Articles

Careers in Forensic Accounting: Discovering Roles and Emerging Opportunities

Explore the types of forensic roles that an online Master of Science in Accounting from New England College.

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    The Pros and Cons of Global Accounting Standards

    The debate on whether to move to a unified set of global accounting standards is ongoing, and the discussion hinges on the proposed plan’s benefits and drawbacks.

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      The Accounting Field in 2017: Identifying Important Trends

      Some of the most important predictions for the field of accounting in 2017 are highlighted here.

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        These Characteristics May Make You a Better Accountant

        As leaders, accountants will be expected to guide a team, teach others about new technology, pay attention to the details, show persistence in the workplace, and ….

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          Reasons to Pursue a Degree in Accounting Right Now

          Accounting is a rapidly growing field that has seen a tremendous amount of change in the past few decades…

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            5 Keys to Change Management

            Planning for change offers all parties a step-by-step guidebook as to how the changes are going to be implemented.

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              The Value of Failure

              The experience of failing is important because it encourages individuals, especially leaders, to work both harder and smarter.

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                Five Reasons to Pursue a Career in Healthcare Leadership

                The healthcare industry has excellent job prospects and is expected to enjoy tremendous growth and opportunities.

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                  Why Accountants Must Be Tech Savvy

                  Advances in technology and growth in the availability and accessibility of data gives business leaders visibility into every facet of their organization. Once only available to enterprise-level businesses, modern analytic tools are scalable, user-friendly, and accessible to all who have the knowledge to leverage them. And as these trends continue, financial reporting will demand more [...]

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                    When Ethics Fail: Some of the Worst Accounting Scandals

                    Of the ten worst accounting frauds in the last 15 years, only one or two were discovered as the result of a whistleblower. The majority of the frauds were discovered as the result of more obvious events that brought them to the surface – bankruptcies, suspicious trades that invited SEC investigations, changes in management, and [...]

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                      Ways Big Data Will Change the Future of Auditing

                      The auditing cycle has remained relatively unchanged for the last 80 years. While this stability instills confidence in investors and markets, advances in technology and the availability and accessibility of data, are creating a new landscape for financial reporting that will demand more from its audits. With investors having access to what seems like an [...]

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                        Why You’ll Love Nonprofit Leadership

                        Non-profit leadership involves the application of management skills, problem solving abilities and leadership strategies to day-to-day operations. Working with non-profits offers graduates unique opportunities, like upward mobility, job availability and security, and the ability to perform many roles outside of just one job description. These are just a few of many reasons why future leaders [...]

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                          Reasons Why NOW is a Great Time to Get a Degree in Project Management

                          With 15.7 million project management positions expected to be created globally by 2020 according to the Project Management Institute’s Project Management Talent Gap Report, a career in project management can be one of the more recession-proof career paths. Along with the growth in available jobs, there will also be a significant increase in the economic [...]

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                            Countries Leading the Way in the Shift to Renewable Energy

                            Solutions for harvesting and distributing renewable energy sources are no longer reserved for a theoretical future. While the transition from fossil fuels to renewable sources is certainly still in its infancy, many countries are already forging ahead towards a greener future. From solar to wind, there’s no one-size-fits-all solution for every country – but with [...]

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                              Job Spotlight: Internal Auditor

                                Internal auditing is an absolutely essential role within any company, to ensure that daily operations run smoothly and all laws and regulations are adhered to. As an impartial watchdog, an internal auditor, “audits fiscal statements, expense reports, inventory and pretty much anything else that needs to be impeccable in case of an external audit by [...]

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                                Finance Accounts to Follow on Twitter

                                Though you might not think of accounting as a social career, many professionals in the field have developed an engaging social presence. Twitter gives experts from all industries a platform for sharing information in real time, allowing for timely commentary on topics as developments occur. With a mix of news stories, personal opinions, humor, and [...]

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                                  Accounting Isn’t Just for Introverts

                                  The accounting profession is often associated with number crunching and a good deal of deskwork. Many people, therefore, assume that the profession is best suited for introverts. The reality, however, is that about half of accountants are extroverts, according to the Chartered Institute of Management Accountants, clearly indicating  that accounting is a multifaceted occupation that [...]

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                                    The Future of Non-Profit Management

                                    The HR Council for the Non-profit Sector reports that “there are concerns about where future non-profit leaders will come from to fill vacancies” as the previous generation of workers retire from the workforce. They identified this leadership deficit as a significant issue in the sector, particularly with how succession will be handled.   Image   [...]

