Careers

A&A

Study: Northeast Tax Codes Unfriendly to Businesses

A new study pinpoints the Northeastern states as having some of the worst business tax systems in the country.New York has earned the dubious distinction of having the most unfriendly business tax climate in the country.
Education & Careers

Oil Industry & Accountants

With a shortage of accountants specializing in the oil and gas industry, EnCana Oil & Gas (USA) Inc. paid $20,000 to partner with the business school at the University of Colorado, at Denver, (UCD) for an oil and gas accounting course. EnCana USA is a subsidiary of Canadian giant EnCana Corporation located in Denver, according to the Denver Business Journal. The company is paying for the books for the course.
Practice Management

A Conversation With...Leslie Murphy

When Leslie Murphy ascended to chairwoman of the American Institute of Certified Public Accountants (AICPA) in October, she pointed to the looming shortage of public accountants as a serious challenge facing the profession.Added pressures stemming from compliance with the Sarbanes-Oxley Act is causing strife and turnover, creating an environment in which one in six CPAs left his or her job in 2004, she said during her inaugural speech.But despite the challenges, Murphy remains upbeat about the future, as more college students are seeking the profession as a career, she told AccountingWEB
Education & Careers

Office Romance

Valentine’s Day is not the end of romance in the office.
Education & Careers

The Accounting Profession in 2006

A new study shows about 25 percent of those in the accounting or finance profession are dissatisfied in their current jobs. Some 33 percent said they planned to find a new job in 2006. The survey, Job Forecast 2006 – Accounting/Finance was conducted in late 2005, by CareerBuilder.com.CareerBuilder.com collected survey responses from more than 150 accounting and finance workers between November 15 and December 6, 2005.
Practice Management

Lifestyle Lures Accountants Abroad

The key reason accountants chose to relocate overseas is lifestyle, according to Think Global Recruitment’s annual survey. Apparently, it is not an unreasonable expectation, since 94 percent of those surveyed report enjoying an improved lifestyle after relocating overseas.
Community News

Present, Future Looking Good for Accounting Grads & Professionals

Things are looking good for accounting professionals these days. Confidence among accounting and finance workers increased 8.7 points to 112.6 in January, according to the Hudson Employment Index. In addition, results from a survey of chief financial officers (CFOs), conducted by AccountTemps, reveal that today’s accounting graduates are equally or better prepared for their careers than they were ten years ago.
Education & Careers

Corporate Fraud, Regulation and Ethics

With new laws and regulations, short-term financial goals continue to drive corporate decision-making creating pressure and motive for accounting fraud, according to the Washington Post. The simple fact is that regulators cannot pass laws that force corporate executives to act with integrity or prompt investors to do their research before buying stock and other investments. For the first time in some 70 years, accountants, serving as gatekeepers, face independent oversight. “The profession has taken a bit of a bloody nose in the last few years,” Chester J.
Education & Careers

Starting Salaries for Canadian Accounting Pros Increasing

In Canada, starting salaries in accounting and finance are projected to rise an average of 2.5 percent in 2006, according to the 2006 Salary Guide from Robert Half International, Incorporated. The 2006 Salary Guide is based on an analysis of the thousands of job placements managed by the company’s Canadian offices.“Business expansion and corporate governance initiatives are driving recruitment in the accounting and finance industries,” says Jeff Holloway, a vice-president with Robert Half International.
Practice Management

Office & Public Rudeness Counterproductive

With business and office communications becoming more faceless, e-mail and phone communication may be causing a rise in office rudeness. Studies are being done and books are being written on the subject as productivity is sapped, as well as some efforts to retain good talent, according to the Wall Street Journal. The distance between management and workers seems to be growing, too.
Education & Careers

Effective Methods for Developing Global Leaders

“The best way to accelerate global leadership development is to have a sound framework,” Robert Kramer, Principal Researcher, The Conference Board and author of the report Developing Global Leaders: Enhancing Competencies and Accelerating the Expatriate Experience, says.
Education & Careers

Jobless Claims Plunge

Those applying for U.S. state unemployment benefits decreased by 35,000 to a seasonally adjusted 291,000 in the last week of 2006. The Labor Department reports this is the lowest figure since September 2000. The Labor Department cautioned that this data at this time of year is volatile because of the holidays and large expected swings in seasonal employment. The four-week moving average for new claims also hit the lowest figure since August 20th, when Hurricane Katrina devastated the Gulf Coast.
Practice Management

What Is Environmental Accounting?

Environmental Management Accounting (EMA) is a cover title used to describe different aspects of this burgeoning field of accounting. The focus of EMA is as a management accounting tool used to make internal business decisions, especially for proactive environmental management activities.EMA was developed to recognize some limitations of conventional management accounting approaches to environmental costs, consequences, and impacts. For example, overhead accounts were the destination of many environmental costs in the past.
Education & Careers

The Less Traveled Road to Success

Let me tell you about my friend and former student Kelly McCoy. He was abandoned as a young boy and reared by his destitute grandmother. Although he was not a good high school student, unlike anyone else in his family, he graduated from high school. After an injury truncated his Army enlistment, he meandered aimlessly for 5 years – nearly losing an arm after someone used him for target practice.But somewhere along the way Kelly got the bug to become an accountant.
Practice Management

Accountants’ Confidence Slides in December

Accounting and finance workers confidence fell nearly five points in December, according to the Hudson Employment Index. Despite reporting the lowest figure of the year for job satisfaction, at 68 percent, and declining confidence in hiring expectations and job security, they still remained more positive than other workers.
A&A

Making Career Resolutions for the New Year

New Year’s resolutions shouldn’t be limited to losing weight, or exercising more, experts say. Most people can also benefit from making a few New Year’s work resolutions. “Whether a person wants to improve relationships with managers and colleagues at an existing position, or go after a dream job elsewhere, the new year presents a natural starting point for the process of obtaining that goal,” Robin Bond, a practicing employment attorney says.
Education & Careers

The Holidays and Family Businesses

Work can be a main topic of conversation at holiday celebrations especially in family businesses. Frustrations and shop talk can dominate times that would be better spent creating fonder memories. Family get-togethers can be more pleasan even for those spending innumerable hours working in a family business. Business-focused conversations don't have to turn into business meetings, as long as you remember that there are other important things in life. Family holiday gatherings should ideally be free of business disputes or serious discussions about hanging issues about the business.
A&A

White Paper Overview: Small Business Owners Should Maintain Control

A new study shows that family-owned small businesses have fewer fraud and cost problems than big companies, or other small companies with outside managers.The white paper, produced under a contract with the Small Business Administration's Office of Advocacy, stated that owners that manage their own businesses keep costs down effectively.
Practice Management

Deloitte Head Predicts Single Global Partnership Structure for Big 4

William Parrett, chief executive of Deloitte Touche Tohmatsu, the firm’s global umbrella organization, said that he expected “both from a business standpoint and a regulatory standpoint, [that the] larger firms will evolve to a global partnership over the next decade,” The Australian reports. The existing structures consist of networks of member partnerships established in the countries in which they operate. Mr. Parrett said that although it would constitute a huge change, regulators were likely to push accounting firms to become single global partnerships.

First-Quarter 2006 Finance Staffing Outlook Holding Steady

Seventy-nine percent of chief financial officers (CFOs) expect no change in accounting and finance staffing levels during the first three months of 2006, according to the Financial Hiring Index conducted quarterly by Robert Half International. Eight percent of those surveyed plan to increase staffing levels during the first quarter of 2006 while another 8 percent foresee reducing staffing levels during that same period.

Pages