cleveland accounting show 2013 @ the i-x center …quickbooks—acct2520 will be offered in the...

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In this issue: Vita Tax Training & Volunteer Opportunity 2 Job Market and Outlook 2 Role of Taxation in shaping societies 2 Professional Associations 2 Network and learn more about the Ohio Society of CPA’s. Attend complimentary seminars related to technical knowledge in the profession. Ask your accounting professor for more information. But don’t delay. The event is October 30th, at the Cleveland IX center. Cuyahoga Community College—Accounting Department The General Journal Fall 2013 Volume 2, Issue 1 Yuriy Kononets - Tri-C Managerial Accounting Student, Fall 2013 wins CMA Program scholarship award. Recipients of the scholarship receive a benefits package enabling them to study for and take the CMA exam at no cost. Congratulations Yuriy! Cleveland Accounting Show 2013 @ the I-X Center Suggested sessions: Price Waterhouse—Income Tax as a Springboard to Per- sonal Financial Planning ; Parker Hannifan’s Integrity is a Growth Market; Quickbooks sessions all day long; Ethics –Fundamentals of Ohio’s Law In this issue: Accounting Home Page & Faculty Spotlight 3 Accounting Tutors 3 Valuable Internship Opportunities 4 Curriculum changes to Accounting Degree 4

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Page 1: Cleveland Accounting Show 2013 @ the I-X Center …QuickBooks—ACCT2520 will be offered in the Summer as an Accounting elective to pro-vide in-depth hands on experience specifically

In this issue:

Vita Tax Training & Volunteer

Opportunity

2

Job Market and Outlook 2

Role of Taxation in shaping

societies

2

Professional Associations 2

Network and learn more about

the Ohio Society of CPA’s.

Attend complimentary seminars

related to technical knowledge in

the profession. Ask your

accounting professor for more

information. But don’t delay.

The event is October 30th, at the

Cleveland IX center.

L e a d S t o r y H e a d l i n e

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om

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y C

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ep

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F a l l 2 0 1 3 V o l u m e 2 , I s s u e 1

Yuriy Kononets - Tri-C

Managerial Accounting Student,

Fall 2013 wins CMA Program

scholarship award. Recipients of

the scholarship receive a benefits

package enabling them to study

for and take the CMA exam at

no cost. Congratulations Yuriy!

Cleveland Accounting Show 2013 @ the I-X Center

Suggested sessions: Price Waterhouse—Income Tax as a Springboard to Per-

sonal Financial Planning ; Parker Hannifan’s Integrity is a Growth Market;

Quickbooks sessions all day long; Ethics –Fundamentals of Ohio’s Law

In this issue:

Accounting Home Page &

Faculty Spotlight

3

Accounting Tutors 3

Valuable Internship

Opportunities

4

Curriculum changes to

Accounting Degree

4

Page 2: Cleveland Accounting Show 2013 @ the I-X Center …QuickBooks—ACCT2520 will be offered in the Summer as an Accounting elective to pro-vide in-depth hands on experience specifically

The Largely Unknown Role of Taxation in Shaping Societies

Accountants spend much of their careers dealing with taxes. Tax

collectors were the first accountants in history, and tax records da-

ting back almost 6,000 years have provided much of our knowledge

of ancient societies! Ancient Egypt’s climate allowed many of those

records to survive for millennia. According to what scholars have discovered, Egyptians

were taxed on virtually everything: sales, imports, exports, slaves, foreigners, businesses

and agricultural production. The Egyptians went so far as to tax farmers on what should

grow on their fields. That’s where Geometry comes into play. In Greek, geometry

means “earth measure”. Geometry arose due to the need to

measure the earth (or area) of each farm. So taxation gave rise to a

whole field of mathematics to allow taxes to be levied against an-

cient farmers! ——

Excerpt contributed by Asst. Prof Douglas Gunnerson

Volunteer Income Tax Training—Classes at Metro begin

Thursday, 10/24 and at West on Saturday, 11/2. Use your talent and learn or refresh

your tax knowledge and help our community e-File their 2013 federal and state tax re-

turns this coming Spring. Register for CRN or 87872 . Last year marked the 11th year

Tri-C trained and provided student volunteers to provide free tax services to the commu-

nity. East, West and Metro Campuses along with our Corporate College Westlake loca-

tion processed over 1,000 tax returns. The opportunity to volunteer is a worthwhile expe-

rience and with 30 hours of service time, your volunteer time is reflected on your college

transcript as well.

