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1. How real work experience can help students, businesses   WebExclusive

BY Ken Tysiac
Getting work experience while in college can give accounting and finance students an edge in their post-graduation job search, according to a new survey.Meanwhile, businesses that provide work opportunities for students can build a network of promising talent that will pay big dividends in the future, experts say.

2. How to land an overseas assignment  

BY Sabine Vollmer
Securing an overseas assignment may look like a daunting challenge to a U.S. CPA who isn’t working for a Big Four accounting firm with offices worldwide, but it can be done.The JofA sought tips from three experts on how U.S. CPAs can gain international experience. Senior editor Sabine Vollmer talked to Paul McDonald; Pamela Parker-White, CPA, CGMA; and Jason Ramey, CPA.The PanelistsPaul McDonald is senior executive director at Robert Half, a staffing firm that specializes in placing accountants and finance professionals worldwide.Pamela Parker-White, division controller and business manager for Babcock & Wilcox’s small modular reactor program with

3. Institute hosts 2013 Leadership Academy class  

The AICPA’s fifth annual Leadership Academy was held Sept. 29 to Oct. 3 in Durham, N.C.During the five-day program, the 37 participants—all under age 36—learned leadership theory and strategic planning techniques while developing tools for handling complex management challenges. They also discussed pressing issues facing CPAs and the accounting profession with some of the profession’s most influential leaders, including AICPA then-Chairman Richard Caturano and AICPA President and CEO Barry Melancon.This year’s attendees were selected from more than 120 candidates recommended by their employers, state CPA societies, or both.

4. Program combines scholarships with community service and leadership skills  

The Institute awarded more than $370,000 in scholarships to 117 undergraduate and graduate students through its AICPA Legacy Scholars program. AICPA Legacy Scholars are Student Affiliate Members (a free AICPA membership option available to all students) who have received a one-year AICPA scholarship and will continue to receive benefits beyond their academic careers through the AICPA Legacy Scholars Alumni.The program, which was established in 2011, consists of recipients of three AICPA scholarships for the 2013–2014 academic year:AICPA/Accountemps Student Scholarship, awarded to 10 students

5. A leadership tutorial from education innovator Sal Khan   WebExclusive

BY Kim Nilsen
Sal Khan’s story has many of the markings of a classic Silicon Valley narrative.Khan, an investment analyst working in Boston at a hedge fund, in 2004 began using Yahoo Doodle and phone calls to tutor a faraway cousin struggling with math. That evolved into posting simple video lessons on YouTube.

6. Six trends that are reshaping business   WebExclusive

BY Ken Tysiac
Accountants excel at analyzing numbers and developing strategies based off them.The way University of North Carolina at Chapel Hill professor James Johnson, Ph.D., sees it, the numbers describing the demographics of the United States leave accountants little choice today but to embrace diversity and new business practices. Johnson spoke Sunday at the AICPA governing Council’s fall meeting.“Our communities are going to change dramatically,” Johnson, director of the Urban Investment Strategies Center at UNC, said in an interview the week before the presentation.

7. Survey shows mixed report on progress for women in finance careers   WebExclusive

BY Ken Tysiac
A new survey presents mixed views on the progress women have made in the past 10 years in their ability to advance in the finance field.More than half (53%) of CFOs say there has been no change in women’s ability to advance in careers in the finance field in the last 10 years, according to a survey of more than 2,100 respondents in more than 20 of the largest U.S.

8. Five key objectives for in-demand internal auditors   WebExclusive

BY Ken Tysiac
The perception of internal audit as a function that can add value in addition to enforcing compliance is placing importance on several objectives for internal auditors.“I think the expectation from the executive suite has increased,” PwC’s Walter Smiechewicz, CPA, said in a telephone interview. “And they are looking for high quality from their internal audit groups.

9. How to network and find new clients across borders  

BY Sabine Vollmer
Companies increasingly are investing across borders. That includes foreign companies establishing operations in the United States or Canada. The North American investments require accounting and tax services, making foreign companies potential new clients for North American accounting firms.But what is the best way to network across borders and attract these potential clients? Can social media help limit international travel, keep business development costs down, and save time? The JofA sought answers to these questions from three experts: Douglas Ng, CA, a partner who specializes in international business development for Canadian accounting firm MNP LLP; Hideo Takada, CPA,

10. Supply and demand for accounting talent at record levels  

BY Chris Baysden
A new study examining supply and demand trends in accounting found that the profession is thriving—with college enrollments, degrees awarded, and demand for new accounting graduates all reaching all-time highs. CPA firms hired 40,350 new accounting graduates last year, including 23,793 graduates with bachelor’s degrees and 16,557 with master’s degrees, according to the AICPA survey.
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