
The Accountant Shortage Makes One Office Get Really Desperate
You know how if you’re on Tinder for a while and you’re not getting many matches because your standards are too high so you widen the net a bit and start overlooking things like “if you can’t handle me at my worst, you don’t deserve me at my best” in people’s bios? Well that’s pretty […]
Good Enough for Government Accounting: Junk Shop Treasure and Two (Allegedly) Crooked Auditors
First the good news (treasure discovered!) and then the bad news (some auditor generals are allegedly corrupt.) Arkansas' first auditor kept a journal Whenever I'm sifting through junk at Salvation Army, I dream of finding a treasure that'll A) land me a coveted spot on Antiques Roadshow and B) fetch me a small fortune at […]
Government Do-gooder Contemplates a Dream Job in Public Accounting
Need some advice? Email the GC team with your burning questions. Just be warned – our advice might rain on your parade. Dear GC, I am on my 6th month with a Government Audit team and got an offer to join one of the Big4. The job is of the same nature and the pay […]
The Overworked SEC Makes Time To Entertain Teenagers
If there were candy involved in this, it might be considered creepy.
The SEC hosted a shadowing event at its Washington, DC HQ yesterday (what, no invite for AG?) as well as a few regional offices to show high school students interested in finance just how cool the SEC is and how much fun it is to work for a [dot]gov in the business of protecting investors or whatever it is the SEC purports to do these days.
Participating students are involved in the Academy of Finance, one of five career-themed academies that are part of the National Academy Foundation (NAF). More than 250 students are visiting SEC offices this week in Washington, Atlanta, Boston, Denver, Los Angeles, Miami, Philadelphia, Salt Lake City, and San Francisco. The kids will hear from SEC Commissioners Elisse Walter and Troy Paredes and other SEC leaders in group discussions, and are then paired with an SEC professional to observe the workday. SEC staff members from various divisions and offices volunteered to be shadowed and, according to the press release, “are enjoying the opportunity to explain their work and interact with America’s next generation of financial professionals.”
“By shadowing an SEC employee for the day, students can learn about the SEC’s mission on behalf of investors and the work that we do on a daily basis to achieve it,” said Kathy Floyd, a Deputy Director in the SEC’s Office of Investor Education and Advocacy. “We hope to pique the students’ interest as they consider their own potential career paths in the financial services industry or in public service at an agency like the SEC.”
JD Hoye, President of the National Academy Foundation, added, “The National Academy Foundation provides students with experiences that allow them to see the real world applications of what they are learning in school and hone the skills necessary to excel in their careers. Through our partnership with the SEC, students gain a window into an important part of the financial industry, underscoring the relevance of their class work and exposing them to possible career paths.”
The shadowing program helps the SEC meet objectives in Section 342 of the Dodd-Frank Act, which calls for federal financial regulators to seek diversity in their workforce at all levels and, where feasible, to partner with inner-city high schools, girls’ high schools, and high schools with primarily minority populations to establish or enhance financial literacy programs and provide mentoring. Funny, I don’t think any of the dreadlocked teenagers that hang out on my corner are all that interested in finance and accounting beyond the math required to figure out how many 8ths are in an ounce but whatever, good for them.
It’s important to start them young. Way to go, SEC.