Careers

Education & Careers

Ask Tough Questions Before Decision to Start Franchise

High startup costs, long hours, and hitching your fortunes to a find-it-anywhere chain; these are the dilemmas that keep many entrepreneurs from starting a franchise. But some see advantages instead of obstacles and leap in with both feet. Some franchise owners see great value in services the franchisor provides, such as use of the brand name, and the company's help in administration, finding a good location, training, store leasing, construction, and more.
Education & Careers

The Art of the Elevator Speech

In a world that is as busy and hectic as ours is, it is important for you to have some idea on how to properly answer the question, "So what do you do and where do you work?" This is your 20-30 seconds of fame, the time when you have someone’s attention and you can distinguish your firm from all others.
Education & Careers

CISA and CISM Are Strong Certifications

A study has found that the Certified Information Systems Auditor® (CISA®) and Certified Information Systems Manager® (CISM®) are notable certifications sought out by companies and hiring individuals.
Practice

CMA/CFM Credentials Designed for Professionals Working in Industry

The Certified Management Accountant (CMA) credential is conferred by the Institute of Management Accountants (IMA) upon applicants with a bachelor’s degree and at least two years’ management accounting experience, who have completed a four-part examination within a period of three years. Management accountants, who are employed inside industry, government, and academic fields are also called cost, managerial or private accountants, according to the Department of Labor’s web site.
Education & Careers

Accounting Professor Named Governor’s Professor of the Year for South Carolina

Christine Crosby, who teaches accounting at York Technical College, was named the 2005 Governor’s Professor of the Year for South Carolina’s two-year colleges in a ceremony last Thursday at the state Capitol Rotunda. The formal citation is accompanied by a $5,000 check.Ms. Crosby served as Accounting Program Manager, the equivalent of department chair, at York Tech for 10 years but left that position in 2005 to return to full-time classroom teaching and academic advising, according to a biography on the South Carolina Commission on Higher Education (CHE) web site.
A&A

Entrepreneurs Critical Piece of Economic Picture

Low taxes, manageable regulations and few obstacles to entering the business world are keys to encouraging small business growth around the world, a federal economist said last week."Countries around the global are discovering how important small business is for their growth and long-term economic health. Their policies toward entrepreneurship differ, but the results of similar policies are consistent,” Chad Moutray, chief economist of the U.S.
Practice Management

Wanted: Accounting Grads, Willing to Pay Gym Fees

Overworked accounting executives are finding that great pay and benefits aren't enough to attract top talent.Satisfying the crushing demand for accounting services means getting creative: offering athletic club memberships, flexible work schedules, telework options, bonuses, training opportunities and the intangibles, such as a positive “work environment” and “work-life balance.”
Practice

White Paper Overview: CPA Firms Lack Formal Staffing Programs

Few certified public accounting (CPA) firms have formal, documented programs for attracting and retaining qualified staff members a recent survey conducted by the Private Companies Practice Section (PCPS) of the American Institute of Certified Public Accountants (AICPA). Survey results appear in the white paper Best Practices in Recruiting and Retaining Talented Staff. “Unfortunately, many firms believe that they lack the resources to implement a formal program.
Technology

Finance and Accounting Outsourcing is Expanding

The Everest Research Institute reports that the Finance and Accounting Outsourcing (FAO) is an expanding sector in the Business Processing Outsourcing (BPO) market. Approximately 70 percent of the 108 multi-process FAO contracts have been signed since 2001 according to the report. Industry analysts estimate in the current edition of Tekrati that the value of current FAO contracts have reached $12 billion.
Education & Careers

Katrina Exodus Proves Just How Mobile Americans Are

America is a mobile society. A fact demonstrated by the 1.3 million households from the Gulf Coast communities affected by Hurricanes Katrina and Rita that USA Today reports have dispersed to every state in the nation.
A&A

