Chartered Global Management Accountant (CGMA)

Chartered Global Management Accountant (CGMA)Chartered Global Management Accountant (CGMA)The Chartered Global Management Accountant designation is a recent joint offering of the American Institute of Certified Public Accountants (AICPA) and the Chartered Institute of Management Accountants (CIMA). Launched in January 2012, the CGMA is supposed to indicate expertise in the areas of management accounting and management reporting, which apply accounting expertise to activities such as Performance measurementManagement decision supportCorporate strategyIdentifying business opportunitiesMaking investment decisionsRisk managementAsset protection Management accounting involves the collection, maintenance, analysis and application of both financial and non-financial data and metrics. The abverkauf Pitch In an inaugural press release, the AICPA offered five reasons why a CPA should consider adding a CGMA designation. According to a survey by the AICPA and the CIMA, 80% of CEOs would pref er a job candidate with a CGMA designation to one without it. Additionally, 75% replied that they would like existing financial personnel to obtain a CGMA.Because management accountants have a broad skill set and are trained to use measures of performance beyond purely financial ones, they can add unique value in organizations decision-making processes.CGMAs have above-average agility and adaptability, key qualities in rapidly changing business environments. As a global designation, CGMAs have the mobility to move to other departments within a company and around the world.The CGMA creates a path to so-called C-Suite positionsbecause holders have the skills to participate in critical business decisions. Critiques of the Sales Pitch The AICPAs sales pitch for the CGMA is subject to a number of critiques. Here are some, keyed to the reasons listed above. CEOs are far removed from the hiring decisions that will affect the vast majority of CGMAs. Also, few have accounting credentials or expertise in the fieldand are unlikely even to have heard of the CGMA before being surveyed. As a result, the value of this survey is highly questionable.Just because a given functional area is important, it does not necessarily follow that a new credential related to it is either necessary or valuable in itself. Moreover, it has yet to be proven that holders of a CGMA are any mora skilled, on average than experienced management accountants without one. Again, the CGMA is too new for anyone to judge whether its holders are any better, on average than other people in the field without it.Once more, given that the CGMA is new and largely unknown, it has no track record in promoting mobility.Given the newness of the CGMA, this is yet another unsubstantiated prediction not supported by fact. Furthermore, it should be noted that neither a CPA nor an extensive background in accounting typically is necessary to enter the fields of management accounting or management reporting. Rather, as i s true of many business and financial disciplines, on the job training is often the key to building expertise in these areas. Qualifications In order to receive the CGMA designation, one must first be either a voting member in good standing of the AICPA (that is, a CPA) or a member of the CIMA. Additionally, one must have at least three years experience in management accounting. For a CPA, this means meeting one of these four sets of minimum requirements Three years of experience in financial accounting, internal audit or management accounting, either in business or in governmentTwo years of experience in financial accounting, internal audit or management accounting, plus one year in public accountingThree years of financial or management accounting experience on a consulting basisThree years in the internal management accounting function of an accounting firm Starting in January 2015, an examination began being administered to applicants for the CGMA. Someone who is not a CPA b ut who obtains the CGMA may not present himself or herself as a CPA, which must be earned separately. Cost Being designated as a CGMA is free for members of the CIMA. For members of the AICPA, becoming a CGMA costs $150 per year. For members of both the AICPA and a state CPA society member, the fee is $100 per year.

