Careers

Don't Turn Your Employees Into Victims

This article written by Steven T. Erickson CPA, CVA, Consultant-Advisor to Professional Service Firms.The shortage of experienced personnel in the accounting profession has become critical. According to most estimates, this will not change in the near future. Every firm is looking for a magical way to keep staff happy, motivated and out of the job market. We hear of everything from popcorn parties to back rubs to flex hours – but none of these seem to be the real answer.
A&A

CFOs Plan Moderate Hiring Activity in Second Quarter

According to a recent poll, Chief financial officers (CFOs) foresee a slight increase in financial hiring in the second quarter of 2002, according to the just-released Robert Half International Financial Hiring Index. Seven percent of CFOs surveyed said their firms plan to add accounting and finance personnel and 3 percent expect staff reductions. The net 4 percent increase is up one percentage point from the previous quarter's forecast. Eighty-six percent of executives anticipate no change in hiring activity.
Community News

Diversity Poll Identifies Top-Ranked Accounting Firms

A survey by The Black Collegian magazine of more than 2,300 African, Asian, Hispanic, and Native American undergraduate and MBA students found that corporate diversity is a critical factor for minority students in deciding upon employers, and several major accounting firms are among the companies that excel in this area.The accounting firms that were ranked among the top 50 are listed below, along with links to their diversity policies and rankings by The Black Collegian:
Community News

Rumors and Realities in Big Five Recruiting Practices

Rumor has it some Big Five accounting firms have delayed the start dates for 2001 graduates, and this is causing concerns on college campuses. The rumors have created quite a buzz on the Internet, inspiring web site cartoons and stirring up controversy on job-related message boards. But are they true? This article tries to separate out the rumors from the realities. Concerns on College CampusesAccording to the Wall Street Journal, the concerns on college campuses are real. (Some 2001 grads are still waiting to get started at their new jobs, February 19, 2002.).
Education & Careers

NJ CPAs Exceed $1M Goal to Support Accounting Students

Despite the restless economy and the resulting challenges for fundraisers, the New Jersey Society of Certified Public Accountants (NJSCPA) not only continued to reach for, but surpassed its $1Million Millennium Scholarship Campaign goal.The campaign, which ran for only 15 months and ended in January, raised more than $1,015,000 to increase the number and dollar amount of scholarships awarded to accounting students and to increase awareness about the benefits associated with a CPA career path.
Practice Management

Three Ways to Grow Your Practice in 2002

By Rich Walker, CPA, Director of IntuitAdvisorA new year means new opportunities for accountants to grow their practice. Here are some words of wisdom that will help you succeed in 2002.1. Focus on Great ServiceIt might sound simplistic, but superior customer service is the number one way to retain customers. Some suggestions for maintaining a great customer relationship are:Be responsive. Let your clients know they're important.
Education & Careers

Andersen to Address Faculty and Career Center Staff Concerns

With all of the talk about Enron and the role of Andersen as its auditor, students around the world are rightfully confused about whether to accept positions with the Big Five firm.In the first move to answer questions and calm the concerns of the entry level candidates, Joe Berardino, Andersen's CEO, will be hosting a conference call on Friday, February 15 at 2:00pm EST with key faculty & career center personnel of targeted universities around the country to discuss the Enron situation and communicate the firm's message regarding this issue.Several Andersen offices across North America
Education & Careers

Financial Planners Tackle Global Standards

Financial planning practices have developed rapidly in recent years in the U.S. and around the world. The AICPA has already established an accreditation designation for CPAs who specialize in personal financial planning (PFP). Now, an effort is underway to set global standards.
Education & Careers

Rx For Overworked Accountants During Busy Season

Tired of putting in 12-hour days, 7 days a week? Think there ought to be a law against mandatory overtime? Well, you’re not alone. The Japanese, known for long work hours, even have a word – karoshi – to describe death from overwork. Now, at last, there are products in the U.S. legislative pipeline that may actually cure this sickness without the expected side effects. The SicknessA study released in January 2002, by the Economic Policy Institute (EPI) confirms there are a few U.S.
Education & Careers

'CPA Career Adventure Challenge' Enters The Classroom

Fans of Survivor take note - there's a new adventure challenge coming to a school near you, and it's got "CPA" written all over it.Last October, AccountingWEB reported on an innovative new web based game, created by the Pennsylvania Institute of CPAs, designed to make the accounting profession attractive to high school students.
Education & Careers

