Students

Education & Careers

Accounting foundation announces 2008 scholarship winners

Like all professions, the accounting profession is continually working to ensure a steady flow of qualified young people into its ranks.Since 1969, the National Society of Accountants (NSA) Scholarship Foundation has provided nearly $1 million to deserving undergraduate and graduate students who are committed to pursuing a career in accounting, helping to develop more qualified young accountants.This year, 44 students will receive scholarships ranging from $500 - $2,000.
Education & Careers

Financial meltdown a learning tool for many students

The traders look panicked by the crisis. Congress - torn as to how to fix it. Finance, business and accounting students, however, are transfixed as they watch this historic scene play out before them. And - watch its lessons trickle into the classroom. "I've been in and out of school with work and stuff for years and then to all of a sudden have everything in an uproar all in one semester, yeah, it's amazing. It's amazingly daunting and it's amazingly exciting," says State University of New York Institute of Technology accounting student Nicole Lawrence.
Tax

400 colleges get letters from IRS

Approximately four hundred U.S. colleges and universities will begin receiving compliance questionnaires from the Internal Revenue Service in the next few days as part of the agency's focused effort to study key areas in the tax-exempt community. The college and university questionnaire will focus on unrelated business income, endowments, and executive compensation practices. The questionnaires are being sent to a cross-section of small, mid-sized and large private and public four-year colleges and institutions.
Education & Careers

Job fairs are so last century

Accounting firms that want to recruit college students for internships and post-graduate positions are finding that, in a buyer's market, the firms that want to sell their positions to students, need to go beyond the traditional campus Accounting Days and job fairs and reach out to students in innovative ways.Both Deloitte and Ernst & Young launched video contests last year.
Education & Careers

AICPA and Ad Council launch Feed the Pig for Tweens

The American Institute of Certified Public Accountants and The Advertising Council are seeking to create a nation of young savers with Feed the Pig for Tweens, a new financial literacy curriculum for fourth to sixth graders. "It's vital that we instill the importance of smart money habits in our children," said Carl George, chairman of the AICPA's National CPA Financial Literacy Commission.
Education & Careers

Senator proposes new tax form for universities

Colleges and universities may need to use a new tax form as part of a broad examination of how universities manage their money.Senator Charles Grassley (R-IA) has asked the IRS and Treasury officials to create a form specifically for colleges and universities rather than using Form 990 which is designed for all tax-exempt organizations.The new form would require information about student populations, finances, executive compensation, and endowments.
Education & Careers

Dollar Wi$e Week focuses on saving for kids and families

Approximately 43 percent of American households spend more than they earn each year, according to the Federal Deposit Insurance Corporation, and the United States has the lowest personal savings rate of any major industrialized nation. This week, mayors throughout the country will be celebrating Dollar Wi$e Week as part of the Mayor's National Dollar Wi$e Campaign: Financial Education for America. This year's theme is Saving for Kids and Families."Savings are an important building block of the foundation for the American dream," Saipan Mayor Juan B. Tudela told The Saipan Tribune.
Technology

Becker CPE announces new Web-based CPE product

Becker Professional Review, a provider of professional education serving the accounting and finance professions, announced the launch of its new web-based CPE (Continuing Professional Education) program. Becker brings together over 50 years of experience in professional education from its leading CPA Exam review and in-house CPE products to offer a new level of online CPE learning.
Education & Careers

Win your next job with three essential interview skills

With competition for good jobs at an all-time high, candidates who conduct their job search as a sales campaign consistently win out over those who don't. When job seekers practice the skills of sales experts they learn to apply the strategies of a sales presentation to their job interviews. To get to the top of the candidate list, you'll need these three essential sales skills: Pre-interview preparation Finding and using the interviewer's "Hot Buttons" Closing on the next step of the interview process 1.
Education & Careers

KPMG to hold 48-hour virtual 'World Jobs Fair'

Experienced professionals, recent and prospective college graduates, and others interested in career opportunities with the KPMG network of professional firms, providing audit, tax, and advisory services, can participate in the September 24 - 26 "KPMG World Jobs Fair," a live, 48-hour global virtual recruiting fair.The "KPMG World Jobs Fair," taking place online from 9 a.m. GMT, Wednesday, September 24, to 9 a.m.
Education & Careers

