Accounting grows amid downturn Nov 14, 2009
Accounting industry has emerged stronger despite Enron, financial crisis ... Despite a rocky decade that included the Enron scandal -- whose accounting shenanigans also took down Arthur Anderson, then one of the world's largest accounting firms -- and the financial crisis, the accounting industry has emerged stronger than ever before ... While the accounting industry has taken its turn under the klieg lights of U.S. Congressional hearings on the financial crisis, the industry hasn't emerged as a... (CNN -- International)
Sandy Reese, Builders Mutual Insurance Co. Oct 13, 2009
Reese, a 23-year veteran of the insurance accounting industry, will report to Builders Mutual CFO Tom Lockard. This article is for Paid Subscribers ONLY.. (Triangle Business Journal)
People on the Move: Sept. 28 Oct 6, 2009
She has an extensive background in the accounting industry as well as a master s degree in business administration from. Prior to joining Ryan & Wetmore, Lucero served as corporate accounting manager at in D.C. Kelly Lasagonicz has been hired as a staff accountant in Frederick; Jason Dudas has been hired as a staff accountant in Vienna and Bethany Bouw has been hired as a staff accountant in Silver Spring. (Washington Business Journal, DC)
* Flagrant cheating is undermining societys interests Oct 5, 2009
Equally, governments find it hard to challenge the accounting industry, along with much of the financial services so-called structured (cheating) investment operations, built around advising the rich how to avoid (and even evade) tax. Too many people have been allowed for too long to build a career on advising others how to cheat. (Taipei Times, Taiwan -- World Business)
REGULATORS: Accounting changes need global reach Sep 15, 2009
"Now that some measure of confidence has been restored and financial strains are receding, it is time to turn our attention to the lessons learned in the crisis," Fed Gov. Elizabeth Duke told an accounting industry audience on the first anniversary of the collapse of ... Supporters including Wall Street interests and the accounting industry say it makes sense in an era of increasingly globalized financial markets and would help lure foreign companies to U.S. markets. (USA Today -- Money)
Accounting and Finance Industry Gets a Leg Up at National CPE Expo Aug 21, 2009
Identified as a recession-proof profession, the accounting industry has been less affected by the recent slump in unemployment ... The Expo also features a Keynote Luncheon, Accounting Industry Town Hall Meeting, networking receptions and exhibits. (PR Newswire)
Sotomayor Confirmation Makes History Without Changing High Court's Balance Aug 7, 2009
Later in its 2009-10 term, the court will consider the ability of private citizens to sue over religious monuments on public property, determine the constitutionality of a government agency that oversees the accounting industry and consider whether youths can be sentenced to life in prison for crimes other than murder. The court might also take up its first gun-rights case since declaring last year that the Constitutions Second Amendment protects an individuals right to bear arms. (Bloomberg -- US)
Can hobbled Huron Consulting survive this scandal? Aug 5, 2009
These types of firms have to be squeaky clean with no exceptions, and this was too big of an exception, says Allan Koltin, a Chicago-based accounting industry consultant. I respect the changes they made and the speed (with which) they made them. (Crain's Chicago Business)
Financial accounting board Jun 27, 2009
FASB's vulnerability is seen as stemming partly from its hybrid status as an advocate for the accounting industry and its watchdog. "That's often a difficult balancing act," said Anthony Sabino, a professor of law and business at St. John's University in New York. (Pocatello Idaho State Journal, ID)
Suggestions for moms headed back to work May 25, 2009
For example, if you're a CPA, look for jobs and network on accounting industry job boards such as American Institute for Certified Public Accountants or the American Society of Women Accountants instead of sifting through thousands of job listings on a more general site. - Learn the language: Make it easier for recruiters to find you by optimizing your resume and cover letter for search engines and resume scanning software. (Fresno Bee -- Lifestyle)
Supreme Court to Decide Validity of Anti-Fraud Law May 19, 2009
The justices said Monday they will consider a constitutional challenge to the 2002 Sarbanes-Oxley law from pro-business conservatives, who complained that the board established to oversee the accounting industry violates the constitutionally mandated separation of powers ... Congress created the board to replace the accounting industry's own regulators amid the business scandals, giving it subpoena power and the authority to discipline accountants. (ABC News -- Wire)
Oh, impotent Washington May 14, 2009
In early April, the accounting industry loosened the rules for mark to market, allowing it to be supplanted by the much looser mark-to-model standard. In none of the stress tests was any mark to market accounting of banks' assets utilized; mark to model was how the auditors valued bank assets, and the good times rolled. (Asia Times Online)
Report: 7 thriving industries in the U.S. May 9, 2009
2 percent in the past year, making the accounting industry among the top 20 in the country by sales growth. Personal care services. (Pacific Business News, HI)
UK finance watchdog to investigate banks in connection with financial collapse Apr 13, 2009
The paper cited unidentified sources within the accounting industry. The FSA declined to comment on the report. (The Star Online, Malaysia -- Business)
Optimistic Investors Fuel Wall. St. Rally Apr 3, 2009
Banking shares got a significant boost after a rulemaking body for the accounting industry relaxed financial reporting rules that force banks to value their assets at current market prices. The change in "mark-to-market" accounting rules, which should help banks reduce losses, sends another lifeline to the troubled financial industry. (CBS News)
Will Bad Economy Lead To A New Outlook? Mar 29, 2009
Will Bad Economy Lead To A New Outlook. Will Bad Economy Lead To A New Outlook. (CBS News)
Job 'pipeline' under pressure as higher ed cutbacks hit hard Mar 27, 2009
a slowdown in hiring full-time faculty and hiring fewer part-time lecturers from the accounting industry to provide their firsthand experience to students. When you are re-regulating the financial sector, you need accountants and forensic accountants, she said. (San Jose Business Journal, CA)
Fair-Value Accounting Isn't Working, Wells Fargo Chairman Kovacevich Says Mar 14, 2009
The rules were designed to enhance transparency in bank balance sheets and indicate true financial health, according to investor groups and the accounting industry. chairman of the Financial Accounting Standards Board, may encourage bank executives to be flexible in valuing their assets, he said in an interview yesterday after testifying at a House subcommittee hearing. (Bloomberg -- Australia & New Zealand)
Economy Driving Demand, Adding Glamour to Accountant's Role Mar 13, 2009
It's possible to with an associate degree, so anyone looking to seize on the emerging opportunities in the accounting industry needn't necessarily make a four-year investment in education. DeVry University offers an associate degree in accounting that can be completed in as few as two years if students attend classes year-round. (Ontario Argus Observer, OR)
U.S. online job search sites see traffic boom Mar 10, 2009
com, a major job board, found that postings for the accounting industry in January fell 53 percent from a year earlier, with postings for technology industry dropping 43 percent. The sectors that held up the best were health care and education, which saw postings down 8 percent and 9 percent respectively. (Xinhuanet, China)
Traffic Up At Job Web sites Mar 9, 2009
com, a major job board, found that there were 119,171 postings for the accounting industry in January, down 53 percent from a year earlier. Postings in technology were down 43 percent to 395,629. (San Francisco Chronicle -- Business)
Cherry Bekaert & Holland expansion trail blazes south Feb 13, 2009
The deal represents the continuation of an advancing consolidation trend in the competitive accounting industry. So-called regional firms such as CB&H are looking to expand market share at play in major cities as frugal clients are increasingly considering alternatives to pricey national firms. (Tampa Bay Business Journal, FL)
