The New Jersey Society of CPAs has launched the CPA Observation Post, an accounting and financial news blog for both businesses and individuals. The blog format allows readers to view the entire news stream or to focus on news categories of interest. Subjects range from CPA careers and the current financial crisis to regulatory activities and taxation.

"Our goal is to be brief and timely, and to focus on the news that matters most to our audiences," said Don Meyer, director of communications at the NJSCPA. "We plan to feature the latest news from the NJSCPA and New Jersey accounting firms and provide links to primary resources or trustworthy news sources."

The Observation Post also offers features including RSS and Twitter feeds, as well as allowing readers to comment on stories and a direct e-mail link back to the editors of each post for more information.

For more, visit www.njscpa.org/observationpost.


CCH has launched the CCH Learning & Development Academy, a training program for accounting firms of all sizes. The academy combines technical accounting, software and professional skills training into integrated programs tailored for specific organizational roles. Graduates can earn certifications and become part of an Academy Alumni Community to share technical and business knowledge.

The first offering from the academy is a School of Audit, offering two-to-four-day sessions for four staff levels, from first-year staff to seniors and above. Students will tackle real-life tasks and issues similar to what they would experience in the field. Topics will include technical skills such as audit sampling, understanding the risk assessment standards, testing internal controls, software skills such as building worksheets with CCH ProSystem fx Engagement, and professional skills including how to efficiently work with staff, managers, partners and clients. Academy programs are available either on site or at regional centers. For more, visit www.tax.cchgroup.com/academy.


Washington, D.C. - Yaeger CPA Review and Ellis University are offering CPA candidates a "fast-track" route to an MBA degree.

The online university is allowing CPAs to receive up to nine credits toward their MBA at no cost, and they will need only 27 more credits to earn the MBA. After candidates have taken Yaeger CPA Review's HomeStudy course for any part of the CPA Exam and successfully passed that section, they receive up to three credits toward an MBA from Ellis University. Then when they pass either the Financial Accounting and Reporting or the Regulation part of the exam, they will earn three MBA credits for each part. For Auditing and Attestation, they can earn two credits, and a single credit for Business Environment and Concepts, giving them a total of nine MBA credits.

Participants need to be a matriculated Ellis University MBA student for at least three courses (nine credits), and Ellis will grant the additional nine credits toward their MBA degree, allowing them to save over $6,000.

For more information, visit www.yaegercpareview.com/content/online-mba-ellis-university-14.cfm.


Frank K. Ross, director of the Howard University Center for Accounting Education, has called for increased efforts at recruitment, retention and leadership development, in a new position paper, "Staying the Course on Diversity: Making a Commitment to Build a Stronger Accounting Profession."

Ross noted that despite four decades of effort and significant progress, accounting still trails other professions, and many large businesses, in minority representation. According to the American Institute of CPAs' most recent study, minorities currently hold only 5 percent of partnership positions at the largest firms, and only 1 percent of partners are African-American.

One reason for this, many scholars and practitioners believe, is that although institutional barriers have fallen, minorities continue to face subtle, but real, career barriers.

(c) 2009 Accounting Today and SourceMedia, Inc. All Rights Reserved.

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