Job market: Ernst & Young
Ernst & Young's Baltimore office has career opportunities available for entry-level accountants in our Assurance & Advisory Business Services practice. Please contact Pat McCurry at (410) 783-3809 or pat.mccurry@ey.com for further information. To search jobs and apply online, please visit us at ey.com/us/careers. We strive to help all of our people achieve both their professional and personal goals through an inclusive environment that values everyone's contributions, appreciates diversity of thought, fosters growth, and provides continuous opportunities for development. For more job and internship listings, go to:
www.tomorrowscpa.org/members/
internship.html
Calling all accounting associations and Beta Alpha Psi chapters!
Sign up 100 percent of your members as members of Tomorrow's CPA and win a cash prize. Membership lists have to be verified by a faculty member. Sound easy? Bet you can’t do it by Nov. 1.
Credit cards can buy a financial catastrophe
Credit cards can be great tools for building credit history. But they also can land you in massive debt very quickly. Here's a look at your financial alternatives while in college.
www.collegejournal.com/aidadmissions/
financialissues/20040915-spors.html
Test tips for CPA exam candidates
The new CPA Exam Alert offers tips for scheduling the exam, what to do on test day and tips for the actual test. The Alert can be found at the official CPA exam Web site, www.cpa-exam.org. The site also provides frequently asked questions, guidance on how to prepare for the exam and sample tests.
Afraid of public speaking? Get over it!
Speaking in public is often cited as the number one fear of adults. Did you know The Book of Lists places death in fifth place while public speaking ranks first?
www.collegecentral.com/NewsDetail.cfm?
Consortium=CAR&IND=1
Campus reps needed!
Attention, all accounting majors: Yaeger CPA Review is looking for new campus representatives throughout all Maryland colleges. If you are interested in the opportunity, please contact John Pelicano at (800) 824-2811 or pyaeger801@aol.com.
Bush and Kerry on the issues: Taxes
Find out what the candidates propose to do to make everyone’s lives, including CPAs, less miserable.
www.accountantsworld.com/desktop
default.aspx?page=newsstory&category=
newsstory&StoryId=h0914099.0ap
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Personal finance
Ten ways to make your friends wish they knew as much about money as you do: No. 7 — Focus on the relationship between risk and return on your investments. Huh? Simply put, the value of an investment can fluctuate up and down, and typically the younger you are, the more risk you can take because you don't have kids, a house or rent to worry about quite yet. There are two types of investing: short term and long term. If you need your money in, say, fewer than five years, make investments with less risk. If you don't need your money for 10-plus years, you can take greater risk. If you want to have money to buy a car in a year, don't go investing in the stock market to earn it; keep it in a savings account and let interest accrue slowly. This way, you know you will have the money when you need it. There will come a time in your life when stocks and other such investments will be important to you, so don't ignore this step. It could be the deciding factor in your wealth as an adult. For more personal finance tips, go to:
www.cajumpstart.org/tenways.htm
TCPA member profile
Meet Gerald W. Kelly Jr., of the University of Baltimore
Graduation date: 2007 (I am pursuing the M.S. in accounting and business advisory services in the evening part-time.)
Hobbies: Accounting (I'm not kidding), radio control aviation, Windows computer applications
Favorite movie: “Casablanca”
Why I want to be a CPA: As a practicing tax attorney, I am often required to review financial statements. The accounting classes that I have taken have greatly enhanced my ability to understand those documents and, importantly, enabled me to have more informed and productive dialogues with the CPAs assisting me on certain cases. The practice of my law firm is concentrated in federal and civil tax controversies. My clients generally have unpaid tax liabilities, are being subjected to audits, or are the targets of criminal prosecutions. Many of the small and medium-size businesses that I represent could have possibly avoided an entanglement with the IRS if they had managed their business affairs properly. As a lawyer, I have developed an expertise in rescuing clients in the midst of a crisis. I expect that my accounting training will help me advise clients as to steps that can be taken to avoid the financial problems that ultimately lead to an IRS investigation. Finally, my wife, a CPA, regularly informs me that the CPA exam is more difficult than the bar examination.
Favorite course: Intermediate Accounting
Least favorite course: None
What people say when I tell them my career choice: Given that I am a tax attorney, many are not surprised to hear that I am now pursuing my CPA license.
Your TCPA membership card did NOT expire in June
No need to renew. You are a member of TCPA until that glorious day you pass the CPA exam.
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