What's the career outlook for CPAs?
Read the 2004-05 edition of the Occupational Outlook Handbook and the Career Guide to Industries, recently issued on the Bureau of Labor Statistics' Web site. Highlights include the following:
- Most jobs require at least a bachelor’s degree in accounting or a related field.
- Overall job opportunities should be favorable, although job seekers who obtain professional recognition through certification or licensure, a master's degree, proficiency in accounting and auditing computer software, or specialized expertise will have an advantage.
- An increase in the number of businesses, changing financial laws and regulations, and increased scrutiny of company finances will drive growth of accountants and auditors.
Read the reports here.
www.bls.gov/oco/ocos001.htm
Interview: woman CPA shatters the glass ceiling
Sharon Allen began her career in public accounting 30 years ago as an auditor at Deloitte & Touche. She rose through the ranks to become a managing partner and member of the board of directors. Last year Allen became the first woman elected as chair of the U.S. board and the highest-ranking woman in the firm's history. Here's how she did it.
www.webcpa.com/WebCPA/index.cfm
Auditing firms get back to what they do best
Fees jump and procedures expand as accountants shed non-related services.
online.wsj.com/article/
0,,SB108068644066869460,00.html
Top 10 college movies of all time
At least according to this writer. Hollywood filmmakers have been telling us for years that college isn't just about getting an education. These movies seem to prove it.
www.youngmoney.com/entertainment/
movies/040305_01
Forensic accounting to the forefront
It was a growing specialty before Enron, WorldCom and Sarbanes-Oxley. Now, it's really hot.
www.cpa2biz.com/News/Selected+Features/
Forensic+Accounting+to+the+Forefront.htm
CPA exam delayed in Maryland
A legal technicality has required the review and approval of a new contract that will enable Maryland's State Board of Public Accountancy to register candidates for the new computerized exam. If the contract is approved as expected on April 28, candidates should be able to begin testing on or about May 3. For more information, go to:
www.dllr.state.md.us/license/cpa/
cpabulletinmarch2004.htm
Bill Gates' 11 rules for living
Rule 11: "Be nice to nerds. Chances are you'll end up working for one." To see all 11 rules, go to:
www.newaccountantusa.com/
11rulesgates.pdf
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TCPA member profile
Meet Marquell Coleman of Coppin State College.
Graduation date: May 2005
Hobbies: Going to church and spending time with family and friends.
Favorite movie: "Friday After Next"
Why I want to be a CPA: Because of its challenges. For example, trying to figure out which accounts get credited and debited and for what amounts. If I make a mistake, I like trying to figure out where the problem is and then correcting it.
Favorite course: I don't have a favorite course.
Least favorite course: English
What people say when I tell them my career choice: Their eyes get big and they let out a breath of air and say good luck because they couldn't do it.
Sarbanes to speak at Towson
Sen. Paul Sarbanes will speak at Towson University at 7:30 p.m. on Monday, April 26. The topic will be "Civic Engagement: Why Your Participation Matters." A reception will precede Sen. Sarbanes' speech at 7 p.m. The event is sponsored by Towson U's College of Liberal Arts and the College of Graduate Education and Research — so you can find out more about the school's accounting master's program as well. Both the reception and the speech are free. For details, call (410) 704-2077.
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, slated for Friday, April 30 at the UMUC in Adelphi. Only $50 for TCPA members!
www.macpa.org/conferences/NFP04.htm
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 Laura Dorsey at laura@macpa.org or (410) 296-6255, ext. 240 for more information.
Save this date!
You are invited to the second annual bash for TCPA members. "Tomorrow's CPA Tonight" will take place at Jillian's (Arundel Mills) in Hanover, MD, on Thursday, May 27, from 6-8 p.m. This reception and awards ceremony is for TCPA members, faculty members and CPA speakers. It is absolutely free, but space is limited. RSVP to Richard Rabicoff at publicrelations@macpa.org.
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