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


May 4, 2005
Volume 4, No. 18


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COLLEGE / CPA CANDIDATE EDITION
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Job market: Aronson & Company

Staff accountants, start your career in a group that has unprecedented growth. Our Employee Benefit Plan Auditing Group is looking to hire several staff accountants in time for this summer. Duties include all aspects of employee benefit plan engagement performance: planning, field work, client relationship building and financial reporting. Bachelor's degree in accounting required, CPA candidates preferred. Computer knowledge (MS Office) a huge plus. Positions available immediately! Contact:
    Aronson & Company
    700 King Farm Blvd., Suite 300
    Rockville, MD 20850
    Attn: Angel Rutsch
    Fax: (301) 222-8235
    E-mail: jobs@aronsoncompany.com
For more job opportunities, go to:
www.tomorrowscpa.org/members/
internship.html



African-American students and the CPA exam

Significant numbers of African-Americans are passing the Uniform CPA Examination, but the profession is still a long way from being fully integrated. A recent study suggests ways to increase the number of African-Americans entering the profession. www.aicpa.org/pubs/jofa/may2005/
booker.htm



150-hour rule: Proposed changes

Proposed changes would increase the semester hours needed to meet the 150-hour rule and would make other changes in the content of the courses required.
accounting.smartpros.com/x48040.xml



Time to consolidate your student loans

All good things come to an end, and that may be true in July when historically low interest rates on student loans are readjusted.
www.baltimoresun.com/business/
yourmoney/bal-bz.ambrose01may01,
1,3075972.column?coll=bal-
home-columnists



Demand for new skills in the accounting and finance industry puts focus on passive seekers

Bigger organizations, such as Bank of America, Citigroup and Wachovia, are beginning to look more for candidates who have a manufacturing or operations background with a blend of financial accounting experience.
www.mentor4inc.com/newsletter/
compass/demand-for-new-skills.shtml


  Local CPA firm aims to help youth

Rockville-based Aronson & Company, through its foundation, has donated a $10,000 grant to Hearts & Homes for Youth in support of its efforts to help troubled children become independent productive adults.
baltimore.bizjournals.com/baltimore/
stories/2005/05/02/daily4.html?
jst=b_ln_hl



Stupid fraudsters

Did you hear the one about the bank robber who wrote a holdup note on the back of his own utility bill? We've come to expect that the garden-variety crook may not be the sharpest knife in the drawer, but fraudsters are supposed to be smarter, aren't they?
www.aicpa.org/pubs/jofa/
may2005/wells.htm



Report: Audit prices jump over 50 percent for Fortune 1000

Driven in part by costs associated with Sarbanes-Oxley compliance, Fortune 1000 firms have paid more than $3.6 billion for their 2004 audits, up from $2.2 billion in 2003, according to a new report.
www.webcpa.com/article.cfm?
articleid=12854&pg=news



AICPA Scholarship for Minority Accounting Students: Apply now!

All application materials must be received by the AICPA by June 1, 2005, for the academic year beginning in September. For information and an application form, go to:
www.aicpa.org/members/div/career/
mini/smas.htm



Personal Finance: Identity theft and the Internet

If you become a victim of ID theft, knowing what immediate actions to take can help minimize the potential damage.
www.collegecentral.com/NewsDetail.cfm?
Consortium=FIN&IND=1



Three top tips for getting hired

1. Expect that there will be some expenses involved in searching for a job and plan accordingly.

2. Just because a recruiter or prospective employer does not get back to you immediately does not mean that they are not interested in hiring you. (Treat it like baseball — three strikes and your out over a reasonable period of time.)

3. As a job seeker, you do not usually pay any fee to a recruiter; the hiring company pays the fee.
Tips provided by Beth Berk, a CPA and independent recruiter. Contact her at BethABerk@msn.com.


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