Career Overview of a Racetrack Outrider

Career Overview of a Racetrack OutriderCareer Overview of a Racetrack OutriderRacetrack outriders are responsible for maintaining a safe environment at the track during morning workouts and live racing. Duties An outrider is responsible for ensuring the safety of all horse racing participants (both human and equine) during training and live racing. Outriders generally use their own personal horses to carry out their duties, and many have multiple mounts available to use throughout the day. Outriders are responsible for opening and closing the track each day, and clearing equine traffic when necessary so that harrowing and maintenance can be performed at designated intervals. They catch loose horses on the track as quickly as possible, minimizing the chance of an injury or the need for a late scratch, and bring them to the on-track veterinarian for evaluation. They also help riders who are having trouble with difficult horses, particularly when a horse tries to run away with its r ider. On race days, an outrider leads the post parade and escorts the winning horse and jockey back to the winners circle. Outriders are also tasked with enforcing the rules of the track and documenting violations, injuries, or cases of individuals engaging in unsafe riding. They are required to report these incidents back to the racing stewards. They also must make sure that all required safety equipment is in use (i.e., helmets and vests) by riders at all times. Outriders anticipate fhigkeit problems, communicate with each other and racing officials via radio, summon the ambulance for fallen riders, and assist with loading injured horses into the equine ambulance. The exact number of outriders can vary from one track to the next, but fruchtwein facilities have at least two outriders on hand during morning workouts, and three or more on duty during live racing. Training centers also may have one or more outriders present during training hours. One will act as the lead outrider and coordinate with the assistants. The team of outriders makes sure that they are strategically placed to provide coverage throughout the track, with at least one outrider taking a position behind the starting gate and one in front of it to ensure a fast response to any incidents. Outriders regularly interact with exercise riders, jockeys, trainers, stewards, and other racing personnel. They also interact with children and fans on the rail, posing for photos and letting them pet their horses while waiting for the action to begin. Outriders work outdoors in widely varying temperatures and changing weather conditions. They commonly work 5 to 6 days per week, and these hours may include weekends, evenings, early mornings, and holidays. Career Options Outrider positions are most frequently found at Thoroughbred racetracks and training centers, but opportunities may also be found working at tracks that cater to other racing breeds such as Quarter Horses and Arabians. Outriders may tran sition to a wide variety of roles in the racing industry such as exercise rider, trainer, foreman, bloodstock agent, and many other positions (both mounted and non-mounted). Education While no formal degree or occupational training is necessary to become an outrider, tracks often require candidates to be at least 18 years of age and in possession of a high school diploma or equivalent GED. They must also be licensed to perform the duties of an outrider by the state racing commission. Licensing generally involves being fingerprinted and paying a licensing fee, which ranges from as little as $15 in Ohio to $100 in Kentucky. Most successful applicants for outrider positions have extensive experience working with horses, especially in the racetrack environment. They commonly start out as hot walkers, exercise riders, or pony-to-post riders before advancing to the outrider team. It is critical that outriders have expert riding skills and an excellent working relationship with the hor se that they are riding while completing their duties. A strong knowledge of equine behavior is also necessary, as this allows an outrider to anticipate problems before they occur or to predict what a loose horse will do while attempting to evade capture. Salary Compensation for outriders can vary widely based on the individuals level of responsibility, years of experience, and the geographic location in which the position is located. Outriders are usually paid on a salary basis by the track. Job Outlook Due to the relatively static number of tracks and racehorses competing in the United States, there will not be much of an increase in demand for outriders over the next decade. Some turnover can be expected, however, as current outriders retire or seek other roles in the racetrack hierarchy.

The Phone Interview Cheat Sheet

The Phone Interview Cheat SheetThe Phone Interview Cheat Sheet In some ways, phone bewerbungsinterviews can be more stressful than in-person interviews - after all, you only get one shot to make a first impression. But phone interviews do have one major advantage over in-person interviews The recruiter cant see you, so theyll be none the wiser if you need a little help from a cheat sheet.If you ever had a teacher or professor who let you bring an index card filled with notes to your final exam, the principles much the same. Just write down a few talking pointsand anecdotes that will help jog your memory when faced with a tricky question.To get you started, we came up with a cheat sheet with fields for all of the information youll need on hand to ace your next phone interview. Download it now , and read on for a breakdown of how to use itIn this portion, youll fill out the fruchtwein relevant high-level company information their mission, the products and services t hey offer, the name of the CEO, notes on the culture and any recent news or updates on the company, such as an acquisition or the launch of a new product offering. You might be wondering Why is this so important to know?Well, for one, each of these questions is completely fair game for an interviewer to ask. Interviewers often want to make sure that candidates care enough about an opportunity at a company to do some research on it, so if you cant name the CEO or the products a company offers, you might just be disqualified. But for another, this will also help you craft intelligent questions to ask your interviewer - more on that laterIn this section, youll jot down relevant information about yourself, including a brief elevator pitch , your relevant experience, strengths, weaknesses and why you are interested in this particular role/company. In a phone interview, recruiters are just getting to know you, so this high-level information will almost certainly be the fundament for s everal of their questions. With a quick glance down at this section, youll be able to handle nearly any introductory question a recruiter throws your wayAt some point or another, interviewers almost always give you an opportunity to ask them a few questions. This might make you nervous, but dont worry - its not a trick In fact, its a gift. Not only does this give you the opportunity to understand the company and the position on a deeper level, but you can also use your research on the company to help you ask intelligent questions that show off what an informed candidate you are.Asking a question like How does your mission of X manifest itself on a daily basis? or How does your newly-launched mobile app fit into your five-year business plan? will prove that youre invested in the opportunity and a critical thinker who does their homework.Between the previous three sections, you should be ready to answer most of the questions that come your way - but theres one tricky subset of inte rview questions you should still prepare for behavioral interview questions . Behavioral interview questions ask you to share stories from your work experience, such as Tell me about a time you made a mistake, or Tell me about a time you went above and beyond the requirements of a project.Behavioral questions are among the most difficult to answer on the spot, since they require you to rack your brain to think of a relevant example. Luckily, all you need to do to eliminate that awkward silence is list out a few anecdotes you can share in advance. Pro tip Write in bullet points, not full sentences - you dont want to sound too rehearsed and roboticThe next time you have a phone interview, dont be intimidated - all it takes is a little preparation beforehand. With your filled-out cheat sheet by your side, youll have nothing to worry about and everything to look forward to