The Job Market :

The role of accounting and finance professionals continues to expand

into a decision making and business-partnering role.1 These profession-

als are being asked to “analyze data and provide strategic recommendations from identify-

ing ways to manage costs and grow profits to assisting with human resources and opera-

tions decisions” 2 according to a recent survey by Robert Half & Associates, 2014. The

CPA designation is employers’ most sought after credential. Positions such as Staff Ac-

countant, Financial Analyst, Controller, Internal Auditor and Senior Accountants still run

strong in North Central Ohio.

Top four applied skill gaps as identified by Robert Half include critical thinking/problem

solving; professionalism/work ethic; written communications and leadership.

Want ideas on what jobs to target? Find the Robert Half Salary guide on the web or on Tri

-C’s home page.

1 Salaries, Demand on the Rise for U.S, Accounting Professional, Neil Amato, Journal

of Accountancy, Oct 11, 2013.

2 2 Robert Half 2014 Salary Guide

Tax Time is just around the corner …..

Professional Accounting

Associations:

American Institute of CPAs

(AICPA)

American Woman’s Society of

CPAs (ASWCPA)

American Accounting Association

(AAA)

American Payroll Association

(APA)

American Institute of Professional

Bookkeepers (AIPB)

Association of Certified Fraud

Examiners (Acfe)

Association of Government Ac-

countants (AGA)

Institute of Internal Auditors (IAA)

Institute of Management Account-

ants (IMA)

National Association of Black Ac-

countants (NABA)

National Association of Tax Profes-

sionals (NATP)

National Society of Accountants

(NSA)

Ohio Society of CPAs (OSCPA)

The American College of Financial

Services (ChFC)

The College for Financial Planning

(CFP)

The Institute of Internal Auditors

(IIA)

Wadzi Hoert

Recruiter

216-987-

3565

Page 3: Cleveland Accounting Show 2013 @ the I-X Center …QuickBooks—ACCT2520 will be offered in the Summer as an Accounting elective to pro-vide in-depth hands on experience specifically

N e w C u r r i c u l u m – f a l l 2 0 1 3

Our “NEW” Accounting

Home page was developed

by Professor Primuth for you

to find out more about

Accounting — Our program

and career opportunities.

Links provide easy access to

information you need to

guide you on your way to

graduation, transfer or

continuing professional

education .

Our instructors are listed

and available to assist.

F a C u l t y s p o t l i g h t

Associate Professor-Western Campus-Tenured 2011

Education: JCU/CSU (Acct & Fin); CWRU/KSU (MBA & MSA)

Professional Certifications: CPA, CITP, CGMA, CIA

Prior teaching experience: KSU, CSU, BSC, PJV

Recent: CGMA, Mandel Graduate, ACCT/FIN Webmaster, Pursuing

Doctoral Degree, Committees: College-wide/Campus/Departmental,

Rewrites: Accounting Program & Co-op, Partnerships: GLEIM & Frank-

lin, Task Forces, Non-profit Finance Committee, Consultant

Quotable: “Network-Network-Network” — Always Remember—->

“WHO you know will open the door,

WHAT you know will keep you there.”

Keeping with our college theme: YOU MAY BE CLOSER TO GRADUATION than

you think, we updated our Accounting Degree program to provide more flexibility

while maintaining the rigor of a strong professional program. Take a look at the Pro-

gram Sequence link at the top of the Accounting Home page. (Continued on page 4)

Focus: We recognize and appreciate our wonderful tutors

Accounting Tutors at Tri-C :

Kathleen Thompson , Sorina Fekete, Allen Fong, Mary Grimes, Stanley Sample, Sheldon Brodsky

SmarThinking.com — an alternative to face-to-face tutoring — free to Tri-C students

