-based CPA exam review company, declared bankruptcy and cancelled all ongoing CPA review classes last week, much to the dismay of about 1,000 students, currently enrolled in the company's preparation course for the May, 2001 CPA exam.Rushing to the rescue is ExamWeb, a privately held assessment company that offers online review courses in, among other things, the CPA exam.
Education & Careers

Record Earnings for Outside Board Members - Study

According to a recent study conducted by the global management consulting firm of Towers Perrin and reported by CFO.com, the average total compensation for outside board members of S&P 500 companies has sky rocketed. The average compensation in 2000 according to the study was $100,807. This increase according to the study is mainly due to the growing number of companies compensating their directors with stock options instead of cash payments.
Education & Careers

Grads Dress for Success-Tips on Professional Appearance

Once you've graduated and enter into your career of choice, the rules for success are not as straightforward as they were in college. Deciding what to wear will be the first of many important decisions you'll make each day. Why is what you wear so important? Because your clothes are your packaging. The way you look creates the first impression that people will have when they interact with you face-to-face. This is the image they'll keep in their minds when they have subsequent contact with you on the phone or through e-mail.What you wear shows how you rate the events of the day.
Education & Careers

Seeking Financial Aid for College? Check Out These Sites

If you're like most students, you'll probably need some help with college costs. The first step is to apply for federal aid.
Education & Careers

Managing Generation Gaps: Tips for Generation-Xers

As more and more Generation-Xers enter into management positions, companies need to prepare for the inevitable changes, from dress code to working hours.More and more often, these young managers are taking charge of those multi-million dollar projects and even companies, which may rock the boat, so to speak. Below are just a few issues of this trend:Work to live, not live to work - Gen-Xers are very much into measuring performance by output.Pay your dues - Gen-X managers are focused on performance rather than hours worked or tenure.
Education & Careers

Dressed in Sweat Pants and Working Hard

The traditional nine to five, or should we say nine to nine this time of the year is not the only way to make a living!
Education & Careers

Telecommuting and the New Workplace - DOL Overview

The U.S. Department of Labor has issued a paper on the impact of telecommuting in the U.S. The paper, called "Telework and the New Workplace in the 21st Century," presents the work of scholars, economists, social scientists and others who were present at a symposium conducted by the DOL last October. The paper outlines three issues of telecommuting. They include telework's potential to help employers address the skills-shortage, its potential to help workers meet family obligations, and its potential to help society achieve greater workplace diversity.
Education & Careers

Tailor Your Day for Productivity - Focuser or Juggler Quiz

Knowing your work style, and personal patterns is essential in managing your day-to-day activities. How you balance your daily activities is crucial for the upcoming tax season, or as you prepare for entry into the accounting profession. Some people are focusers - they work best when they focus on one project at a time until it is completed. Some people are jugglers - they work best with several projects going at the same time.
Education & Careers

Student Interest in Accounting Dropped Over Last Decade

Here are some alarming statistics regarding students' interest in accounting.The number of students interested in accounting has dropped over the last decade. In 2000, only two percent of college students pursued an accounting degree, down from four percent in 1990.
Education & Careers

Women Accountants Continue Advancement to Management Ranks

Women made up nearly 60 percent of the accountant and auditor workforce in 1999 according to the Department of Labor. The AICPA did its own research and found that women now earn more than half of all undergraduate degrees in accounting. A survey conducted by RHI Management Resources, found that 43 percent of CFOs polled said the number of management-level positions held by female accountants in their firms has increased over the past five years.
Education & Careers

Accenture Offers Key Points for Success in E-Management

Do you envision yourself at the helm of an Internet-based company?
Community News

A New Era of Accountability-Winning the Talent War for Women

A few years ago, Deloitte & Touche took a good hard look at its efforts to retain and advance talented women professionals. They were recruiting nearly as many women as men, but they experienced a much higher turnover rate for women. They realized that many of the women left due to a lack of advancement opportunities in the male-dominated environment. The firm decided to hold an intensive workshop for over 5,000 of its U.S. managers to discuss the subtle gender-based assumptions many of the women experienced.

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