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.”

SPONSORED REPORT

Why cybercriminals are targeting CPAs

This free report expands on the most commonly found scams, why education and specialized IT knowledge help to lessen security vulnerabilities, and why every firm should plan carefully for how it would respond to a breach.

PODCAST

How tax reform — and Excel — are changing the CPA Exam

Mike Decker, the vice president of examinations at the AICPA, discusses changes being made to the exam as a result of tax reform — and about how Excel will now be available for use on the test.