SEC seeks accounting fellow candidates

Applications are due Jan. 13.

The SEC's Office of the Chief Accountant (OCA) is accepting applications for Professional Accounting Fellow (PAF) positions to begin in the summer of 2017. The PAF program, which began in 1972, provides fellows with opportunities for public service to investors, personal development, and career advancement.

Fellows will participate in the study and development of rule proposals under the federal securities laws; liaise with accounting, auditing, and other professional standard-setting bodies; and consult with registrants on reporting matters. OCA plans to select the following:

  • Candidates with significant experience in the application and implementation of accounting standards by public companies (areas of specialty may include, but are not limited to, accounting topics such as revenue recognition, financial instruments, business combinations, and consolidation);
  • A candidate with significant experience in performing and reviewing valuations for financial reporting purposes (areas of specialty may include, but are not limited to, business enterprise valuations and valuations of financial instruments and other complex securities, along with intangible assets);
  • Candidates with significant experience in analyzing, implementing, and applying auditing, independence, and quality-control standards and policies (areas of specialty may include, but are not limited to, development and implementation of audit policy and methodology; auditing estimates, including fair value; auditing internal control over financial reporting; and advancing the use of technology and data to improve audit quality).

Candidates must be U.S. citizens or non-U.S. citizens lawfully admitted for permanent residence and be actively seeking U.S. citizenship at the date of hire to be eligible to begin employment as a fellow. Applications are due Jan. 13. Information regarding the required application submission is available at sec.gov/oca. For further information, call Emily Fitts at 202-551-2261 or Rahim Ismail at 202-551-5266

SPONSORED REPORT

Cybersecurity threats proliferating for midsize and smaller businesses

This report details how SMBs can properly protect private information from breaches, design and implement a cybersecurity policy, and create safeguards for training and education.

CHECKLIST

Being responsive to clients

CPAs and their firms have daily pressures and hectic schedules, but being responsive is crucial to client satisfaction. Leaders in the profession offer advice for CPA firms that want to be responsive to clients.

QUIZ

Test yourself on these often confused words

The spelling checker on your word processing program can do only so much to flag problems. Your best insurance is to learn the troublesome words that trip up writers and use them correctly by the standards of formal, written English.