Managers spend 26% of their time coaching bad employees

Managers spend 26% of their time coaching bad employeesManagers spend 26% of their time coaching bad employeesIt can be difficult to work with a lazy employee, but new data shows just how much time managers have to spend cleaning up their messes.Research from global staffing firm Robert Half shows that managers spend more than 10 hours coaching underperforming employees during the workweek. Thats an average of 26% of geschftliches miteinander hours and a whole lot of time.An independent research firm surveyed more than 2,200 CFOs working at a stratified random sample of companies in more than 20 of the largest U.S. metropolitan areas. Robert Half came up with the survey.The impact of a bad hire on a teamWhile you should always try to hire the applicant best suited for your team, hiring average workers isnt great for business either.But back to bad hires CFOs weighed in on the consequences of a bringing one on board, with 47% thinking that a poor hiring decision is something that some what impacts the teams morale, according to the infographic. While 44% said they think it greatly influences it, a slim 9% didnt think it made a difference.So, before it gets to that point, here are four red flagshiring managers should look out for during the interview process.Paul McDonald, senior executive director for Robert Half,commented on the research in a statement.A bad hire is tremendously expensive for a company. The time and money managers spend on recruitment and training is lost, and they also have to fix underperformers mistakes and deal with their effects on staff morale and productivity, he said. A bad hire signals that your hiring process may be flawed. It could be that you are not putting sufficient weight on soft skills or are overemphasizing qualities that arent crucial to the role.

