Careers

Practice Management

2007 Salary Guide for Accounting and Finance Professionals Released

Compliance demands and expansion of businesses will increase the need for skilled workers in the accounting and finance fields and make recruitment even more difficult in the coming year, according to the 2007 Salary Guide released by Robert Half International.Advertisement
Technology

Job-Hopping May Not Be Good for Your Accounting Career

A recent survey from Robert Half Finance & Accounting indicates that the length of time spent by candidates in previous positions is an important factor in the hiring decisions.
Education & Careers

Firms Need to Attract New CPA’s

Accounting firms need to attract more students into the field to alleviate the severe talent drought, Leslie Murphy, chairwoman of the American Institute of Certified Public Accountants (AICPA), told an audience Wednesday.“Our profession has to do more to make it inclusive and attractive if we’re going to successfully compete with other career options available,” Murphy said in closing a conference in Boca Raton, Fla.Demand for accountants continues to grow due to trends in business and regulation, she said.“Business complexities mean it takes more time to complete routine acc
Education & Careers

College Grads Earn More; Accountants’ Pay Continues to Climb

The cost of a college education pays off for most people, according to data from the Census Bureau’s 2005 Current Population Survey released last week. The average gap in earnings for all working adults with a bachelor’s degree and those with high school diplomas is about $23,000 a year, the Associated Press reports. College grads earned an average of $51,554 a year in 2004, the most recent figures available, compared with $28,645 for high school graduates and $19,169 for high school dropouts.
Education & Careers

Half of All College Grads End Up Hating Their Job

Survey results suggest that half of the almost 1.5 million 2006 college graduates will end up being miserable and hating their jobs, according to a recent survey from The Conference Board.
Practice Management

Cohabitating Couples, Straight or Gay, Need to Know Rights

Now that the U.S. Census Bureau has found that married households are no longer the nation’s preferred living arrangement, the definition of “family-friendly” policies may change for a growing number of companies.For the first time, married couples make up a minority of the nation’s households, at 49.8 percent, according to the Census Bureau’s 2005 American Community Survey. Marriage did not play a part in 50.2 percent of roughly 111 million American family households.Single women headed 14 million households and single men headed 5 million.
Education & Careers

Downgrading Partners Could Cost Firm: EEOC Able to Seek Monetary Relief

The U.S. Supreme Court has declined to hear a petition filed on behalf of international law firm Sidley Austin Brown & Wood (Sidley & Austin) regarding the ability of the U.S. Equal Employment Opportunity Commission (EEOC) to pursue monetary damages and other individual victim-specific relief in the ongoing discrimination suit against the firm. The refusal comes just months after the number of workers age 55 and older reached 24.6 million, the highest level ever recorded, according to a study from Challenger, Gray & Christmas.
A&A

A Columbus Day Celebration of Accounting and Exploration

Once upon a time, an entrepreneur approached the most important and influential venture capitalists in the country in hopes of securing financing for his latest attempt to enter a new market. Having already successfully completed several trade missions and penetrated a variety of markets, he expected his proposal to be well-received. It was not.
Tax

New 2006 Special Enrollment Exam Unveiled

The Internal Revenue Service (IRS) announced last week that the new version of the 2006 IRS Special Enrollment Examination (SEE) is ready. The exam, required for those desiring to become Enrolled Agents (EA), has been substantially revised, as has the testing process.The IRS worked with Thompson Prometric, a company specializing is assessment services, to develop the test and enhance the examination process.
Education & Careers

Contentment Doesn’t Breed Confidence Among Accounting & Finance Professionals

The good news is that nearly three-quarters of accounting and finance professionals were still happy at work in September, according to the latest Hudson Employment Index for Accounting and Finance Workers. The bad news is their contentment didn’t translate into confidence, as the overall confidence level dropped 6.3 points, to 106.2 during the same period.These mixed signals, as accounting and finance professionals enter the fourth quarter, traditionally a strong period for industry workers as firms increase
Education & Careers

Study Finds Young Workers Displaced by New Immigrants

That the arrival of new immigrants in a state results in a decline in employment among young native-born workers in that state is just one of the stark images revealed by the authors of The Impact of New Immigrants on Young Native-Born Workers, 2000-2005.
Community News

Canadian CFOs Forecast Steady Fourth-Quarter Hiring

Hiring activity among Canada’s accounting and finance professionals is expected to remain steady during the fourth quarter, according to the quarterly Robert Half Financial Hiring Index.

Study Reveals Recruiting and Retention Trends, Employee Perceptions

The second annual Employment Dynamics and Growth Expectation (EDGE) Report released late last month by Robert Half International (RHI) and Careerbuilder.com shows hiring managers and employees with very different perceptions of the job market. Recruiting is more challenging today than one year ago, hiring managers say, with 81 percent reporting difficulty in finding qualified candidates, up from 55 percent last year. Employees, however, are less likely to negotiate higher salaries today. Only 12 percent of employees plan to seek higher salaries in 2006, down from 20 percent in 2005.
Education & Careers

Accounting Firms Among BusinessWeek’s “Best Places to Launch a Career”

When it comes to launching a career, four accounting firms have made BusinessWeek’s list of best places to start. Only three of the “Big Four” firms, Deloitte & Touche USA LLP, Ernst & Young and KPMG LLP, are among the top 55 places to launch a career.
Education & Careers

Ethics & Compliance Officers Still Valued in American Corporations

The results of the 2006 Ethics & Compliance Officer Association (ECOA) Compensation Survey are in and findings indicate pay for the top ethics position continues to grow.
Education & Careers

Going Once, Going Twice: A New Paradigm for Accounting Professionals

A new company is trying to change the way businesses find and hire accounting, auditing and information technology services.Advertisement
Community News

Accounting Firms Take Long-Term Recruitment Approach

Big Four accounting firms are no longer focusing their recruitment efforts on college business schools, now they’re targeting high schools as well.Taking a long-range view of workforce planning, firms are wooing high schoolers with internships, scholarships and college grants, according to the Wall Street Journal. The idea is to build relationships and loyalty that will sway the students to choose their firm upon college graduation.Take Geovannie Concepcion as an example.
Education & Careers

A Conversation with the Next Generation of Accounting Professionals

Laura Holmes was so sure she wanted to emulate her father and be an accountant when she grew up that she donned one of his suits and identification badge to go trick-or-treating.She was just 10 years old then. These days, the accounting major at California State University in Sacramento, remains true to her aspirations. But what is less certain is the career path Holmes will take following graduation in December.
Education & Careers

Accounting & Finance Worker Confidence Hits Summer Doldrums

Worker confidence among accounting and finance professionals fell 3.4 points, to 106.6 in July, according to the latest Hudson Employment Index. This level is lower than July 2005 when the confidence level among accounting and finance workers was 110.
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.

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