Round-Up for May 2014: Best Finance and Accounting Articles of The Month (+ a New Yorker Cartoon)
Yep, it’s that time. The last day of May…
…so I’ve got a round-up for you of some of the most interesting
Finance/Accounting articles I’ve seen this month.
(+ a link to a clever cartoon about Accounting Superheroes from
The New Yorker).
Thought you might find them informative (and entertaining!)
so here they are…
- Forget About Learning to Code — To Get Rich in Tech, Become an Accountant
- A Closer Look at MBAs
- “The Only Thing That Can Save Us is An Accounting Breakthrough”
The Rest of the C-Suite
Fascinating tidbit: The CFO at Twitter, Mike Gupta, makes more
than anyone else in the company.
A LOT more: in 2013, Gupta brought home $24,639,667.
Which is why Quartz journalist Jason Karaian wrote this fascinating
“Coding whizzes may be the rockstars of the tech world,
but accountants are often more consistent earners. This is
particularly true for companies looking to go public, of which
there are many at the moment…But if an IPO is on the horizon,
structure and discipline is precisely what’s needed if a company
hopes to get investors on board. And that’s why experienced
financial hands can command huge rewards for their services.
At Twitter, CFO Mike Gupta took home the largest pay package
of any company executive in 2013, the year the company went public.”
2) And then, from across the pond, the Institute of Chartered
Accountants of Australia noticed a growing trend: Chartered
Accountants Pursuing MBAs.
This article intrigued me, because it’s not something I’m seeing a lot
of in my recruiting adventures…but I can see that in certain circumstances
— especially senior leadership positions — it might be a very strong
advantage. (Both in terms of securing the job AND your impact and results
once you’re in it.)
So, for hard-core accounting careerists, an MBA can be a way into the
executive suite, the Institute finds, but only in the right circumstances:
Only candidates who have the “level of relevant experience that makes them suitable for
an executive role” should pursue an MBA, because “If you complete it too early in your career
it will be an addition to your studies, rather than a step up into an executive role.”
Finally: May was good to me and I know June’s going to be even better…
…so tell me: What are you planning to accomplish in June?