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Five thousand MBA students said expect to be paid a base salary of $63,695 one year after graduation in the combined category of auditing/accounting/taxation. After five years, the same students expect to earn $111,135.
The accounting sector received the lowest expectations of the 47 sectors surveyed. The next lowest expectation was academic research, at $77,859 one year after graduation and $132,282 after five years. The highest pay expected one year after graduation is in venture capital, at $107,919. After five years of graduation, the highest pay expected is in metals at $346,566.
More : .accountingweb.com
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Cashing in on the accounting boom
The accounting profession is booming, thanks to new rules aimed at exposing corporate crooks.
The Sarbanes Oxley Act is a U.S. federal law passed in 2002 in response to accounting scandals at Enron, Tyco and WorldCom, among others. This has led to greater audit scrutiny in Canada.
Faced with a fast-growing workload — and a wave of retirements in the next decade — accounting firms are recruiting more heavily on university campuses.
More : thestar.com
VISAKHAPATNAM: It has been found during several studies on the extent of transparency of facts and figures in the annual reports of various corporate sectors that the system of accounting differs from one to another.
As a result, many of the corporate houses do not reveal facts and figures in their annual reports.
Later, the International Accounting Standards Board, along with the Financial Accounting Standards Board, has recently took a decision to seek convergence of accounting standards, globally.
Andhra University Department of Commerce and Management Studies on Friday organised a national seminar on 'Convergence of Corporate Disclosure and Accounting Standards', under the aegis
Alpern Rosenthal promoted Sharon J. Helgerman and David P. Roth to managers, accounting and auditing department; and Margaret M. Koepfinger, senior manager, entrepreneurial services group.
John P. Ellsworth was elected partner at Cottrill Arbutina Professional Services.
Goff Backa Alfera & Co. hired April Harms, tax consultant, tax services group; Mandy Funkhouser, consultant, audit and accounting group; and Rebecca Rumski, consulting group, responsible for providing computer-based accounting services to clients.
Maintaining proper accounting system is not only necessary for taxation purposes but also to know the actual position of profit and loss during each financial year or at shorter spans of time. It is only through accounts that we may know where the business stands, what changes are necessary and to plan for future.
Regardless of the size of the business, accounts must be maintained regularly. Help of the private professionals can be sought when the business starts growing. All financial transactions should be noted daily. Accounting being a specialised subject it suffices here to say that you can either
ICFAI Business School will hold a two-day national seminar on 'International Corporate Financial Reporting and Analysis' on August 23 and 24.
The programme will act as a platform to evaluate the current financial reporting model and its relevance for making sensible economic decision, Indian accounting standards and the problems faced in implementing the accounting standards and related financial reporting regulations.
The Indian Institute of Management, Calcutta (IIMC) is all set to enter a collaboration with the Chartered Institute of Management Accountants (Cima), to jointly establish a National Centre for Management Accounting.
The intention is to shape international best practices in the area of management accounting, which, along with enterprise governance, is a core strength of Cima, a leading membership body that offers an internationally recognised professional qualification in management accountancy.
For Cima, which has over 1,55,000 students and a presence in some 158 countries, this proposal to IIM-C is a means of building up its presence in India. Later, it also plans
In a large movement, the center has a 12-member National Advisory Committee for Accounting Standards (NACAS), under the chairmanship of Mr. YH Malegam, a chartered accountant.
Although NACAS had in the past, for a period of one year, official sources indicate that the president and members of the committee, this time, these offices until February 28, 2005.
NACAS was established to advise the Centre on the formulation and definition of accounting and valuation methods and standards for the adoption of businesses or a class of companies under the Companies Act.
In addition to Mr. Malegam the advisory committee would be composed of presidents
When life has to go on while college classes are taken, turning to the Internet can really help. A distance learning bachelors degree can open doors while allowing students to matriculate on their own schedules.
Distance learning bachelors degree programs used to only be offered in a few fields and by a few select, unknown institutions. That is simply not the case anymore. Students interested in earning this very important, employment-benefiting degree will soon find there are plenty of options out there now. Theres no reason to expect to have to go to class all the time to earn a valuable
MBA Tag Clouds