Enron Heightens Job Worries for Accounting Students

Job worries and career concerns are uppermost in the minds of today’s accounting students. Tarnished images, low starting salaries, and declining enrollments are symptoms of the times. But help is on the way.College Reactions“Business Students Fret Over Job Prospects” (New York Times, January 26, 2002) describes college reactions to the Enron collapse and ensuing calls for reform of the accounting profession. A few highlights:Job prospects. Most students appear to be worried most about their job prospects.
Education & Careers

Plante & Moran Scores Big on Fortune's 'Best Companies' List

Leading the small group of CPA firms that made the latest annual Fortune 100 Best Companies to Work For list is Michigan-based Plante & Moran, once again breaking into the top ten on the prestigious list.
Education & Careers

Only Three More Paper & Pencil CPA Exams Left

Irvin Gleim, Professor Emeritus at the University of Florida and prolific CPA Review author, recently sat down with AccountingWEB to share his perspective on the coming changes in the CPA Exam.February 4, 2002 is the grade release date for the November 2001 exam. With that date coming up, it is a reminder that only three paper and pencil CPA exam opportunities are left before the conversion to a computerized exam. May 2003 will be the last CPA exam as we currently know it. Mr. Gleim encourages all current CPA candidates to finish up before November 2003.
Education & Careers

Best Degrees and Curriculum for Accounting Grads

In an article in the Winter 2002 issue of the Pennsylvania CPA Journal, two accounting professors at Ball State University explore the pros and cons of four types of degrees and curriculum available to accounting students today. MS, Accounting. The master’s in accounting degree provides the best preparation for the CPA examination.
Education & Careers

The Well-Traveled Accountant - The Value of International Experience

Accepting that transfer to your company’s Paris office could have far-reaching career benefits, according to a recent survey. Fifty-six percent of chief financial officers (CFOs) polled said international experience will be at least somewhat necessary for accounting and finance professionals five years from now.

Job Sharing - The Latest Benefit In the Workplace?

By Sarah Werley, Careerbank.com Over the last few years, the workplace landscape has changed. New philosophies and new benefits make employment a whole new ballgame for professionals such as you. Flextime, telecommuting, on-site childcare…the list goes on of evolving on-the-job programs. The latest trend? Job Sharing. It's a relatively new idea that seems to be catching on quickly, especially among working parents and students.
Education & Careers

Job Search Tips: Getting That Interview

Malcolm Finney of Management Dynamics looks at the ground rules for getting an interview with a prospective employer.Much has been written about the interview process. Books and articles abound offering advice to potential interviewees; how to sit; how to answer questions; how to ask questions; what to wear; and so on.The clear presumption is, of course, that an invitation for interview will naturally be forthcoming. However, sadly, it may not happen.
Technology

Is Your Resume Internet Friendly?

By Beth Jackson, reprinted from www.CareerBank.comResume etiquette is no longer a matter of hand-written vs. typewritten. Your resume, with all of its neatness and perfect grammar, can be your downfall if it’s not properly formatted for the electronic medium. Recruiters and employers are quickly turning to automated, electronic means to receive, process and eventually review resumes.
Education & Careers

2002 Accountants Salary Guide Released

Robert Half and Accountemps have released their new 2002 Salary Guide, designed to provide comprehensive data on average starting salaries for accounting and finance professionals.Salary ranges for 2002 are based on actual starting compensation in 2001. the information in the guide is derived from the job searches, negotiations, and placements conducted by Robert Half International's U.S. offices.Salaries projected in the guide reflect salaries at the time of hire and exclude bonuses and other factors that may be included in a starting compensation package.
Education & Careers

Credit Reports and Job Hunting

By Lester S. Rosen, Attorney at Law and President, Employment Screening Resources, reprinted with the permission of CareerBankEmployers can request credit reports before making a hiring decision, but applicants should be aware of their rights in this regard.Many job applicants are discovering that employers require pre-employment credit reports before they hire.

Pages

Voice of the Editor

What makes a company a great place to work? Experience, a ConnectEDU company, uses criteria that include benefits, career advancement opportunities, culture, and work/life balance to form its annual list of the Best Places to Work for Recent Grads. BDO USA and Ernst & Young both made the Top 25 list. Read what makes these firms stand out and find out what can be done at your firm to entice college grads.

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