Should your teacher get an award? Time is running out
The Maryland Bankers Association seeks entries for its annual Financial Teacher of the Year Award. Entries for the contest, which awards $1,000 to a high-school level teacher who emphasizes personal finance in their lessons, must be postmarked by Thursday, Feb. 17. Teachers may nominate themselves or be nominated by others. For more information, please contact Sarah Lifshin at (443) 837-1606 or slifshin@mdbankers.com. For an application form and contest rules, go to:
www.soundcents.com/2004.
teacher%20award%20criteria.pdf
Hiring will be hot and CPAs the hottest in 2005
The No. 1 draft pick for 2005 is the coveted CPA, according to a new survey. Accounting is suddenly sexy as corporations beef up their controller's office to make sure no Enron-like shenanigans are taking place.
www.collegejournal.com/jobhunting/
searchstrategies/20050203-bradford.html
How to pick a college that cares if you graduate
Students routinely think, "Can I get in?" But they should be asking, "Can I graduate?" A new online tool answers that question, which is not asked often enough to solve a stubborn failing of the U.S. educational system.
www.washingtonpost.com/wp-dyn/
articles/A53751-2005Feb1.html
AICPA issues study on accounting grads, recruits for 2002–03
The report provides information regarding the number of bachelor's, master's and Ph.D. degrees awarded in 2003 as well as the hiring of college graduates that year. Some highlights:
- More than 37,000 students were awarded bachelor's degrees in accounting and close to 13,000 were awarded master's degrees. These numbers represent a 6 percent increase in bachelor's degree recipients and a 30 percent rise in master's degrees, versus the previous academic year.
- There was an overall increase of 17 percent in accounting enrollments for the
three-year period 2000–03.
- Almost three-quarters of the graduates (72 percent) accepted accounting / auditing positions, more than one-fifth took assignments in taxation and 3 percent began work in management consulting for public accounting firms.
- While 18 percent of new hires were minorities, the largest firms are the most ethnically and racially diverse.
To read the entire report, go to:
www.aicpa.org/download/career/
edu/7491-046SuppDemandReport.pdf
'Catch Me If You Can'
Don't let the bad guys get away. Keep playing the all-new edition of "Catch Me If You Can." You still have plenty of time to unravel the clues, follow the money trail, catch the crooks — and maybe even win $2,000 or a digital music player. Don't wait to get back into the action — the game ends on Sunday, Feb. 20. Go to:
www.CatchMeGame.com/catch56
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Odd jobs: You can learn something from celebs
Jennifer Aniston used to wait tables, Madonna served donuts at Dunkin' Donuts and Jerry Seinfeld hawked light bulbs as a telemarketer.
msn.careerbuilder.com/Custom/MSN/
CareerAdvice/449.htm?siteid=cbmsnhp4434&
sc_extcmp=JS_js4_jan05_home1>1=6070&
cbRecursionCnt=1&cbsid=21c308e2e14242d
982fb79c54794b746-160735394-xr-2
Accounting word of the week: S
Sarbanes-Oxley Act: An act designed to improve quality and transparency in financial reporting and independent audits and accounting services for public companies, to create a Public Company Accounting Oversight Board, to enhance the standard-setting process for accounting practices, to strengthen the independence of firms that audit public companies, to increase corporate responsibility and the usefulness of corporate financial disclosure, to protect the objectivity and independence of securities analysts, to improve Securities and Exchange Commission resources and oversight, and for other purposes. For more definitions, go to:
www.startheregoplaces.com/
resourcecenter/glossary.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
Personal finance: Ten commandments of personal finance for young people
Commandment No. 5: Always honor your debts and other financial obligations. To see the other commandments, go to:
www.financial-education-icfe.org/
children_and_money/10_commandments_
of_personal_finance.asp
Salary survey: It pays to be a CPA
Accountants with at least one professional certification — whether it be a CPA license or an MBA — reported substantially higher salaries than accountants with no certification, according to a new salary survey just released. Those with a CPA license reported a much higher average salary ($73,418) than those without a CPA license ($52,513).
accounting.smartpros.com/x46852.xml
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