If you're not familiar with CA firms, you may be a little surprised to know that there's such a thing as "recruiting season." Employers will come around university and college campuses during set times of the year - both in Canada and the US - to interview potential employees en masse . The phenomenon of ‘campus visits’ is especially pronounced in the US where there’s a plethora of colleges to visit - smaller campuses often miss out on visits from the Big Four and students who want to get noticed with an in-person interview end up having to travel to a campus visit taking place at another larger school. A reader asks what to do if you had the misfortune to miss out on recruiting season - or were simply unsuccessful in the hunt for a position . Above: Non-big-four recruiting poster in Buffalo's airport. Photo credit: Krupo (as usual) I'm grouping both scenarios together because the methods of dealing with either scenario are ultimately the same. Figure out what...
Two links to share today. First, some more of my writing at a place other than www.krupo.ca - I was invited by Nancy Zimmerman to write a guest post on taxes and was happy to share some tips. Go here to check it out . Another interesting article is this essay from the CEO of Stardock on piracy . One of his most clever points is a stark admonishment of the pirates running amok in China and other countries where intellectual property laws are a complete failure. A quote: We also don't make games targeting the Chinese market When you make a game for a target market, you have to look at how many people will actually buy your game combined with how much it will cost to make a game for that target market. What good is a large number of users if they're not going to buy your game? And what good is a market where the minimal commitment to make a game for it is $10 million if the target audience isn't likely to pay for the game? If the target demographic for your game is full of pirates...
There's a relatively new site commenting on accounting for accountants, students and the like, The Accounting Onion . It took me a moment to realize there's no relation to The Onion , America's Finest News Source, but it looks just as interesting, and perhaps more useful to CAs, CPAs, and allied folk. The same lack of time that has caused my postings to nosedive will keep me from going through all the entries there, but this one caught my eye - it's about PCAOB inspections . Basically, all audit firms in the US are subject to inspection, but it's the big 4 that take care of 99% of the revenue being churned through the US economy. So spending more than 1% of your time auditing companies that represent 1% of US corporate revenue - to simply things - is, according to Tom Selling, a misallocation of resources. It would, of course, make more sense to more efficiently focus on areas where you're going to have the biggest hurt - larger companies. Then again, if a large...