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Students  Glimmers of Hope for Job-Seeking College Grads Half of young college graduates -- about 1.5 million people under age 25 with bachelor's degrees -- are jobless or underemployed, according to an analysis of government data conducted for The Associated Press. But there are glimmers of improvement. Quick Links:  Return to Accounting Homepage Weekly Newsletter Online CPE

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E&Y Marks Fifth Consecutive Year as No. 1 Ideal Employer for Accounting Students For the fifth consecutive year, college students ranked Ernst & Young LLP No. 1 in the accounting profession and No. 4 in the business field on the 2012 US Undergraduate Universum IDEAL Employer Survey, leading the Big Four in these categories. Timeline: Controversy Over Yahoo CEO's Resume Yahoo Inc. confirms that CEO Scott Thompson has only an accounting degree from Stonehill College near Boston, and no degree in computer science. The inaccuracy had appeared on his company bio and in regulatory filings. Yahoo CEO Scott Thompson Stepping Down Yahoo's Scott Thompson is out as CEO of the Sunnyvale Internet company after a furor resulting from a false degree on his company biography. Survey: Fewer Employers Reimbursing Staff for Continuing Education Costs As businesses reinstate some of the employee perks lost during the recession, one doesn't appear to have made a comeback: paying for continuing education. Twenty-six percent of chief financial officers (CFOs) interviewed for a Robert Half Finance & Accounting survey said their companies offer staff full or partial reimbursement for the education units required to maintain professional certifications. Voters Decide Auditor in Reading, PA, Must Be CPA Voters in Reading, PA, overwhelmingly approved a charter change to require that the elected city auditor is a certified public accountant with five years experience in a related field. Bisk Launches New CPA Review E-Books for Kindle The Bisk CPA Review textbook is now available via Amazon Kindle or any mobile device equipped with the free Kindle Reading app. Third Annual Report Released: Benchmarking the Finance Function 2012 IMA Recognizes Top Young Professionals in the Accounting and Finance Profession with Inaugural Award IMA announced the winners of its inaugural Young Professional of the Year Award. Employment Outlook Improves for New College Grads

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