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                                      Making the Most of Your Online Learning Experience

                                      New England College’s Master of Science in Management degree is available to study online, offering students the flexibility to work at their own pace and schedule. By completing all or part of their degree off campus, students can take advantage of the opportunities that an advanced degree will provide without interrupting their careers.   Image [...]

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                                        Project Management Twitter Accounts to Follow Now

                                        Twitter gives experts from all industries a platform for sharing information in real-time, allowing for timely commentary on topics as developments occur. Users can highlight and expand on a speech being given at an industry conference, or link to a developing news story and discuss possible effects on their area of expertise. A search for [...]

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                                          Project Management Career Path: Your Next Steps

                                          A career in project management has proven to be one of the more recession-proof career paths, as 15.7 million project management positions will be created globally by 2020 according to the Project Management Institute’s Project Management Talent Gap Report. So with unemployment rates in the United States over 12% for those under 29, and 44% [...]

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                                            Why Non-Profit Management Degrees Matter

                                            New England College’s Master of Science in Management degree offers students the choice of nine concentrations, each exploring the challenges and opportunities of the business climate in New Hampshire and northern New England. The Non-Profit Leadership concentration “is designed to increase your awareness and acumen in areas of non-profit governance, fundraising, volunteer management, and human [...]

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                                              Five Project Management Mistakes to Avoid

                                                A recent study of Fortune 500 companies identified the number one predictor of a project manager’s effectiveness is stakeholder partnership. Securing the buy-in of a project’s stakeholders helps build its foundations, and nurturing those relationships throughout the project’s lifecycle can be the most powerful asset in your toolkit. However, deftly maneuvering these multiple personalities [...]

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                                                The Future of Accounting

                                                    Source       With an unemployment rate half of the national average at 3% and a growth rate of 13% projected over the next ten years, the future of what many consider to be one of the best jobs in the country continues to look bright. But as LinkedIn Influencer, Tom Hood, [...]

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                                                  Pass Your CPA Exam with a Masters in Accounting

                                                  Pass Your CPA Exam with a Masters in Accounting   Source     A Masters in Accounting is more than just a tool to gain the required credit hours for the CPA exam. An MSA will provide the in-depth knowledge you need to study for and pass the CPA exam. The University of Tennessee recently [...]

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                                                    Online Learning: Tips for Success

                                                    Source   Online classes offer many benefits for students who choose to complete some or all of their coursework outside of a traditional classroom. With lower costs and flexibility to complete work when and where the student wants, online degree programs allow professionals to earn the degree they need to advance their careers.   If [...]

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                                                      Why Nonprofit Accounting Is Different

                                                      Many of the accounting principles and procedures that apply to for-profit businesses also apply to nonprofit organizations. However, nonprofits share several accounting and financial considerations since these organizations do not generate revenue for the benefit of shareholders. Discover several important distinctions that can make nonprofit organizations interesting careers for accounting professionals. Nonprofit Organizations Maintain a Different [...]

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                                                        What You Need to Know About Mergers and Acquisitions

                                                        What types of projects do you expect to work on in your career as an accountant? Your first answer might have to do with corporate tax documentation, shareholder reports, or regulatory compliance. If your thoughts didn’t run to mergers and acquisitions, however, you owe it to yourself to give this area some attention. Here’s a [...]

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                                                          4 Federal Agencies Hiring Accounting Professionals

                                                          According to the U.S. Department of Labor, the federal government is the country’s largest employer, and job opportunities exist for graduates with master’s degrees in accounting. Accounting professionals serve various governmental agencies and departments, including the Congressional Budget Office, the Department of Homeland Security, the Department of Agriculture, and the FBI. Discover four federal government [...]

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                                                            The Tenets of Financial Reporting

                                                            Financial reporting represents one of the most critical aspects of business administrative functions. This reporting communicates the firm’s financial health and helps the business keep proper records for investors, the IRS, and other organizations. Although the rules and best practices vary depending on the type and structure of the business, find out what’s involved with financial [...]

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                                                              The Growth of Auditing

                                                              In the world of finance, auditing serves a critical role in ensuring data accuracy and maintaining procedural integrity. Over the years, auditing has evolved from a limited basis practice to more widespread adoption. Join us as we review auditing’s history, evolution, and the direction this practice may be headed in the future.   1760-1840 – Industrial [...]

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                                                                The Evolution of Forensic Accounting

                                                                What do false earnings reports, unreported debt, inflated asset reports, embezzlement, mis-stated earnings reports, and Ponzi schemes have in common? U.S. companies have perpetrated these examples of accounting fraud during the last 20 years. To fight these crimes that have cost people and corporations billions of dollars, law enforcement agencies and corporations are relying on [...]

