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


March 23, 2005
Volume 4, No. 12


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HIGH SCHOOL EDITION
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You can read it on the Web at www.tomorrowscpa.org/enews.
CPAs launch offensive against negative ads

The AICPA has launched a multi-pronged attack against a recent series of H&R Block advertisements that cast CPAs in a negative light. See the details at:
www.macpa.org/headlines/05/
block0315.htm



CPA tax specialists just don't know how to say no

Many spend weekends working on friends' returns.
www.bizjournals.com/baltimore/
stories/2005/03/21/focus2.html



Survey: Students not taught basic finance

More states are requiring students to learn about managing money, but personal finance remains a fringe topic in schools and a major source of federal concern. Only seven states require students to take a course about basic finances to graduate from high school — and Maryland isn’t one of them. See the new survey from the National Council on Economic Education.
www.ncee.net/about/survey2004/
NCEESurvey2004web.pdf



A hearty welcome to the following new TCPA members

  • From Chopticon High School: Daniel Burroughs, Gina Dowdell, Benjamin Garner, Alyssa Keating, Katie Mast, Kirsten Neuberger, Stephani Roark and Caitlin Wescoe
  • From Forestville High School: Darnae Edwards

    Thanks so much for joining Tomorrow’s CPA.


    Let us know how you feel

    What do accounting scandals like Enron and WorldCom mean to you, as a future CPA? Vote in the TCPA poll at:
    www.tomorrowscpa.org



    Status of high-profile corporate scandals

    A look at some of the most high-profile recent corporate scandals and the status of pending legal action.
    accounting.smartpros.com/x47412.xml


  •   The sunny side of the CPA

    Q. What do you call an accountant who works from home?
    A. A remote controller.



    Why should you care about an internship when looking at a college?

    A college should give you enough learning in the classroom to be successful, but hands-on experience in the field may make the transition into the job market much easier. www.nextstepmagazine.com/NSMPages/
    articledetails.aspx?articleid=1935



    Accounting word of the week: Z

    Zero-base budgeting: Budgeting method for a corporation or government in which all expenditures must be justified each year, not just amounts in excess of the previous year. For more definitions, go to:
    www.investorwords.com



    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: Are you bamboozled by advertising?

    Advertisements and commercials are loaded with gimmicks and hype. They want you to buy without thinking. Here's how to look at ads with a critical eye.
    www.oag.state.md.us/WiseBuys/ads.htm



    Give us a run for the money!

    Attention, all runners, walkers and volunteers! It's the MACPA's annual 1040K Run and 1040EZ Fun Walk, scheduled for Saturday, April 30 at Rash Field in Baltimore. The fun-filled day includes race awards, refreshments and the chance to win many awards! For more information on the race or to register, please go to www.macpa.org/race/.

    Why not put a team together? We will be giving a prize for the biggest team ... so register now! Proceeds from the race will go to Maryland Saves, an organization dedicated to financial literacy.


    Please note:
    This newsletter may contain commercial promotions for MACPA products, seminars and / or services.

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    © 2005 by the Maryland Association of Certified Public Accountants, Inc.
    Dulaney Center II, 901 Dulaney Valley Road, Suite 710, Towson, MD 21204-2683
    All rights reserved.