Students

Education & Careers

Ninety-four percent of surveyed companies offer tuition reimbursements

As students gear up to go back to school this fall, those already in the workforce may want to consider continuing their education, a new survey suggests. Ninety-four percent of senior executives interviewed said their firms offer tuition benefits for their employees. Ninety-five percent of respondents said their companies also reimburse for other forms of professional development.The survey was developed by Accountemps, the world's first and largest staffing services firm specializing in accounting and finance.
Education & Careers

Volkswagen lures customers with college savings option

Hello 60s? Volkswagen is calling. The renowned manufacturer of the hippie vehicle of choice, the Volkswagen bus, is once again trying to lure the college audience, or at least the parents of college students, many of whom probably drove a bus in the 60s, by issuing a new minivan with an added incentive - $1,500 that can be moved directly into a 529 college savings account. For customers who purchase the new Routan minivan and make a down payment, Volkswagen will deposit $1,500 into an account held by Upromise Inc., a subsidiary of SLM Corporation which owns Sallie Mae Bank.
Education & Careers

Morningstar ranks the best and worst 529 plans this year

Morningstar, the global investment research firm has published its annual list of the best and worst 529 plans – when it comes to earning long-term returns for college savers – and the overall opinion smacks of optimism. Some of the worst plans from years past have folded up and gone away, while others continually strive to improve. Here are the criteria that separate the best plans from the worst: Flexibility. As Morningstar points out, no savings plan is one-size-fits-all.
Education & Careers

DeVry launches Keller Center for Corporate Learning

Learning is a powerful tool in today’s workplace. According to a recent study by Progrexion, the demand for corporate education is growing at a rate of 35 percent per year. In response to this growing need, DeVry University, its Keller Graduate School of Management and Becker Professional Review announce the launch of the Keller Center for Corporate Learning. Through career education and advanced degree programs, the Keller Center for Corporate Learning provides corporate education to companies to help meet their organizational goals and the needs of their individual employees.
Education & Careers

CPA profession creates doctoral scholars program

The CPA profession has created an Accounting Doctoral Scholars program to help reverse a shortage of Ph.D. accounting faculty in U.S. colleges and universities. The new program is being spearheaded by the largest accounting firms and will be administered by the American Institute of Certified Public Accountants Foundation. To date, more than 70 of the country’s biggest firms, along with several state CPA societies, have committed a total of $15 million to the program.
Education & Careers

AICPA offers tips to parents sending children to college

If you have children getting ready to head off to college, there’s one subject you shouldn’t leave to their professors to cover.Money.The American Institute of Certified Public Accountants recommends that you have this all-important discussion before you and your dorm-bound kids walk out the door.“Start with establishing a simple budget for their spending money,” advises Susan Bruno, CPA/PFS, of Beacon Wealth Consulting LLC, Rowayton, Conn, and member of the AICPA’s Personal Financial Specialist Credential Committee.
Education & Careers

Online tax filing makes mindset list for class of 2012

This month, almost 2 million first-year students will head off to college campuses around the country. Most of them will be about 18 years old, born in 1990 when headlines sounded oddly familiar to those of today: Rising fuel costs were causing airlines to cut staff and flight schedules; Big Three car companies were facing declining sales and profits; and a president named Bush was increasing the number of troops in the Middle East in the hopes of securing peace.
Education & Careers

Three student teams win Beta Alpha Psi competition

Beta Alpha Psi announced winners of its new case competition during the 2008 annual meeting held in August in Anaheim, CA. The competition, Project Run With It, was sponsored by Moss Adams LLP.The competition involved three not-for-profit companies, International Association of Skateboarding Companies, Fashion Business, Inc., and Saddleback Master Chorale, and 50 Beta Alpha Psi members from 42 chapters representing all three majors, accounting, finance, and information technology.
Education & Careers

Tips for the would-be accounting consultant

Being a consultant sounds like an enviable job that comes with a great deal of freedom and respect, and possibly a lot of money. That may all be true, but keep in mind it doesn't come without earning the title. After all, when you're the pro that business owners call in, you're expected to be well worth your fees. Obviously you have to start with a formal accounting education. Once that's under your belt, you need time to build a solid foundation of knowledge, preferably in public accounting where you can gain broad experience.
Education & Careers