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                                                                  4 Trends in Accounting Marketing

                                                                  Effective marketing is key to the growth of any business. In data-driven sectors such as accounting, it can be challenging to find creative ways to convey a compelling message. The good news, according to Maureen Schwartz, Executive Director of BKR International, is that a savvy marketing campaign doesn’t necessarily require a big budget. Schwartz says [...]

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                                                                    Accounting For Your Future

                                                                    Over the last decade, the global economy has changed dramatically:  corporations have been forced to find ways to reduce expenses and raise revenues while law enforcement agencies have had to increase their attention on financial crimes. At the forefront of these changes are accounting professionals. According to the American Institute of CPAs report, 2015 Trends [...]

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                                                                      3 Successful Companies That Lead With Highly Effective Management Styles

                                                                      What is the recipe for effective management? Is it expertise, a good training program, or something else? The answer depends on who you ask. Jack Ma, the founder and CEO of Alibaba, is applauded for his leadership style. Lifehack, a popular lifestyle website, lists some of the qualities that make Ma such an effective and [...]

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                                                                        What Type of Manager Do You Want to Be?

                                                                        Entrepreneur Vivek Wadhwa said, “A key to achieving success is to assemble a strong and stable management team.” Whether you are new to management or you are looking to hone your leadership skills, you recognize that your actions can play an important role in the performance of the business you work for. There are different styles of [...]

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                                                                          What You Need to Know About Managing Transition

                                                                          The late management consultant Peter Drucker once said, “The greatest danger in times of turbulence is not the turbulence; it is to act with yesterday’s logic.” This quote addresses managing transition and its importance. Whether your business is changing leadership, introducing new processes, or innovating in another vital way, the following four strategies can help your [...]

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                                                                            Effective Management: 4 Keys to Improved Performance

                                                                            Writing for Forbes, business owner and leadership expert Kathy Caprino sites several reasons behind the proliferation of poor management in today’s organizations, including a lack of emotional control and communication skills. If you want to become a more effective manager, focus on the strategies to improve your performance while being aware of the pitfalls. Consider these [...]

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                                                                              Why is Communication So Important to Management Success?

                                                                              A wise person once said, “Skill in the art of communication is crucial to a leader’s success. He can accomplish nothing unless he can communicate effectively.” While no one is certain who said these words first, they’ve been repeated often because they hold such truth. Discover why communication is so crucial to a leader’s success [...]

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                                                                                The Value of Sustainability Reporting

                                                                                Sustainability reporting is on the rise in the corporate world, notes the Governance & Accountability Institute Inc. According to the institute, slightly under 20 percent of S&P 500 companies issued corporate sustainability reports in 2011. Now, in 2015, that number has grown to 75 percent. This rapid growth highlights sustainability reporting and its importance. If you haven’t [...]

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                                                                                  Is Project Management Evolving?

                                                                                  The types of projects that businesses undertake evolve as time passes. For instance, many eventually lean more toward digital products and services than their analog counterparts. According to the Project Management Institute (PMI), programs and projects inspire change, which means the methodologies must evolve along with the results. Understanding how project management evolves can make you [...]

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                                                                                    5 Things You Should Know About Non-Profit Leadership

                                                                                    Whether you have been working in the non-profit sector for years and are striving to obtain a leadership position or you are thinking about making the transition to non-profit, you may wonder what it’s like to lead a non-profit organization. Here are five vital elements of non-profit leadership: Publicity Fundraising Passion Persistence Time Publicity Is [...]

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                                                                                      Leadership in Health Care Administration

                                                                                      Health care administrators face what may be the most difficult challenges in a rapidly evolving marketplace. Those in the C-suite may find themselves facing new advances in technology and changing care delivery paradigms. In addition, shifts in financial organization and the new regulatory and oversight requirements codified in President Barack Obama’s health care law may [...]

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                                                                                        Real Estate Innovation in 2015

                                                                                        Volatility in world financial markets continues to drive uncertainty. CNBC real estate reporter Diana Olick explains that mortgage application volume is up a significant 22 percent over 2014, with increases in both refinance and purchase applications. Purchases of new homes, however, are leading the charge. On the commercial side, TechCrunch contributor Josh Guttman reports that money is [...]

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                                                                                          Marketing and Communications in Health Care

                                                                                          Hospitals and health care systems occupy a distinct place within a community. Not only do they provide health services, but they are also a primary provider of health education and an information and care source when a public or community health crisis occurs. For this reason, marketing and communications functions in a health care setting [...]

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                                                                                            5 Leadership Behaviors to Master

                                                                                            Many executives believe that a happy, engaged workforce is the key to success in business. After all, engaged employees tend to be the people excited about their work and empowered to contribute fully to the success of the organization. To that end, a key role for effective leaders is to create and support a culture of engagement. [...]

