Friday Accounting Grad Bonanza
Posted on May 9th, 2008 by Priya Ramesh »Permalink
It’s been longer than we care to share since, Econ 101, but the steady hand of supply and demand is impressive still today. Seems like only yesterday that we were reading all over about how hard it is to find qualified accounting folk, and how in-demand they are, and voila! Today we read news that this year’s crop of accounting grads, both undergrad and graduate, is the highest in 36 years.
Speaking of supply and demand, low demand for the US Dollar — and higher demand for just about anything but the dollar (or the Zimbabwean Dollar — yikes), is impacting companies with large global operations (and clients who pay in Euros, Yen and the like). Financial Week warns, though, that gains may be fleeting as the dollar gains strength.
Elsewhere from Financial Week — check this out — an examination of how risk experts are working to account for human behavior in developing risk management policies. We’ll be interested to see where this discussion goes. We’ve talked before about the impossibility of legislating behavior, but planning for it might be something else entirely.
Finally, any NY-area readers might want to mark your calendars — it seems the S&P is holding a fair value accounting forum next Thursday, featuring FASB chairman Bob Herz and S&P’s chief accountant, among others.
Nothing like getting guidance straight from the experts, is there?
Tags: FASB, fair value, accounting industry, GRC, risk management