Accounting@Berkeley June, 2016 Newsletter

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June 2016

Resources

Ways to reduce the gender gap pay
Submitted by CalCPA

Preparing for the new world of tax transparency
Submitted by Grant Thornton

How US country-by-country reporting came to be
The OECD has called for country-by-country reporting. The US rules should go in effect for tax years beginning in 2017.
Submitted by Grant Thornton

BDO recognized with When Work Works Award for 8th straight year
Submitted by BDO

BDO USA, LLP Announces expansion into Utah through addition of Mantyla McReynolds, LLC.
Submitted by BDO

PwC Aspire to lead - keep the conversation going!
The highlight reel from PwC's latest Aspire to lead webcast is available! Check out the best moments from the global broadcast featuring eye-opening highlights on how diverse teams are more successful from:

PwC's Global Talent Leader Mike Fenlon
Award-winning Actor Geena Davis
CEO of the Academy of Motion Picture Arts and Science, Dawn Hudson
Oscar nominated Director Jennifer Yuh Nelson
PwC Advisory Senior Associate Peter Yobo

Submitted by PwC

Announcements

BCPA Program
CFRM is proud to announce that both the Introductory and Advanced BCPA Programs will be offered in the summer of 2017. Click here to learn more about the program and how it can help you obtain the accounting units needed to sit for the CPA exam.

Ethics in Accounting
As of January, 2017, students will be required to have taken Ethics in Accounting (UGBA 127) in order to obtain your CPA licensure. The Haas School of Business will offer this course in the Fall of 2016, taught by Professor Tiffany Rasmussen. Please note that Ethics in Accounting is not slated to be offered again until Fall of 2017, except through the BCPA program (Summer, 2017).

Featured Profile
Mark McComb
Bus. Admin, UC Berkeley

Partner - KPMG LLP

Please describe your career path.

At Cal I had internships with Chevron and Arthur Andersen. Upon graduation, I started with Arthur Andersen full-time and was there until 2002. I have been with KPMG since then. I have been based in the Bay Area my whole career, and now lead our firm's healthcare industry and audit practice in Northern California.

What kinds of problems do you face in your job?

Obamacare has sparked significant changes in the healthcare industry. We are helping our clients through affiliations of many flavors as industry participants coordinate to better manage the health of patients. We are also working with clients to help sort out complex payment arrangements under Obamacare.

What are the benefits of starting a career in public accounting?

Public accounting firms all devote significant resources to continuing education (one of the reasons that all of the Big 4 firms are in the Fortune top 100 best places to work). Associates gain technical accounting, analytical, project management and people management skills that are valuable throughout a career.

to Accounting @ Berkeley and the Center for Financial Reporting and Management