AT Think

The New Jersey Society of Certified Public Accountants (NJCPA) announced that they will award more than $450,000 in scholarship money this year to high school and college students studying accounting. The sum will be spread across more than 80 Garden State students at a ceremony this April.

The new lease accounting standard is likely to have a much greater impact on lessees than lessors.

According to a new survey from the AICPA and the Ad Council, one in three millennials (34 percent) ranked saving as their number one goal for the year – in front of living a healthy lifestyle (20 percent), paying off debts (19 percent), and losing weight (14 percent). Despite this, a majority of millennials (65%) attributed their lack of saving to impulse buying.

New hires, you're on watch: According to a new Robert Half Finance & Accounting survey, a majority (54 percent) of CFOs said that their new hires have one to less than three months to prove themselves in their roles. Another 9 percent of CFOs expect new blood to prove themselves in less than a month.

The AICPA announced last week that Dr. Yvonne Hinson has been named the Institute's Academic in Residence. The role will see Dr. Hinson provide leadership for the AICPA’s initiatives to engage with and support university accounting educators, focused on building a strong pipeline of professional and diverse students to continue to enter the CPA profession.

Stetson University in Deland, Fla. announced that specially-trained students will be preparing income tax returns for local individuals and families as part of the IRS's Volunteer Income Tax Assistance (VITA) program.

The Financial Accounting Standards Board has named the members who will serve on a Transition Resource Group to help with implementation of its upcoming credit losses standard.

Accounting Principals, recruitment and placement service of accounting and finance professionals, announced on Tuesday that they have become the Official Athlete Career Transition Services Sponsor for Team USA, which will look to support athletes before, during and after their Olympic training and competition to succeed in their careers.

More than half of companies in India are not yet ready for new Indian Accounting Standards, according to a new survey.

This edition of Generational Viewpoints features two individuals from REDW, a 185-employee firm with locations in Albuquerque and Phoenix. We asked Baby Boomer principal and IT director Marcus Clarke, born in 1952, and Millennial principal Paul Madrid, born in 1984, to share their perspectives on business development by answering the following question: “What is your generation’s perspective on rainmaking, and how does it differ or align with the perspective of other generations?”