Careers

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.
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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.
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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.
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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.
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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.
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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.
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Tax

AICPA Warns of Possible Pretexting Calls

The American Institute of Certified Public Accountants (AICPA), recently alerted members that someone posing as an AICPA employee has been contacting accounting firms requesting employee lists for various purposes. Depending on the type of information being requested, this type of call may be pretexting and it is illegal.The Federal Trade Commission (FTC) defines “pretexting” as the practice of getting personal information under false pretenses. Pretexters will use a variety of excuses in an attempt to gain personal information.
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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.
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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.
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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.
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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.
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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.
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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.
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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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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.
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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.
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Tax

Recruiting Accounting Grads for Enforcement

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

Voice of the Editor

Even though any accounting auditor would tell you it seems like there are an awful lot of tax accountants out there, surely one-third of the country isn't made up of tax preparers, so it's rather startling news to learn that one-third of Americans like to do their taxes. Who knew?
Read more
Gail Perry, CPA
Publisher/Editor-in-Chief, AccountingWEB
editor@accountingweb.com
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