SEC seeks applications for accounting fellow positions

Opportunities will begin in the summer of 2016.

The SEC's Office of the Chief Accountant (OCA) is accepting applications for Professional Accounting Fellow (PAF) positions to begin in the summer of 2016. 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 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);
  • Candidates 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, 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. 8, 2016. Information regarding the required application submission is available at sec.gov. For further information, call Ruth Uejio at 202-551-8421 or Michal Dusza at 202-551-3478.

SPONSORED REPORT

Tax reform complicates year-end tax planning

Get your clients ready for tax season with these year-end tax planning strategies, which address how to make the most of recent tax law changes, such as the new deduction for qualified business income and the cap on the deductibility of state and local taxes.

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.