Finders, keepers?
Article Abstract:
Business enterprises are required by law to submit an Unclaimed Property Report to at least one state government that lists all the property in their possession that have been abandoned for a given year and to surrender such property to the concerned state agency. An unclaimed property is defined as any asset worth more than one cent that is the rightful property of another person or entity, who has not taken any action regarding the asset for the period of dormancy. These properties can take the form of gift certificates, stocks, bonds, checking or savings accounts, insurance proceeds, payroll checks, pension benefits, dividends and the like. Depending on the type of property, the period of dormancy can range between one to 15 years. The role of financial executives in the management of their companies' unclaimed property is discussed.
Publication Name: Management Accounting (USA)
Subject: Business, general
ISSN: 0025-1690
Year: 1998
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Starting a Practice Fellows Program
Article Abstract:
The Practice Fellows Program may help bridge the gap between the practical and theoretical sides of the accounting profession at colleges and universities. For a sponsoring university department, the Practice Fellows Program will: be used to help prepare curricula, bring business realities to accounting courses, introduce the thoughts, concepts, and experiences of the practitioner to both faculty and student, help students and faculty with the design of research programs, and furnish career advice to students. The practice fellows should be chosen from wide segments of the accounting profession, not just CPAs from public accounting firms.
Publication Name: Management Accounting (USA)
Subject: Business, general
ISSN: 0025-1690
Year: 1986
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Businesses should establish faculty residences
Article Abstract:
Accountants require new and enhanced training for the always-changing profession. The American Assembly of Collegiate Schools of Business (AACSB), the main accrediting group of business schools, wants to eliminate possible business inexperience in accounting disciplines via the accreditation of accounting programs. For the school to become accredited, roughly 60 percent of the department of accounting's faculty must have had two months of training at an outside source.
Publication Name: Management Accounting (USA)
Subject: Business, general
ISSN: 0025-1690
Year: 1985
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