These are the 3 habits you need to learn anything

These are the 3 habits you need to learn anythingThese are the 3 habits you need to learn anythingHabits are learned through rewarded practice. Some habits are completely unconscious, for example checking yur phone when you experience a moment of boredom. You may not have realized how much this has become a habit in your life (as it has in mine), simply because our phones are very good at negating that feeling of boredom (negative reinforcement reward).Some habits are acquired through deliberate practice. For example, if you play a sport or a musical instrument, you probably have created a warm-up routine to get ready to perform. When you perform well after your warm-up, you feel good (positive reinforcement reward).My recommendation for optimizing your learning habits is to follow what I call the3 AcesAwarenessBecome aware of the habits youve built up around learning (both the deliberate and the unconscious). Some of these might include studying using notecards (deliberate), reactin g emotionally to feedback (unconscious), maintaining a todo list (deliberate), ignoring certain items on it (unconscious). There are many deliberate and unconscious habits we form over time. Several of them come from the educational system we were born into, our families and friends, or our challenges and triumphs and the stories we tell ourselves about them. Get curious about these habits and make a list of the ones youre already using. Label each habit you practice as deliberate or unconscious.AccessOnce you have a list of your current habits, you want to access them in a way that allows you to build in more opportunities for deliberate practice, feedback collection, and self-reflection. Every learning habit can be made more powerful by introducing or increasing the amount of practice, feedback, and reflection. How can you access your habits? Lets use an example from the above. Lets say youre looking at your phone for the 30th time today.ReflectionWhy did you start looking at it? Were you looking to learn some piece of information or were you simply bored?FeedbackLets say you were just bored or anxious, turning that moment of boredom or anxiety into a moment of curiosity would create an opportunity for you to learn something.PracticeEach time you look at your phone and realize it was out of boredom or anxiety, recall the things youre curious about and learn something new about one of them. This will turn an unconscious habit into a deliberate learning practice. You can do something similar with many of your unconscious habits. As for the deliberate ones you picked up in school or at work, think about how much feedback you collect while performing these habits, or how much reflection you do throughout, or how much access to practice opportunities these habits actually give you. If you can increase the amount of any or all of these in your current habits, they will improve your access to learning throughout your daily life.AccountabilityLearning something new often feels like going to the gym or working muscles you havent worked in a long time. Your brain has to deal with a lot of chaos when youre learning something new. Without getting into the nitty gritty of the cognitive science of brain mechanics, lets just say that when you expose your mind to new information or concepts, your brain goes into overdrive trying to connect these new ideas to thoughts youve had before. The result can be a lot of chaotic synaptic firing and this, like the twitching of your muscle fibers during exercise, requires energy and feels to you like work. Sometimes that work can feel like stress or strain, and often times its easy to get distracted by things that dont or turn away from the work. Ive tried four times in my life to learn to play piano. Ive failed each time because at some point, it got too strenuous and I decided to go learn something else that I believed would give me greater reward (like the financial reward of acquiring work-related skills or t he runners high of exercise). The next time I learn to play the piano, Im going to set up a habit of accountability in my practice. I will hire a piano instructor (seek mentorship), I will learn and practice with a friend (create a community of practice), I will schedule my practice sessions and record the times I make it and the times I miss (track time spent). But most of all, I will build in the fun and joy of improvisation (create and manage rewards), because without that, I would likely give up my dream of one day playing in a jazz band (personalize the goal).In short, you already have many of the habits you need to successfully learn every day of your life. All you need to do is start becoming aware of them, accessing additional feedback, reflection, and practice opportunities, and holding yourself accountable for the brain training you want to do. Improving your learning habits each and every day is a very learnable and rewarding habit in and of itself. Good luck, and always remember to have funFor more research and insights into deliberate practice take a look at Peak. And for more research and insights into the value of feedback and reflection take a look at How Learning Works. Finally, for more research and insights into the communities of practice take a look at Situated Learning .Adam Lupu is vice president of Learning at Adela. This article first appeared at Quora.

Lies Youve Been Told About Personal Interests on Resume

Lies Youve Been Told About Personal Interests on Resume Your own personal interest is in reading and youre asking for work at a library. Just remember that as a rule of thumb, personal blogs ought to be avoided if theres any content thats not appropriate to share professionally. For instance, to demonstrate that youre detail-oriented, prove it using a hobby that demands attention to detail. For instance, you might list international travel for a hobby if its something which you do regularly. Possessing an idea about what interests are helpful to put on a resume can make certain you make a great impression. Your interests help them know that youre exactly the type of person they are interested in. One other important concept to remember is that you have total control over what is included in your resume. Instead of spending an excessive amount of time worrying about what you dont have to offer, focus your attention on what it is possible to bring to an employer. Companies across all industries are always searching for creative problem solvers Picking a related hobby reinforces the simple fact that Jack has the skills essential for the job. If youve forged a career in a specific industry or whether youre keen to enter a specific industry for the very first time its likely you already have hobbies pertinent to the vacancy in question. Things to Avoid While you need your resume to be noticed, you would like it to be for good explanations. It is perfect to keep your resume to a single page, so include just a few strong examples of hobbies and interests that complement the remainder of your resume. Obviously, there are hundreds and hundreds of examples of hobbies which you could put on your resume. Interests are somewhat mora vague, while hobbies are somewhat more specific. Know a list of hobbies for a resume isnt mandatory. Therefore, its best that you abflug by making a list of hobbies on resume you will list. The Number One Question You Must A sk for Personal Interests on Resume If you have a specific language ability which may be relevant to an employer, you may include an abilities or languages section with that info. People today struggle with resumes for several explanations. Personal Interests on Resume Volunteer experience also needs to be listed. Its much better to volunteer for something which you like and list it as volunteer experience. To begin with, you must realize that every side will most likely have several interests its hoping to satisfy. Showing some interests and activities outside your work experience could really provide you with a leg up over the remaining part of the candidates. What Personal Interests on Resume Is - and What it Is Not Even if your prior work experience has not been in the sphere of healthcare, it still ought to be listed to demonstrate the reader that youre capable of working in a responsible method. 1 way is to showcase any distinctive certifications that youve earned t o become qualified to work in the area. As an example, you might be asking for work in a dynamic, collaborative work atmosphere. Woodworking Youre confident and you own a vision. Listing your hobbies plays a part in demonstrating how youre relate to the providers culture. Controversial or potentially illegal pursuits and interest also needs to be excluded. Another advantage of including personal interests is it adds an additional dimension to interviews. When you take continuing education, that could be used also. You could find that the employer values employee hobbies and interests outside work. Obviously your abilities and experience are an important factor, but if youve got a well written and formatted resume, quite frequently an employer is going to be intrigued and might interview you anyway. Rather than focusing on your deficiency of actual jobs, you are going to want to draw the employers attention to your abilities and abilities. In case the employer is interest ed to learn more about that avocation, you might be requested to elaborate during an interview. There are frequently many interests behind any 1 position. Whats at stake some might ask. Maybe you have held a closely related position for many decades. If youre asking for an assistant manager position at your present employer, for instance, then it can be quite helpful to be aware that youve been the lead docent at the neighborhood art museum for the past calendar year. You should create a list of each sides interests since they become apparent. This expert suggestions for including extracurricular interests on your resume can help you get the most out of a hobby section to optimize your resume for the business and role you are looking for. Make sure to create your interests specific or interesting so they can be points of conversation. There are some different points to consider about identifying interests.

