Educator e-News

Educator e-News Issue 29

by MICPA | Oct 23, 2014   ()

Congrats to CMU’s Dr. Robert Bromley

CMU accounting professor Dr. Robert Bromley received the Accounting Teaching Excellence Award at the MICPA’s 2014 annual Awards Dinner on Oct. 3. Dr. Bromley is noted as an expert on accounting systems, internal control and corporate governance. He has developed an effective network of alumni and professionals who share their expertise with his students, bringing real-life experience to the classroom. Congratulations, Dr. Bromley! (Read more about all of the MICPA award recipients – including Gov. Rick Snyder, CPA.)


Set Your Students on the Path to Success: Free Student Memberships
You can give your accounting students an edge when it comes to the job market. The MICPA Career Center can help! Students may post their resumes on the Career Center at no cost and get exposure in a job market focused on accounting. They can also search for internships and entry-level positions. The bonus: Student Member dues are waived if they upload their resume! If you have any questions about memberships for your students, please call the MICPA Member Services team at 248.267.3747.  

New Version of CPA Exam: Hot Topic at Fall Council
The evolution of the Uniform CPA Examination and how it might change for the next version scheduled to launch in 2017 was a hot topic this past Sunday, at the start of the AICPA’s 2014 Fall Meeting of Council in Boston. Read more about the exam discussion in this Accounting Today article. You may also find this 2014 CPA Exam Booklet useful. Released by the AICPA over the summer, this resource includes information on topics such as eligibility for the CPA license, international administration of the CPA Exam and the governance structure that oversees it. The booklet also includes information on the practice analysis, a comprehensive research project that is conducted to determine which skills and knowledge areas are the most relevant to the evolving CPA profession. 

Study Looks at Value of AP Courses to Accounting Students
A study by three accounting professors at Kansas State University may shape how high school students start preparing for a career in accounting. The research, funded by the National Association of State Boards of Accountancy, will examine state policies and attitudes toward acceptance of Advancement Placement courses, and compare the success on the certified public accountant exam between students who enter college with AP credit to those who do not. The study is important to the accounting profession, which is in the process of working with the College Board to create an AP accounting course for high schools. Read more.

PCAOB Solicits Candidates for Economic Research Fellowships for the 2015-2016 Academic Year
The Public Company Accounting Oversight Board is seeking candidates for economic research fellowships for the 2015-2016 academic year. Up to four Fellows will be chosen to conduct research within the Center for Economic Analysis, which was established to study the role and relevance of the audit in capital formation and investor protection, and to encourage related economic research. The fellowships will start in August 2015 or a mutually agreed-upon date and will continue for 12 months with the possibility of a single one-year renewal. Candidates should have an active interest in auditing, the capital markets and regulatory oversight matters. Additional details on the fellowship positions and the application process are available on the PCAOB website. Applications are due no later than January 15, 2015.

Take a Quiz: Test Your Knowledge of IFRS
The IFRS Foundation has developed an online quiz for students and educators based on the content of IFRS as global standards: a pocket guide. The Quiz contains 220 true-false questions. When you take the quiz you will be given 10 randomly selected questions. When you finish the 10 questions, the quiz is instantly graded with correct answers and explanations for the answers shown. You may repeat the quiz as many times as you like, with a new selection of 10 questions each time. Access the IFRS Quiz.

Students Discovered Great Opportunities at MICPA Career Fair

On Friday, Oct. 3, 2014, 165 students and future CPAs from across the state met in Novi with 21 firms and companies to discuss potential internship and job opportunities at the MICPA’s first-ever Career Fair. Eleven local colleges and universities were also onsite to discuss accounting bachelor programs as well as fifth year/graduate opportunities. “I was very impressed with the students’ enthusiasm and I’m so glad they took advantage of this opportunity to make professional contacts,” said David Johnson, MICPA assistant director of membership and academic affairs. Because the event was so successful, planning for next year is already underway. Stay tuned for details.


Have You Checked Out the New Yet?

You’ll love MICPA’s sleek new website! It’s mobile-friendly with lots of new content. You’ll especially want to check out the educator resource center and the career center.


MAF Scholarship Application Coming Soon

The 2015 Michigan Accountancy Foundation scholarship application will be online in early November.  The MAF has awarded more than $1 million in scholarships to fifth/graduate year accounting students since launching the program about 10 years ago.

New Research Highlights Salary Trends, Hot Skills in Coming Year

The just-released 2015 Salary Guides from Robert Half show that U.S. starting salaries for professional occupations are projected to increase an average of 3.8 percent next year. Your students will be happy to hear that accounting and finance professionals can expect starting salaries to rise an average of 3.5 percent, according to the research. Read more.

Source: MICPA
Source: MICPA