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March 6, 2013
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  Top Stories 
 
  • What young accountants should do to climb the career ladder
    Marc Ursick, CPA, CGMA, wrote down the strengths of highly successful colleagues he has encountered at Ernst & Young in the past four years. Then, he distilled his observations into 10 career tips for other young CPAs who, like him, dream of becoming a chief financial officer, controller or partner. CPA Insider (2/25) LinkedInFacebookTwitterEmail this Story
New eBook: Communications: Methods and Applications for Financial Managers. Improving communication is one of the most important – and challenging – issues that management accountants face. This new eBook provides strategies for clearly communicating complex financial, regulatory and business issues throughout your organization. > Order Now
  Africa 
  • Botswana minister notes need for strong accountancy
    Kenneth Matambo, Botswana's minister of finance and development planning, emphasized a need for a strong accounting profession, supported by professional qualifications and standards, at a conference of the East and Southern African Association of Accountants General. He said the ministry has partnered with the accountancy profession, boosting Botswana's credibility with foreign and domestic investors. Mmegi Online (Botswana) (2/27) LinkedInFacebookTwitterEmail this Story
  Americas 
  • IRS outlines areas affected by sequestration
    The U.S. Internal Revenue Service has announced areas that will be affected by mandatory spending cuts this fiscal year. They include taxpayer services, enforcement, operations support and business-system modernization. Also, the IRS says certain tax-related payments will be cut by 8.7%. JournalofAccountancy.com (3/5) LinkedInFacebookTwitterEmail this Story
  • Other News
  Asia 
  • Big 4 might get requests to form union chapters in China
    The Shanghai chapter of the All-China Federation of Trade Unions is pushing to unionize PricewaterhouseCoopers, Deloitte Touche Tohmatsu, Ernst & Young and KPMG. Chinese law allows workers at companies with more than 25 employees to request a union chapter. Reuters (3/1) LinkedInFacebookTwitterEmail this Story
  • Other News
  Australia 
  Europe 
  • Banker-bonus cap draws ire across Europe
    The EU aims to cap bankers' bonuses at 100% of annual pay, or 200% with shareholder approval, starting Jan. 1. Criticism is strong, especially in investment banking, where bonuses can reach 10 times salary. The U.K. is pushing to water down the measure. Spiegel Online (Germany) (3/1) LinkedInFacebookTwitterEmail this Story
  • Other News
  AICPA News 
  • How to enhance the value of your company
    The economic climate is causing a shift in management-accounting concepts, away from a market-value-added metric toward principles of shareholder-value analysis. The online course Strategic Performance Measures describes the reason cash is king in this environment and how shareholder-value analysis can encourage managers to make decisions that truly enhance the value of a company. LinkedInFacebookTwitterEmail this Story
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  SmartQuote 
Concentrate all your thoughts upon the work at hand. The sun's rays do not burn until brought to a focus."
--Alexander Graham Bell,
Scottish-born American inventor


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    The American Institute of Certified Public Accountants is the world's largest association representing the accounting profession, with nearly 386,000 members in 128 countries and a 125-year heritage of serving the public interest. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting. The AICPA sets ethical standards for the profession and U.S. auditing standards for audits of private companies, nonprofit organizations, federal, state and local governments. It develops and grades the Uniform CPA Examination and offers specialty credentials for CPAs who concentrate on personal financial planning, fraud and forensics, business valuation and information technology. Through a joint venture with the Chartered Institute of Management Accountants, it has established the Chartered Global Management Accountant designation to elevate management accounting globally.

     
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