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                                                                                              The 5 Important Tenets of Leadership

                                                                                              Leadership takes many forms. When you think about the leaders who have inspired you, you’ll likely come up with a list of people whose leadership styles differ greatly, from Steve Jobs’ quiet tenacity to Richard Branson’s flamboyance. Regardless of style, great leaders share a few key underlying principles in common. Below are five of the most powerful tenets of [...]

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                                                                                                5 Keys to Sound Financial Management

                                                                                                Every organization, in order to remain profitable and in compliance with applicable laws, needs a sound and transparent financial management system. After all, finances are at the core of every enterprise, from purchasing materials and supplies to paying staff, and ultimately, delivering value to stakeholders. If you are responsible for developing a financial management plan, [...]

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                                                                                                  4 Hot Button Sustainability Issues – A Point of View

                                                                                                  Modern businesses may be worrying about much more than their bottom lines. While the dollars and cents still matter, where does being a good corporate citizen sit on the agendas of many large businesses? Consider these four sustainability issues that matter in the contemporary corporate world.   Sustainability Reporting Tools Struggle to Keep Up   [...]

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                                                                                                    3 Examples of Successful Nonprofit Innovation

                                                                                                    More than 1.5 million nonprofit organizations are registered in the U.S., according to the National Center for Charitable Statistics. Millions more operate around the world, and they may all be competing for the donations of altruistic community members and stakeholders. With so much competition, clever innovations, like the three outlined below, can help nonprofits stand [...]

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                                                                                                      Women in Accounting

                                                                                                      Women have not always enjoyed equality in the workplace, and many people would argue women are still fighting for equality in the office. The accounting industry is no exception. The number of female partners and principals in CPA firms moved to an average of 22 percent in 2015 from 17 percent five years ago — [...]

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                                                                                                        How to Advance Your Accounting Career

                                                                                                        As a new accountant, the world is your oyster. You might become the head of an accounting department, a chief financial officer, or the partner in a respected accounting firm. But how do you get there? Put these tips to use as you work to advance your career in the accounting field. Get More Qualifications [...]

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                                                                                                          Big and Small Accounting Firms: Which One Is Right For You?

                                                                                                          Once you’ve chosen your accounting career, deciding where you want to work is the first step in any job search. Within this career field, you can work at any one of thousands of different companies and firms.

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                                                                                                            All About Forensic Accounting

                                                                                                            When you think about forensics, you probably think about crime scene investigators on TV. However, not all crimes are homicides or home invasions. Some crimes don’t even take place in a physical location. As ones and zeroes in a computer, money moves around quickly and sometimes goes where it doesn’t belong.

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                                                                                                              8 Important Accounting Trends in 2015

                                                                                                              The accounting industry tends to shift every year, just ask any CPA. New laws and regulations often change the way accountants do business, while a shifting market helps the industry evolve — and 2015 is no exception. Technology is fueling many of the current accounting trends, but just as important is the difference in how [...]

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                                                                                                                4 Things You Need to Know About Sustainability Accounting

                                                                                                                Sustainability accounting focuses on collating non-financial business information, such as a company’s environmental impact or social responsibility efforts with a business’ financial data. This allows companies to more accurately balance their financial, social, and environmental contributions.

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                                                                                                                  4 Technologies Changing Accounting

                                                                                                                  Firms in the accounting industry deal with many client companies and people. When a new technology is introduced, it can result in some serious changes to the way accounting is approached and handled. The technology itself doesn’t have to be adopted by firms in the accounting industry, but many of the best and most effective [...]

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                                                                                                                    10 Principles of Accounting

                                                                                                                    Accounting may look like simple bookkeeping and tax preparation, but look deeper. Ask any accounting student, and they will tell you there is so much more to it. In fact, there are ten different fundamentals that shape all accounting activity, from tax preparation to corporate tax returns. Here is a look at all ten: Revenue [...]

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                                                                                                                      Global Tax Comparison: Where does the U.S. Stand?

                                                                                                                      Image Source: http://www.smartgivers.org They say the only certain things in life are death and taxes. Many Americans feel taxed to death, especially during income tax season. However, compared to other countries, Americans surprisingly do not pay much more than average. In fact, many other countries have policies in place that require their citizens to pay [...]

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                                                                                                                        The Origins of Accounting

                                                                                                                        For as long as our society has had numbers, we’ve had a need for people who can crunch those numbers and make sense of them. The importance of data in general and financial data in particular has spanned decades and continues to play a significant role today. This continues to be seen with the vast [...]

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