Canadian CFOs Forecast Fourth Quarter Hiring

Thirteen percent of Chief Financial Officers (CFOs) at Canadian companies expect to add staff during the fourth quarter of 2005 according to the latest Robert Half International Financial Hiring Index. Only 2 percent of those surveyed expect to reduce staffing levels while 82 percent do not expect any change to current staffing levels.“Businesses are adding accounting and finance personnel to support new system upgrades and business expansion,” Jeff Holloway, a vice-president of Robert Half International said in announcing the findings.
A&A

Telework Seen as Important Perk, Especially for Women

Hurricanes, high gas prices, soaring office rents, stressful commutes. While telecommuting has been growing more popular in recent years, events of the last several weeks may prompt even more companies to jump on board.Technology businesses pioneered flexible work arrangements in the 1990s. Service firms, such as PricewaterhouseCoopers, followed. Now, wide use of mobile phones, broadband and wireless Internet access has made working out of the office even easier, and employees consider it an important benefit.
Education & Careers

Middle Managers Carrying Companies Through Rocky Times

With companies increasingly looking outside their own ranks for top talent, the ability of the middle managers to quickly adapt during the transition is critical.While the CEOs enjoy high profiles, big salaries and generous bonus packages, middle managers are often the forgotten heroes of big-business transformations. And CEOs who recognize this can themselves enjoy greater success.The Wall Street Journal reported that dozens of CEOs have been ousted in the last 12 months.
A&A

Unemployment Insurance Celebrates 70 Years of Assistance

Created by the law that created the Social Security system, Unemployment Insurance is celebrating an anniversary. The Social Security Act of 1935 set up the federal-state partnership for the unemployment insurance (UI) program and Michigan was the first state to adopt their own UI law.“Citizens really need this program. There are thousands and thousands of workers all across the nation that depend on this program,” said Ron Macksoud, a public information specialist of the Alabama Department of Industrial Relations speaking with the Auburn Plainsman.
Education & Careers

Massive Unemployment and Relief in the Wake of Katrina

Forecasts by the Congressional Budget Office (CBO) are putting unemployment at 400,000 in the wake of Hurricane Katrina. The CBO released a report on the nation’s worst natural disaster and its economic impact last week. Although Katrina caused a “significant but not overwhelming"impact to our economy, recession is not expected as a result of the storm. Estimates of pre-Katrina payroll job growth were set at between 600,000 and 800,000 and those numbers will be be reduced by the 400,000 in the final quarter of the year.
Community News

UPDATE: Website Dedicated to Small Business Jobs for Katrina Evacuees

A website at www.KatrinaDisplacedJOBS.com dedicated to listing job openings specifically for evacuees of areas devastated by Hurricane Katrina, has been created by Ascent Business Systems, Inc. and Intelligent Netware. The web site will be available on Tuesday, September 13, 2005.
Education & Careers

Starting Salaries Increase for Accounting Grads

Accounting firms lead all other employers in hiring new college graduates according to the summer 2005 issue of Salary Survey of the National Association of Colleges and Employers (NACE), the Westchester County Business Journal reports.
Community News

Paton Accounting Center May Be Sacrificed

Efforts to modernize the University of Michigan’s Stephen M. Ross School of Business may cost it the Paton Accounting Center. The Center was built and dedicated to well-known accounting professor William Paton in 1976. Construction was financed entirely by former students and friends. Efforts to preserve the building are being led by Paton’s son, William Jr. who has a Ph.D.
Education & Careers

The Value of Ethics & Compliance Officers

Salary.com and the Ethics Officer Association (EOA) have announced the results of the 2005 EOA Survey of Ethics & Compliance Officer Jobs. The results of the survey indicate an increase in the value of ethics and compliance officers as gauged by their compensation.
Education & Careers

CPEs Can Lead to MBA

Continuing professional education (CPE) courses are part of life for every Certified Public Accountant (CPA). They are stepping stones to successful careers and practices.

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