May 31, 2011


 
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Strong hiring demand forecast for accounting grads
Newly minted accountants have some of the brightest job prospects in the nation, with nearly 90 percent of accounting firms forecasting the same or increased hiring of graduates this year compared with 2010, and nearly three quarters, 71 percent, of the largest firms anticipating more hiring – an indicator of a rebounding economy.
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Do for-profit colleges deserve taxpayer support?
Students at for-profit colleges have a much higher dropout rate and frequency of student loan defaults when compared to those at traditional public and private colleges and universities. In addition, a GAO report shows that several of these schools employ unethical tactics in recruiting. Despite all that, these schools continue to earn large profits while taxpayers pick up the tab.
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What to consider when applying to graduate school
"The roots of education are bitter, but the fruit is sweet." I believe this quote by Aristotle aptly describes the attitude young professionals have toward furthering their education, whether through certification, graduate school, CPE or some other avenue. However, the rewards of furthering one's knowledge base are often sufficient to justify the "pain" of advanced education.
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5 ways to maximize the value of training
I know that continuing professional education for accountants is a mandated thing and that sometimes it's only about the all mighty CPE credit. But that does not take away from the potential value of the education itself. Please--continuing education isn't just about putting in the time! Even in non-regulated professions, outside training is considered essential to stay up to date with the latest trends and best practices in your field.
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Taking full advantage of the time you are spending at tradeshows/CPE conferences
Take advantage of the time that you have take away from the office to get your CPE done in the next few months! Maximize it by spending time with the Vendors and learning how it can help your practice. The time is a sunk cost anyway having to do CPE - so why not only use for it compliance (getting CPE done) but also taking your Practice to a standard of Excellence.
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Career watch: CPA profession provides job opportunities
During May and June, 70,000 high school students will graduate from Minnesota public and private schools. As new graduates consider career options, the Minnesota Society of Certified Public Accountants encourages them to look at accounting.
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It's time for a little education reassessment. Today's articles feature insights on getting a graduate degree (weigh the cost against the ROI), job searching for recent grads (Accounting = Good, Other professions = NotSoGood), and getting a little extra out of those CPE conferences you attend this summer (don't just go for the classes). Guest writer Curtis Verschoor takes us on a little tour of for-profit colleges and gives us the scoop on what's really going on at these academies of higher learning.
Best wishes,
Gail Perry, CPA
Editor-in-Chief
editor@accountingweb.com


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