FYI


The SEC’s Office of the Chief Accountant is seeking up to seven professional accounting fellows to help develop proposed securities rules, work with standard setters in accounting and auditing, and consult with filers on reporting matters. The fellowships are for two years beginning in spring or summer of 2010.

 

Three positions are in the Accounting Group; desired experience includes applying U.S. GAAP or IFRS. Two positions are in the Professional Practice Group; desired experience includes internal control over financial reporting under section 404 of the Sarbanes-Oxley Act. A sixth position is in the International Group; desired experience includes IFRS or International Standards on Auditing. The seventh position is also in the Accounting Group with desired experience in performing and reviewing valuations for financial reporting purposes.

 

Applications are due Jan. 13, 2010. Information regarding the required application submission is available at tinyurl.com/yzj3gfg. For further information, call Sagar Teotia at 202-551-5308 or John Offenbacher at 202-551-5329.

 

PODCAST

What’s next for potential CPA licensure changes

A new model proposed by NASBA and the AICPA is designed with an eye on the future for newly licensed CPAs. The AICPA's Carl Mayes, CPA, provides background on the project and a look ahead to 2020.

VIDEO

What RPA is and how it works

Robotic process automation is like an Excel macro that can work on multiple applications, says Danielle Supkis Cheek, CPA. RPA can complete routine, repetitive tasks such as data entry, freeing up employee time from lower-level chores.