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


Feb. 23, 2005
Volume 4, No. 8


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HIGH SCHOOL EDITION
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You can read it on the Web at www.tomorrowscpa.org/enews.
And the winners are ...

Only three CPAs from PricewaterhouseCoopers know who won the Oscars this year. The rest of us have to wait until Sunday.
movies.msn.com/movies/oscars/
secrets?GT1=6190



Is necessity the mother of diversity?

In CPA firms throughout the U.S., diversity has often become the key to profitability, or, in some cases, whether a practice will survive.
www.webcpa.com/article.cfm?
articleid=10621



Block helps teen taxpayers

H&R Block has launched a Tax Education Center and free online tax preparation for teens younger than 18 who are filing their first tax returns. In addition to simplified online tax filing, the new "Get Yours" program offers education to help teenagers understand taxes and get the best possible refund. The site is:
www.hrblock.com/goto/firstfilers



TCPA + FBLA = opportunity

Tomorrow's CPA has established a partnership with Future Business Leaders of America in Maryland and DECA. We look forward to contributing speakers to address these groups on the CPA role in business and the CPA career, to serve as judges in competitions, and to take part in mock interviews and other FBLA programs. Tell your advisor to invite a CPA to your next meeting.


Congratulations to these exam passers

The following TCPA members passed the CPA exam during the October-November period: Dominic Bellia, Richard Goodman, Jason Nazelrod, Beverly A. Richard and Luke Sinnen. Congratulations and welcome to the profession.

  Personal finance: 10 commandments of personal finance for young people

Commandment No. 7: Focus on the relationship between the risk and projected return of investments. To see the other commandments, go to:
www.financial-education-icfe.org/
children_and_money/10_commandments_
of_personal_finance.asp



A hearty welcome to the following new TCPA members

  • From Laurel High School: Ashley Allen, Gerald Potts III, Crystal Schmoeger and Jesse Welch. Thanks so much for joining Tomorrow's CPA.


    Accounting word of the week: U

    Unqualified opinion: Auditor's opinion of a financial statement, given without any reservations. Such an opinion basically states that the auditor feels the company followed all accounting rules appropriately and that the financial reports are an accurate representation of the company's financial condition. The opposite of "qualified opinion." For more definitions, go to:
    www.startheregoplaces.com/
    resourcecenter/glossary.asp



    Merritt to help patrons manage wealth

    Financial fitness has become a catch phrase in finance circles — but now, Brooks Financial Group in Timonium is taking it literally.
    baltimore.bizjournals.com/baltimore/
    stories/2005/02/14/daily13.html?
    jst=b_ln_hl



    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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    © 2005 by the Maryland Association of Certified Public Accountants, Inc.
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