Dennis Reigle, the AICPA’s director of Academic & Career Development, received the President’s Award from Beta Alpha Psi. The award is given to an individual who has had a significant impact on Beta Alpha Psi over many years. Reigle was Beta Alpha Psi president in 2002 and 2003 and is
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Professional development
Auditing at the Speed of Change
Henry Keizer is the global head of audit for KPMG International and U.S. vice chair of audit for KPMG LLP. He also is a member of the AICPA board of directors. He spoke with JofA Publisher and Editor-in-Chief Joanne Fiore following the AICPA’s board of directors meeting in August and
New AICPA Chairman Outlines Goals, Council Releases GAAP Survey at Fall Meeting
CPAs must embrace change if they are to succeed in the future, newly elected AICPA Chairman Robert R. Harris said Tuesday during his inaugural speech at the Institute’s fall Council meeting in Las Vegas, where he began a one-year term. Harris has served the Institute in many capacities, most recently
Teach Young CPAs Well
On the day Barry Melancon passed the CPA exam, two partners in the small Louisiana firm where he worked did something that paved the path to his role as president and CEO of the AICPA. First, the managing partner told him he needed to make a personal contribution to the
CPA Exam to Undergo Transformation
The Uniform CPA Examination will be transformed beginning in 2011, with a new structure, format and content and supported by enhanced technology, the AICPA said in a letter Friday to state boards of accountancy. The improvements, designated CBT-e for Computer-Based Testing evolution, will be launched Jan. 1, 2011, simultaneously with
New Exam Options Offer Pathways to PFS Credential
An examination leading to the AICPA’s Personal Financial Specialist (PFS) credential is now available in hundreds of cities nationwide, along with a live, interactive online offering of the exam’s case-study component. Together, these features of the new PFS Pathway program are intended to allow CPAs anywhere to obtain the PFS
Revised CITP Credential to Take Into Account Experience and Similar Credentials
The AICPA has revamped its Certified Information Technology Professional (CITP) credential to reward real-world experience, lifelong learning and to recognize similar credentials from other organizations. The Institute announced these revisions at its AICPA TECH+ Conference in Las Vegas. The CITP credential, launched in 2000, recognizes accounting professionals who combine IT
CFO 101: Five Prerequisites
To climb the ladder in most finance organizations, CPAs hone their skills in making accounting judgments, closing the books, accurately preparing financial statements and other reports and filing them on time. But current CFOs agree that to reach the top—the CFO position—another skill set is required. Unfortunately, these additional skills
Inaugural Leadership Academy Helps Participants Hone Skills for the Future
The first AICPA Leadership Academy gathered in Chicago for three days in July to focus on the future of the accounting profession. Led by Institute Chairman Ernie Almonte, the group consisted of CPAs under age 35 who engaged in intensive workshop training sessions to develop and hone leadership skills and
Learning From Your Mistakes
Here are some tips for making the most of those times when you’re not at your best: Own up. Don’t cover up a mistake. Admit it to those who need to know and move on. React and repair together. Once the mistake has been identified, brainstorm with your team on
Are You an Active Networker?
In today’s economy, it is more prudent than ever to reconnect if you have not been an active networker. You never know when you may need your contacts, and it is better to offer them assistance now before you need help yourself. Here are some ideas for jump-starting your network’s
Layoff Survivors’ Relief Turning to Stress
At first, workers who survive layoffs may feel grateful and relieved to still have their jobs. But, as workloads and anxiety over job security increase, those feelings can quickly turn to stress and burnout. According to a nationwide survey of 4,400 workers by CareerBuilder.com, 30% of layoff survivors feel burned
In a Noncompete Bind?
If you find yourself out of a job in this downturn, keep in mind that restrictive covenants may limit your next move. If you are a party to such an agreement, you could face a costly lawsuit if you go to work for a competing company or firm or start
AICPA 2009 Trends Report Shows High Level of Accounting Degrees, Enrollment
The number of accounting graduates reached a record level during the 2007-08 academic year, according to the AICPA’s 2009 Trends in the Supply of Accounting Graduates and the Demand for Public Accounting Recruits. More than 66,000 combined bachelor’s and master’s degrees were awarded, a 3.5% increase from 2006-07, and the
Pursuing a Ph.D. in Accounting: Walking in With Your Eyes Open
After teaching mathematics for a number of years, I was contemplating a change in careers. After researching possible career choices, I took an accounting night class at a local university. I enjoyed the logic and structure of the class and quickly decided this was my niche. Next, I set my
Online CPE Grading Gets an Upgrade
The Institute has improved its Online Grading Web site for CPE self-study courses. The enhancements include a new design, improved navigation, new features to the exams and a simplified login process. AICPA CPE Online Grading is free and available for any AICPA self-study course in formats that include text, DVD
Take Stock and Take Action
To assess your commitment to creating value in your career, order the six statements below from the one that best describes you to the one that least describes you. I do my part. I am patient in waiting for opportunities to advance my career. I am not ready to move
Results, Results, Results
Efforts are wonderful, but results create value. Results come from a strong focus and uncommon persistence. For many CPAs, focus begins with good time management. Every practitioner gets 24 hours a day—1,440 precious minutes—that never seems to be enough. To manage your time is to manage your life, so learn
The Virtues and Challenges of a Long Break
Some people do solo retreats for personal development. Others provide volunteer services. One CPA firm partner took his two adopted children back to their homelands—Korea and Vietnam—where his 21-year-old son was reunited with his birth mother, brother and sister after 14 years, and discovered he had six nieces and nephews.
Right Track Your CPA Career
Careers aimed toward excellence start with the recognition that every CPA is truly running his or her own personal firm. Whether they are in public accounting, government or private industry, everyone must make investments into their company to be successful. These investments provide extraordinary returns for the individual CPA as
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