The Institute is expanding registration and exam options for its specialty credentials. Registration for the Personal Financial Specialist (PFS), Accredited in Business Valuation (ABV) and Certified in Financial Forensics (CFF) exams is now open year-round, and each exam will be offered twice a year. Previously, registration was limited and exams
Professional development
Accounting Enrollment, Hiring Increase
CPAs looking to hire talented young accounting grads as well as students preparing to graduate need to know what their competition looks like. The AICPA’s 2011 Trends in the Supply of Accounting Graduates and the Demand for Public Accounting Recruits, which was released in May, identifies key trends in accounting
Pathways Commission Forges Ahead
Continuing its work of engaging the broad accounting community in accounting education, the Pathways Commission held a public meeting Feb. 26 in Atlanta. The commission invited the public to comment and make recommendations about future paths through higher education to accounting practice. The commission is a joint project of the
How the CPA Exam Is Scored
Anyone who has taken the Uniform CPA Examination, prepared for it, or been involved in the CPA licensure process knows that the passing score is 75. But very few understand what that 75 means. In January, the exam structure had its biggest overhaul since the exam switched from paper and
Business Development Skill Builders for Young CPAs
Many firm leaders think that young CPAs lack the necessary business development skills to move to the next level or become a future leader of the firm. However, young CPAs are often not given the opportunity to develop those skills on a daily basis. Business development is a difficult thing
Researchers Win Management Accounting Award
Eddy Cardinaels and Eva Labro received the American Accounting Association’s Greatest Potential Impact on Practice Award for research in management accounting. Sponsored by the AICPA, the Chartered Institute of Management Accountants and the Society of Management Accountants of Canada, the award recognizes academic papers that are considered most likely to
What Does It Take to Lead?
Confidence. Passion. Emotional Intelligence. These are all traits that successful accountants say are needed to be an effective leader in the profession. Whether choosing to work as a CFO, serve in academia, or climb the ranks to partner of a local or national firm, certain skills undeniably top the list
Institute Recognizes CPA Exam’s Top Scorers
The AICPA announced the winners of the 2009 Elijah Watt Sells Awards, which are presented annually to the 10 candidates earning the highest cumulative scores on the four sections of the Uniform CPA Examination. For the 2009 award, however, several candidates received identical cumulative scores, resulting in a tie and
Minority Accounting Students Scholarships Announced
The AICPA Foundation awarded $254,500 to 92 recipients of the AICPA Scholarship for Minority Accounting Students for the 2010–2011 academic year. The scholarship program, co-funded by Robert Half International and the New Jersey Society of CPAs, was created in 1969 to increase ethnic diversity in the CPA profession. Over four
Demski Honored for Lifetime Achievement in Management Accounting
Joel Demski, Ph.D., received the 2010 Lifetime Contribution Award from the Management Accounting Section of the American Accounting Association. Sponsored by the AICPA, the award recognizes individuals who have made an important mark on management accounting education, research and practice. Demski was honored for his research and teachings on applications
AICPA, CIMA Joint Venture Would Offer New Management Accounting Designation
The AICPA and the London-based Chartered Institute of Management Accountants (CIMA) are proposing forming a joint venture to develop and promote a new global management accounting designation. The joint venture is designed to give management accounting a higher profile in the United States, advance the science of management accounting worldwide,
CPA Exam Slated for International Debut in August
The Uniform CPA Examination will be offered internationally for the first time during August in Japan, Bahrain, Kuwait, Lebanon and the United Arab Emirates. It will thereafter be administered every third month—in November, February, May and August. Registration for the international exam will begin on May 1, and applications may
Corporate Finance Salary Outlook
In corporate finance these days it pays to specialize. A look at anticipated starting salaries for 2011 shows positions that are more niche than generalist in flavor are likely to see the biggest pay gains compared with 2010. “The more specialized you are, the more desirable you are,” said Carol
Two AICPA Scholarships Awarded
The Institute announced the winners of two scholarships—the AICPA/Accountemps Student Scholarship and the John L. Carey Scholarship. The AICPA/Accountemps Student Scholarship is awarded to accounting students with a minimum 3.0 grade-point average who demonstrate leadership, academic excellence and future career interests in accounting and business. The AICPA administers the program,
Are You Linked In?
While LinkedIn provides benefits particularly helpful for accountants, it is important to review all that a free, basic LinkedIn account offers. From profile creation to making connections and recommendations, LinkedIn tools can benefit users in any profession. CREATING AN ACCOUNTGetting started with LinkedIn begins with visiting linkedin.com to create a
Institute Launches New Career Website for Future CPAs
The Institute launched a new website, This Way To CPA, devoted to the needs of college students interested in becoming CPAs and graduates preparing for the CPA examination. The site, www.thiswaytocpa.com, provides career insights, career planning resources, studying strategies and social networking opportunities. It follows the AICPA’s Start Here, Go
LinkedIn Tips for CPAs
Say you run a small accounting practice but are not a marketing expert. What can you do to build your business that’s easy, quick and inexpensive? The answer is LinkedIn. The LinkedIn platform is designed specifically for business use. It is the social media of choice for more than 90
Make Your Mark With Your Social Media Status
Blogging and social networking truly remind your clients and colleagues of why, when and how to recommend or refer you. Here are some tips on how to put social media status updates and other low-maintenance missives to work for you: —By Vikram Rajan (vik@phoneblogger.net), the founder of phoneBlogger.net and author
Young CPAs Learn From Leaders in the Profession
CPAs under the age of 36 gathered for the second annual AICPA Leadership Academy. The young CPAs spent three days in workshops and discussions with leaders in the profession. Following graduation from the academy, participants received either an appointment to an AICPA volunteer committee or a state CPA society committee
How to Be a Better Mentor
A mentor’s job is to foster one-to-one relationships that challenge people to rise to higher levels of competence and responsibility. This article discusses three key characteristics of an effective mentor: 1. An effective mentor asks challenging questions that help people expand their scope of responsibilities. 2. An effective mentor is
Features
SPONSORED REPORT
How to find the right CAS clients
The key to success with CAS is selecting the best clients. Tools like ideal client profiles (ICPs), buyer personas, and even artificial intelligence can help identify the businesses that best fit each CAS practice.