Eastern Campus

Dr. Lawrence Roman

Asst Prof Douglas Gunnerson

Asst Prof John Malone

Metropolitan Campus

Prof John Bongorno

Asst Prof Veronica Czekaj

Western Campus

Prof Marguerite Nagy

Assoc Prof Eric Primuth

Asst Prof Linda Muren

Asst Prof John Capka

Adjunct faculty

Tanya Adams

Larry Broers

Claressa Collins

Michael Delzceg

Renee Eiland

Michael Fegan

Allan Fried

Dr. Craig Foltin

Dennis Gaukin

Dr. Lorraine Hartley

Martin Jacob

Jason Januszewski

Sidney Kaplan

Lee Kareem

Marianne Kerr

Robert Kurilich

Alan Larris

Nicholas Mazzone

Joanne Mohline

Walter Moss

Marybeth Murphy

Mark Novak

Mirella Qirjazi

Nikki Topoly

Page 4: Cleveland Accounting Show 2013 @ the I-X Center …QuickBooks—ACCT2520 will be offered in the Summer as an Accounting elective to pro-vide in-depth hands on experience specifically

Changes in the Accounting Curriculum:

Accounting 1321, computer applications in accounting will no longer be offered. The tech-

nology aspects of this course are integrated into the new Accounting Capstone course ACCT

2995.

Auditing, offered last Spring as a special topics course, has a new, permanent course number.

ACCT2510. This course is recommended for post-graduate students or students seeking to

sit for the CPA exam or to satisfy an accounting elective requirement. This course satisfies

the Accountancy Board of Ohio requirement for an Auditing course.

VITA tax training course has also adopted a permanent course number. ACCT 2050 is

offered each Fall as a training resource for students and community who wish to learn the

basics about federal and state taxes . This course focuses on the requirements needed to pass

the IRS examination to become a Tax volunteer at a VITA clinic. Volunteer at Tri-C or in

your own community. Though Individual Taxation (ACCT1041) is suggested , it is not a

required prerequisite for this course.

QuickBooks—ACCT2520 will be offered in the Summer as an Accounting elective to pro-

vide in-depth hands on experience specifically with Quickbooks Accounting software. Con-

sider becoming a certified Quickbooks professional after passing the certification exam. (The

certification exam is not integrated into this course.)

New Accounting CAPSTONE—ACCT 2995*—Accounting Technology integrates computer

applications (including accounting small business software and intensive spreadsheet applica-

tions) into case analyses in various business scenarios. Individual and group projects and

presentations are key components of this course.

**If your college catalog year indicates you need to take ACCT2990 as a capstone course, you

will be required to take ACCT2995 as your capstone course if you have not completed the

ACCT1321 course. If you completed ACCT1321 with a C or better grade, you can substitute

BADM2501 for the ACCT2990 capstone.

College Central Visit: www.CollegeCentral.com/tri-c

VIP – Valuable Internship Possibilities

Students who qualify would be eligible for a $500 Scholarship for completing a paid internship or co-op in a required industry. Must be currently enrolled at Tri-C and meets the requirements listed below. For Co-op:

Business, Engineering, IT, Restaurant/Hospitality Management, Creative Arts major Have a GPA of 2.75 or better Completed 12 hours of coursework Two classes in your major Completion of an approved resume and required workshops Must complete at least 180 hours of work experience (180 hrs. = 1 credit)

Internship:

Any major (excluding health care) Have a GPA of 2.0 or better Completed 12 hours of coursework Completion of approved resume and workshops Must complete at least 100 hours of work experience Co-op/Internship Company must be in one of the following industries: Advanced Manufac-turing, Financial Services, Information Technology, Energy, Polymer & Chemicals

Career Services Specialists

Eastern Campus: Tina Romano-Allen Metro Campus: Lynn Leon Maria Brathwaite Western Campus: Maria Selos Dennis Joyce Westshore: Lynn Leon

Stop in to your Campus Career

Center to find out more.

Ohio Accounting

Firms:

Deloitte & Touche—

www.deloitte.com

PricewaterhouseCoopers

–www.pwc.com

Ernst & Young

-www.ey.com

KPMG

-www.us.kpmg.com

Grant Thornton

www.grantthornton.com

Crowe Horwath

www.crowehorwath.com

Plante Moran

-www.plantemoran.com

Mayer Hoffman McCann

-www.mhm-pc.com

SS&G

-www.ssandg.com

Cohen & Company

-www.cohencpa.com