What do CPA firms want?
See what Big Four firm Ernst & Young is looking for in entry-level accountants. Part one: The basics:
- Degree in accounting — strong preference for a degree that meets Maryland's 150-hour requirement
- Appearance — look, speak, act professionally
- Experiences — well-rounded; community involvement, leadership, team orientation
- Work experience — not required, but usually helps prepare student for professional environment and helps with appearance
- Core competencies — skills and knowledge
Counting students
The hot new career field is auditing. Educators say they haven't seen major news drive a career field to this extent in 30 years, since Watergate made every young person in America dream of being a journalist.
www.bizjournals.com/memphis/stories/
2005/01/24/focus1.html
Could you get an A in 'Philosophy and Star Trek?'
College courses aren't all Econ 101 and The History of Europe: 1500-Present. A trend among many colleges and universities is to offer courses that are slightly off the beaten track. They may be no less serious than traditional courses, but they certainly cover new academic ground.
encarta.msn.com/encnet/departments/
college/default.aspx?Article=
OddCourses>1=6065
Rules spur demand for accountants
While many professions have been slow to hire, accounting firms have been adding to their payrolls, leading to greater pay and perks. Annual pay for entry-level accountants at one firm rose about $10,000 (to between $50,000 and $55,000) in two years.
www.usatoday.com/money/companies/
management/2005-01-17-accounting-
usat_x.htm
Ever seen a real live CPA?
Our CPA speakers visited more than 35 Maryland high schools last term and reached more than 2,000 students. Have we been to your school yet? Tell your business or accounting teacher, or your school career counselor, that you want to learn more about the CPA career. Have them contact Richard Rabicoff at publicrelations@macpa.org or fill out the form at:
www.tomorrowscpa.org/educators/
speaker_request.htm
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The SAT extreme makeover
Here is just about everything you could want to know about the new SAT test — except how to get out of it.
www.careersandcolleges.com/article/
articleview.do?articleId=1052&adcat=
special%23intro#intro
Accounting word of the week: Q
Quarterly report: Unaudited document required by the SEC for all U.S. public companies, reporting the financial results for the quarter and noting any significant changes or events in the quarter. Quarterly reports contain financial statements, a discussion from the management, and a list of "material events" that have occurred with the company (such as a stock split or acquisition). Also called Form 10-Q. For more definitions, go to:
www.investorwords.com
CPA firms make Fortune's 'Best Companies' list
Three CPA firms made Fortune magazine's list of the "100 Best Companies to Work For," which appears in the magazine's Jan. 24 issue and is available now at:
www.fortune.com
Personal finance: Ten commandments of personal finance for young people
Commandment No. 3: Begin saving early to take advantage of compound interest. To see the other commandments, go to:
www.financial-education-icfe.org/
children_and_money/10_commandments_
of_personal_finance.asp
Study accounting in college!
For a list of Maryland colleges and universities with accounting programs and Maryland community colleges with accounting courses, go to:
www.tomorrowscpa.org/highschool/
college.html
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