Statistics Show Internships Lead to Success!

Statistics Show Internships Lead to Success!

Student information from Ernst and Young

Accounting majors who are interested in Ernst and Young should check out this link:
http://www.ey.com/US/en/Careers/Students/Your-role-here/Students---Your-role-here#fragment-7-na

Fraud Investigations

In many of my classes, I tell students about the career possibilities in the areas of fraud and forensic accounting.  We look at the requirements of the CFE and in my AIS course, we examine a few fraud case studies - one a famous local case regarding bookkeeper fraud.  Today, I can upon the following job posting from Ernst and Young.  The position is entry level but it does require 1 year of experience.  I think it might be useful for a student to review this job description - especially if this is an area of interest.

Fraud Investigation & Dispute Services Experienced Staff - BOS000O5

US-MA-Boston

Our Fraud Investigation & Dispute Services (FIDS) practice advises corporations and their outside legal counsel on complex business matters that involve financial, fraud and forensic investigations and economic damages arising from disputes pertaining to intellectual property infringement and other various matters. E&Y is on the cutting-edge in current trends in fraud and forensic investigations and serves as a quality-focused liaison between our clients and the law. Our dynamic and talented group is currently seeking the right candidate for a career opportunity as a Staff professional.

Responsibilities
Work on multiple client engagement teams that assist in performing fraud and forensic investigations, expert witness services, and financial and economic analyses.

Maintain a strong client focus and maintain/develop productive working relationships with clients. Create work products that document the engagement procedures. Stay informed of current business/economic developments and their impact to the client.

Develop people through teamwork, integrity, and leadership. Support colleagues and value others' contributions.

Commit to developing knowledge. Use technology to continually learn, share knowledge with team members, and enhance service delivery.

Bring potential opportunities to the team's attention. Seek, develop, and present ideas to utilize EY's quality services.  

To qualify, candidates must have:

• an undergraduate degree in accounting, finance, or economics (related minors preferred)
• approximately 1 year of related experience
• excellent teamwork, prioritization, and communication skills
• knowledge of current PC-based tools, including databases (Access) and spreadsheets (Excel)

Professional and/or internship experience in fraud and forensic accounting, or progress towards a CPA, is helpful. The successful candidate must also be willing and able to travel.

Outstanding Accounting Educator Award for 2012

The Massachusetts Society of Certified Public Accountants is soliciting nominations for its Outstanding Accounting Educator Award for 2012. The purpose of the award is to recognize full-time college accounting educators who exhibit excellence in classroom teaching and active involvement in the accounting profession. The recipient will receive $1,000 to further his/her professional development and a matching gift will be given to the college's accounting department in their honor.

The MSCPA Academic and Career Development Committee will review the nominations and select a winner who will be recognized at our May 10, 2012 awards ceremony at the Boston Park Plaza Hotel.

To be eligible for the Outstanding Educator Award, your nominee must be:

• A full-time accounting educator at a college or university.
• Distinguished for excellence in classroom teaching, motivating students, and educational innovation.
• Contributing to the accounting profession, as demonstrated by active involvement in professional activities, such as, participation in professional accounting organizations.
• An active MSCPA member
• Someone who has served as a liaison between the classroom and the business world.

Educators who are noted for their teaching abilities but are now predominantly involved in administration or research are also eligible for the award.

To download a nomination form please click here. The deadline for nomination is April 16. All nominations will be held confidential, including to the nominees themselves, and only the recipient of the award will be announced.

Student Membership in the IMA

If you like management accounting or enjoyed your cost accounting course, you might want to consider joining the IMA as a student member.

Here's what the IMA website has to say (http://www.imanet.org/ima_membership/membership_categories/student_members.aspx):

As an IMA Student member, you can learn about the accounting and financial management profession, explore your future career options, and build your résumé and professional network.
Student Membership
We offer Student members access to many IMA membership benefits at significantly reduced rates:

• IMA Student membership fee of $39 (regularly $195)
• Reduced CMA certification entrance and exam fees
• Opportunity for a scholarship to attend the IMA Annual Conference & Exposition

IMA Student membership is available to individuals who are:

• Enrolled in at least six (6) undergraduate or graduate credit hours, or the equivalent, per semester
• Reside in the U.S., Canada, or Mexico

Student membership can be held for a maximum of six (6) years. Students who become Professional members can't revert back to Student membership.
The programs and benefits for Student members include:

Student Leadership Conference
This exclusive IMA event enables students to explore management accounting career options first-hand while networking with experienced professionals.
Scholarships
IMA sponsors a variety of scholarships to help offset the high cost of education:

• IMA Memorial Education Fund Scholarships
• Stuart Cameron and Margaret McLeod Memorial Scholarship
• Rolf S. Jaehnigen Family Scholarship
• IMA Research Foundation grant program for doctoral students pursuing research in management accounting

Networking
IMA offers several options for you to engage with other students, professionals, academics, and thought leaders:

• Student chapters at colleges and universities
• Local IMA chapters throughout the U.S.
• Proprietary LinkUp IMA social network

Publications and Educational Resources

• Strategic Finance
• Campus Connection newsletter
• Topical and timely webinars
• McLeod Library, offering assistance with research and bibliographies

Job Connection
Once you enter the profession, you will have access to:

• A specialized page on LinkUp IMA helps job-seeking members find positions
• An excellent source of targeted job postings in accounting and finance

CMA Certification
Begin the CMA (Certified Management Accountant) program while you are still in school and get a head start on earning this essential credential.

Special Offers
Exclusive offers are available from quality brands such as Bank of America, FedEx, Hertz, and Geico on a range of business and professional services, including:

• Executive Recruitment
• Shipping
• Office Supplies
• Personal Insurance
• Automobile Insurance
• Technical Training
• Retail Discounts
• Rental Cars
• Credit Card Reward Programs
• Identity Theft Protection
• Employee Recognition

MA Society of CPA Membership

I strongly suggest that if you are an accounting major that you join the MA Society of CPAs and put that membership on your resume ASAP.  It is very inexpensive - $25. 

Student Membership

Any Accounting/Business undergraduate or graduate student attending a college or university in Massachusetts; or, attending a college or university out-of-state with a permanent address in Massachusetts.  

Here are just a few of the great benefits of becoming a student member:

MSCPA special events, meetings, and committees.
Internship and Employment Opportunities
Participation in MSCPAonline.org resume database
Scholarships for tuition, books, and exam fees.
Access to the members-only area of MSCPAonline.org
MSCPA bi-monthly magazine, SumNews
Digital edition of the MSCPA's bi-monthly magazine, SumNews
Weekly MSCPA e-newsletter Friday@Five
New Accountant Magazine
CPA Exam Review Courses – up to $400 savings


Go to https://secure.mscpaonline.org/join/submit_student_application.php to complete the application.

Massachusetts Society of CPAS

Did you know that the MA Society of CPAs posts accounting internships on their site?  Go to: http://www.mscpaonline.org/careers/browse_internships  to see what's available.