Careers

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.
Practice

Dress for the Job -- Appearance and Paycheck

Make sure to have a homework shirt in back-to-school wardrobes, says Ken Haller M.D., assistant professor of pediatrics at Saint Louis University School of Medicine according to Newswise. “What a child is wearing can really help him to buckle down and study.” Haller said that he first heard of the idea of wearing special homework clothes in a psychology class in medical school. Wearing the homework shirt helped him because it said it was time to study.
Education & Careers

Choosing a Financial Planner Takes Some Research

Investors of all ages believe they need professional help to manage their money, leading them to question the best way to find a skilled financial planner they can trust.A new survey shows half of “GenX” investors (26 to 40 years old), 46 percent of “Boomers” (41 to 59) and 45 percent of “Matures” (60 to 82) say they “need the help of professionals” in managing their investments.
Education & Careers

American Hiring Up in July

The Department of Labor reports that American payroll jobs increased by 207,000 in July. This gain follows a June increase of 166,000. Both these figures are preliminary data. Employment gains hit a low in May 2003 but total nearly 4 million since that time as reported by the Bureau of Labor Statistics. The unemployment rate for July also remained steady at 5 percent.
Education & Careers

Survey of Financial Pay in the Manufacturing Industry

The median annual income reported for Chief Corporate Financial Officers (CFO)in the manufacturing field is $130,032, but 10 percent make less than $87,414 and 10 percent make over $259,603. Of course, not all financial professionals working in the manufacturing industry are CFOs. Even among CFOs, pay varies widely with the fiscal size of the manufacturing firm. For example, CFOs in manufacturing firms with annual revenues of $10-$24.9 million have a median annual income of $111,916 vs.
A&A

AICPA: CPAs Have What it Takes to be CFOs

What does it take to be a good CFO? Expertise in accounting, financial reporting and internal controls, says the AICPA, and CPAs possess the skills to excel in the role.That's the position the AICPA lays out in a new white paper, "CPAs as CFOs: Why You Should Have a CPA in Your C-Suite." The paper outlines the many new demands on the CFO and how CPAs are particularly attuned to handle the variety of operational, financial and compliance challenges."There is a dual role for today's CFO," said AICPA President and CEO Barry C. Melancon, CPA.
Education & Careers

Mark Your Calendar: Compliance & Ethics Institute

The Society of Corporate Compliance and Ethics (SCCE) is offering a rare look into the compliance and ethics programs at some of America’s leading companies during the 4th Annual Compliance and Ethics Institute.
Community News

Accounting Across State Lines

Greater client and workforce mobility has presented accountants with a number of unusual challenges. It’s not just the challenge of figuring out who owes what to which taxing authority, complex as that can be. It’s also making sure that the accountant, firm and client are operating legitimately.An easily overlooked footnote in KPMG’s tax shelter problems, demonstrates the challenges facing firms as they grow.
Education & Careers

The Number of Minority-Owned Businesses Expands

The Census Bureau reports that the number of minority and women-owned businesses have increased over a five year period between 1997 and 2002. Their Survey of Business Owners reveals that the total number of businesses increased at a rate of 10 percent or about 2 million. Minority and women-owned businesses have grown at an increasing rate. The number of businesses owned by Asians grew by 24 percent while African-Americans minority businesses grew by 45 percent. Hispanic minority businesses grew by 31 percent.
Community News

Moms Avoid Cubicles, Work from Home

As fewer employers offer flexible work schedules, more mothers are turning to their home computers to find that elusive balance between making an income and raising their children.Mothers are using their child's naps or play dates to work from home. That way, they can make money and be involved in their kids' lives without stepping foot into a cubicle.
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.
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.
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.
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.
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.
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.
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.
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.
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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