Texas CPA Society wins national award for student Web site

Texas Society of CPAs (TSCPA) was awarded a 2008 Gold Circle Award from the American Society of Association Executives (ASAE) & The Center for Association Leadership. The award recognizes innovative ideas and achievement in association communication campaigns. TSCPA was given the Gold Circle Award in the micro-web site category, for its interactive student site Destination CPA. Selected from a record 373 entries representing 248 organizations, 19 associations were recently honored with a 2008 Gold Circle Award.
Education & Careers

Accounting graduate receives first-ever Medal of Inspiration Award

Eric Fox, an accounting graduate of California State University, Los Angeles, has been awarded Beta Alpha Psi's first Medal of Inspiration Award. The award, which is sponsored by the American Institute of Certified Public Accountants (AICPA), includes a $5,000 cash stipend, which Fox plans to use when he begins his MBA program this fall. The award is given to a student who has experienced extreme hardships in his or her life and who has demonstrated an unusually high level of success in spite of that adversity.
Education & Careers

Illinois accountants offer money tips for college-bound students

If you're sending your son or daughter off to college, you’re probably warning them about the dangers of alcohol, drugs, or other habits that might hurt them in the future. The Illinois CPA Society suggests talking about money, too. Here are four tips to help them avoid a bad financial start in life: Stay Away from Credit Cards. Getting taken in by the easy money of a credit card is a problem that can stay with you years after leaving college. Credit card offers are abundant on campuses; don't be lured into signing up for a credit card by a T-shirt or other free gifts.
Education & Careers

QuickBooks students get free software trial

The Sleeter Group has announced that a trial version of QuickBooks software will be included with the company's three college textbooks. Students taking courses in QuickBooks are often required to pay hundreds of dollars for a fully-functional version of QuickBooks.
Education & Careers

Freshman Finance 101: Money management skills for college students

Don't wait until your college freshman heads off to school to teach them how to manage money. The Virginia Society of Certified Public Accountants (VSCPA) says that parents can prepare their children for the rigors of managing a college budget by discussing monetary issues openly and teaching them the basics of personal finance. Here are some guidelines to help you get started.
Education & Careers

Back to school shoppers planning to spend less this year

Retailers, hoping to boost sales, started bringing out back-to-school merchandise in June, just as the last school bells were ringing before summer vacation. The back-to-school shopping season usually lasts from mid-July until September, but this year 52 percent of consumers had already begun shopping for the coming school year by mid-July, up from 33 percent in 2007, according to a report from Citigroup Global Markets Inc., the Chicago Tribune reports.
Education & Careers

AICPA names Elijah Watt Sells award winners

The American Institute of Certified Public Accountants has announced the winners of the 2007 Elijah Watt Sells Awards. The awards are presented annually to the 10 candidates earning the highest cumulative scores on the four sections of the Uniform CPA Examination. These candidates must have completed testing during the previous calendar year and passed each exam section on their first attempt. In 2007, there were over seventy-six thousand examinees.The 2007 award winners (in alphabetical order, followed by their State Board affiliation) are:Steven J.
Education & Careers

CPAs offer back-to-school shopping tips for consumers

It's time to plan your back-to-school shopping budget, since most students head back to the classroom in late August or early September. With children wanting the latest trendy clothing items, and families trying to continuously clothe their growth spurts, the price tag can really add up. The Virginia Society of Certified Public Accountants (VSCPA) recommends five ways to prepare for and save money on back-to-school expenses.1.
Education & Careers

Parents of college students unaware of many financing options

The parents of this fall's college-bound freshmen may be breathing a collective sigh of relief that their children have cleared the admissions hurdle. But few parents understand the terms necessary to make fully informed financial aid decisions, says a new survey conducted by leading global strategic branding firm Siegel+Gale."Parents really don't understand the true cost of college and the financial help that is available," states Peter S.
Education & Careers

Bridge programs produce few candidates to meet critical shortage of Accounting PhD's

AASCB estimates that by 2012, because of retirements, changes in PhD enrollments, and increased demand, there will be a shortage of approximately 2,500 PhD's in accounting.
Education & Careers

Harsh sanctions may await students who used Web site for GMAT prep

Top business schools around the country are waiting to find out if any of their students used Scoretop.com, a Web site that may have helped them prepare for the Graduate Management Admission Test, commonly known as GMAT, by providing a sneak peak at live questions.Approximately 6,000 of the 112,884 students who took the GMAT in the year prior to May 2008 visited Scoretop.com, according to BusinessWeek.

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