Video and its Impact on the Candidate Experience - Spark Hire

Video and its Impact on the Candidate Experience - Spark HireThe candidate experience is something that many companies and staffing firms have recently started paying attention to. After all, with social media, its so easy for someone to quickly give your company a bad name if they did not have a pleasant experience when bewerbungsgesprching or applying for a job with your company.If you seriously want to consider ways to improve the candidate experiencewith your business, you must consider integrating video within your application and interview process. Video will allow candidates the opportunity to individualize and it will also allow candidates to better understand your companys culture early on in the consideration process.Video ResumesGone are the days of standardized, boring resumes printed out on thick, professional, cream-colored and textured paper. Todays candidates want to express their individuality through their resume and show off their skill sets in a different way.If y our company is not accepting video resumes, this is the first thing you must change in order to improve the candidate experiencewith your company. Not only will a video resume allow you to quickly understand the candidates qualifications, but it will also allow you to better understand each candidates personality and energy, also ensuring cultural fit.One-Way Video InterviewsIf you really want to impress your candidates with how technically savvy your company is, you should definitely be using one-way video interviews in your initial screening process By requesting a candidate to complete a one-way video interview, you are allowing the candidate to take time to think about the questions, responding the way the candidate desires.From my experience, it welches very exciting completing a one-way video interview. I was able to express my carefully thought out ideas in each answer, and watch the recording before I decided to submit my response. The best part of it is that I was able to c omplete the interview on my schedule, rather than having to schedule a break from the office in order to take a phone call.This interview screen is not only simpler and more fun for the candidate, but it also simplifies your life quite a bit. No more constant dialing candidates and leaving voicemail after voicemail, trying to schedule a time to speakLive Video InterviewsMany companies have already jumped on the bandwagon and added live video interviewing into their interview process. However, most of these companies are utilizing free internet services such as Skype, or Facetime. While each of these services is great, one thing they are missing is the ability to replay the interview.Just imagine having the ability to replay an entire interview At Spark Hire, we make this possible with our Live Video Interview tool. Goodbye pesky notepad and pen no longer will you distract us from important observations during an interview After an interview, if you wonder how a candidate responded to a question or their facial expression when you discussed certain job expectations, you can simply replay the video interview.When it comes to the candidate experience, live video interviews are a must By conducting a live video interview, you are allowing the candidate the ability to see a piece of your companys culture and attitude. Things that a candidate will not be able to see over the phone will be able to be expressed in a video interview. Candidates will be impressed that you are allowing them to see this side of your company early on in the interview process.Video is having a huge impact on the candidate experience. You really dont want to miss out on this incredible resource.What are some other ways that video resumes or interviews might make an impact on your companys candidate experience? Please share your thoughts below.renommee AndreyPopov/BigStock.com