Tomorrow's CPA
A weekly
e-newsletter
from the Maryland Association of CPAs


Feb. 18, 2004
Volume 3, No. 7


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COLLEGE / CPA CANDIDATE EDITION
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The CPA exam sample tests are here!

Try your hand at the new computerized CPA exam at www.cpa-exam.org. The sample tests will help you become familiar with the exam interface and enable you to interactively experience the exam’s new features. You can access the sample tests by using the links on the www.cpa-exam.org home page or going directly to:
www.cpa-exam.org/lrc/
exam_tutorial.html



Find an internship

Look for internships and entry-level positions. See the latest listings here:
www.tomorrowscpa.org/members/
internship.html



How to pay for college if mom and dad won't

There's no law that says parents must pay for their child's college education. Here's advice for students who must foot the bill on their own.
www.collegejournal.com/aidadmissions/
financialissues/20040126-cullen.html



Nearly two years later, SOX is doing its job

It has its flaws, to be sure, and there are still as many questions as answers. But nearly two years after it was signed into law, the Sarbanes-Oxley Act is doing what it was intended to do, according to a recent Loyola College panel discussion about the impact Sarbanes-Oxley has had on the profession.
www.macpa.org/headlines/04/
panel0212.htm



Kaplan launches Web-based CPA review programs

With the new computerized CPA exam ready to launch in April, Kaplan Inc., a provider of educational and career services, announced a new Web-based CPA test prep initiative.
smartpros.com/x42528.xml



Online Shopping 101

Credit cards have helped fuel the Internet economy because they provide security, convenience and reliability for online purchases. If you are using your credit card to shop online, there are several tips you should follow to protect yourself and your accounts.
www.credittalk.com/money101/
shopping.html



Big conference, big discount for TCPA members!

Internal controls, risk assessment and topics related to the Public Company Accounting Oversight Board will join updates on FASAB, GASB, the Yellow Book and auditing standards at the MACPA's 2004 Government / Not-for-Profit Conference, Friday, April 30 at UMUC in Adelphi. Only $50 for TCPA members!
www.macpa.org/conferences/NFP04.htm


  MACPA has dollars for TCPA scholars

Apply for a scholarship for next year. The deadline is April 15. For details, go to:
www.tomorrowscpa.org/members/
scholarships.html



Bill Gates' 11 rules for living

Rule 4: If you think your teacher is tough, wait until you get a boss. He doesn't have tenure. To see all 11 rules, go to:
www.newaccountantusa.com/
11rulesgates.pdf



Campus reps wanted

Yaeger CPA Review is looking for a representative on your campus. This is a great opportunity to get a Yaeger's course for free. Please contact John Pelicano at (800) 824-2811 or pyaeger801@aol.com.


TCPA member profile

Meet Porsha P. Pickett, UMUC MBA student and employee at State of Maryland Office of Legislative Audits.

  • Hobbies: Reading John Grisham novels, avid movie watcher, tutoring young children
  • Favorite movie: "The Wiz"
  • Why I want to be a CPA: I am interested in almost every aspect of accounting there is — particularly personal income taxes, forensic accounting and accounting systems. Although I have not yet had the experience in working in any other field except governmental accounting, I anticipate obtaining the opportunity to broaden my knowledge skills and satisfy my accounting interests in other areas. So by becoming a CPA, I have a better opportunity of reaching these goals.
  • Favorite course: Income Tax Accounting I & II
  • Least favorite course: Cost Accounting
  • What people say when I tell them my career choice: "So, will you be able to do my taxes this year?" And I always have to tell them that just because I was an accounting major and work as an auditor for the state government, that does not necessarily mean that I do taxes. However, I do enjoy helping friends and family prepare them.


    Run a little, help a lot

    Run with CPAs! Register now for the annual Maryland Association of CPAs 1040K Run and 1040EZ Fun Walk on Saturday, May 1. This is a 5-kilometer run and 1-mile fun walk at Rash Field in Baltimore. Registration is only $20 before April 15. Proceeds go to Habitat for Humanity. For more information, or to register, go to www.macpa.org/race/index.htm.

    And hey, need community service hours? Then lend MACPA a hand the morning of the race. Contact Natalie Antonakas at natalie@macpa.org or (410) 296-6255, ext. 239 for more information.


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