Raises Likely


CAREER UPDATE

ccounting and financial professionals expected to realize above-average compensation gains in 2006. In a joint survey by Ajilon Finance and Business Finance magazine, 39% expected an increase of between 5% and 10%, and another 10% anticipated an increase of more than 10%. About half (49%) expected their compensation to stay about the same.

Business and financial reporting/analysis/forecasting (33%), creating shareholder value (22%), accounting/auditing (15%), corporate governance and regulatory compliance (10%) and strategic planning (10%) were among the top drivers of compensation.

A strong job market, high voluntary turnover and booming demand for financial professionals should continue to drive compensation packages upward in the coming year and beyond.

Source: “2006 Career and Compensation Survey.”

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100th ANNIVERSARY

Black CPA Centennial, 1921–2021

With 2021 marking the 100th anniversary of the first Black licensed CPA in the United States, a yearlong campaign kicked off to recognize the nation’s Black CPAs and encourage greater progress in diversity, inclusion, and equity in the CPA profession.