Professor wins Outstanding Accounting Professor award

University of New Mexico Anderson School of Management Accounting Professor Joni Young has been awarded the 2008 Outstanding Accounting Educator Award from the New Mexico Society of Certified Public Accountants (NMSCPA). Young, chair of the accounting department, was selected by the NMSCPA for her outstanding accomplishments in the classroom that enhance the reputation of the CPA profession. Young has been a faculty member at Anderson since 1992 and is admired by both faculty and students for her intermediate accounting classes.
Education & Careers

Employers use social networking sites to research employee candidates

Could your future boss be perusing your profile? Twenty-two percent of hiring managers said they use social networking sites to research job candidates, up from 11 percent in 2006, according to a nationwide survey of more than 3,100 employers from CareerBuilder.com. An additional 9 percent said they don't currently use social networking sites to screen potential employees, but plan to start.Of those hiring managers who have screened job candidates via social networking profiles, one-third (34 percent) reported they found content that caused them to dismiss the candidate from consideration.
Education & Careers

Credit union launches contest to increase students' financial know-how

A Texas credit union is enticing students to learn more about money management by dangling the prospect of $10,000 before their eyes.But there’s a catch. Half the money must go to college expenses, 40 percent goes to pay down debt, and the remaining 10 percent can be spent any way the winner wants.The so-called Savings Challenge is sponsored for the third year by the Greater El Paso Credit Union (GECU), which aims to teach students Money Management 101.
Education & Careers

American accounting student wins international poker tournament

Student loans might be a top concern for many of today's college students, but poker is on the mind of one student who took home the top prize, about $450,000 in U.S. dollars, in last week's Asia pacific Poker Tour, Asia's largest ever poker tournament.The Macau Daily Times reported that Eddie Sabat, a 22-year-old accounting student at the University of Southern California, outmaneuvered 538 players to claim 3.5 million Hong Kong dollars ($453,851 U.S.) in prize money at the final table of Asia's largest ever poker tournament, Asia Pacific Poker Tour.
Education & Careers

KPMG and AAA survey professors on IFRS in accounting curricula

According to the results of a survey of accounting faculty conducted by the American Accounting Association (AAA) and KPMG LLP during July and August, only 22 percent of the 535 professors surveyed say they can incorporate international financial reporting standards (IFRS) into their curricula in the 2008-2009 academic year.
Community News

Accounting firm provides students with one-stop job search Web site

Aronson & Company (A&C), a nationally-ranked top 50 accounting and consulting firm, recently announced the launch of its TeamAronson.com Web site geared toward college accounting and finance majors entering the job market. The site, which was designed in support of the firm's recruiting efforts, is part of an initiative to help reinforce their employer brand and put a recognizable face on their on-campus recruiting program.
Education & Careers

New financial aid process intends to simplify, but will it?

Low-income college students and their parents may be looking at a new federal financial aid application modeled after E-Z tax forms, but some observers wonder if the new process will be any simpler.President Bush recently signed a new Higher Education reauthorization bill that calls for an EZ FAFSA, or Free Application for Federal Student Aid. The existing form is seven pages long, and primarily covers questions of income. Most agree that the current form is intimidating.
Education & Careers

Financial hiring forecast more positive for fourth quarter

Hiring in accounting and finance is expected to increase in the final months of 2008, according to executives interviewed for the most recent Robert Half International Financial Hiring Index. Ten percent of chief financial officers (CFOs) surveyed said they plan to expand the size of their teams in the fourth quarter, while 5 percent anticipate personnel reductions. The net 5 percent increase is up five points from the third-quarter projection.The Robert Half International Financial Hiring Index is based on telephone interviews with more than 1,400 CFOs across the United States.
Education & Careers

AGA announces second government finance case challenge

The best undergraduate accounting/financial management/business students in the country are invited to compete in the Association of Government Accountants' (AGA) Second Government Finance Case Challenge for undergraduate college students, which runs October 6–14, 2008. Student teams will collaboratively analyze and offer a written response to a case centered on how a U.S. city government implements a performance management system.
Community News

PwC donates $1 million to University of Alabama accounting program

Big Four firm PricewaterhouseCoopers has pledged a $1 million donation to the University of Alabama to support accounting education at its Culverhouse College of Commerce and Business Administration.The donation is intended to help the university improve its staff, offer more services to accounting majors, and decrease the shortage within specialty accounting practices, including auditing, tax, and teaching professions.Out of 187 students nationwide expected to receive doctoral degrees in accounting this year, only 22 expressed interest in teaching in those two areas, according to the pr

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