Tag: accounting

Job Opportunity, News/Accolades

Iowa Insurance Division High School Internships

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Who:  High School Juniors or Seniors, High School counselors, Parent of a High School Junior or Senior

What:  A paid summer internship with the Iowa Insurance Division (IID) for a qualifying junior or senior high school student

When: A 10-week program beginning approximately June 3, 2024

Where:  IID Office located at 1963 Bell Avenue, Des Moines, Iowa 

Are you aware of a junior or senior high school student in Iowa trying to decide what career field they wish to pursue? The Iowa Insurance Division has an opportunity we would like you to share with them where they will gain real world experience in the insurance industry through an internship as an insurance regulator. A student interested in areas of accounting, actuary science, computer science, data analytics, mathematics, economics, marketing, insurance or securities sales, investigations or prosecutions of administrative insurance law violations, criminal fraud investigations, insurance legislation and rulemaking, or communications may find this unique opportunity extremely appealing.   

Iowa is known as a global insurance hub, largely due to being the home of more than 214 domestic insurance companies.  Iowa’s insurance industry offers the most rewarding careers.  The insurance industry protects people’s livelihoods, builds wealth for the future, supports Iowa’s diverse economy and gives back generously to communities.  There are approximately 60,000 jobs in Iowa’s insurance industry with salaries 2.3 times higher than Iowa’s average salary.

Students will gain knowledge and exposure to the Iowa Insurance Division’s responsibilities to protect consumers by effectively and efficiently providing a fair, flexible, and positive regulatory environment.  Students chosen for this role will participate in performing our regulatory duties in addition to receiving insurance education course work.  These individuals will learn about the Iowa Insurance Division’s role in state-based insurance regulation, which includes the supervision of insurance companies, insurance agencies, and insurance agents. In addition to learning about each line of insurance (auto, home, life, health, etc.) the interns will also assist with evaluating insurance company market conduct and consumer complaints for compliance with state insurance regulations.

We offer competitive compensation, flexible work hours, and telework opportunities.  This opportunity is available for students across the state of Iowa.  The office location is in Des Moines however there are opportunities to work remotely up to 2 days per week with the balance of the week in our Des Moines office location.  Any junior or senior high school student who would like to explore an employment opportunity within the insurance industry through a summer internship with the Iowa Insurance Division may send a cover letter and resume to internships@iid.iowa.gov.  

More information may be found on our website. Apply today to insure your future tomorrow! Applications accepted through January 15, 2024.

Contests

Accounting Opportunities Experience and High School Case Competition

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The Iowa Society of CPAs’ Accounting Opportunities Experience

The Iowa Society of CPAs is excited to have partnered with other state CPA societies, AICPA, and Center for Audit Quality’s Accounting+ initiative to raise awareness of the accounting profession among high school (and middle school!) students through Accounting Opportunities Experience. A national campaign to bring CPAs into classrooms took place throughout the month of November. We even received a declaration from the governor of Iowa designating the month of November Accounting Opportunities Month! We held in-person presentations across the state to help high school students better understand opportunities in the business world. During 2023 Accounting Opportunities Experience, we reached 1676 Iowa high school students and presented in 39 different schools utilizing almost 50 CPA volunteer presenters! ISCPA is still accepting classrooms and continuing to give presentations throughout the year, not only in November! If you would like to bring CPAs into your classroom, please complete this 2-minute survey and a member of the Iowa Society of CPAs will contact you. Thank you for all you do to inspire the next generation of accounting professionals! 

The Iowa Society of CPAs’ High School Case Competition

The Iowa Society of CPAs (ISCPA) is excited to announce the Second Annual ISCPA High School Case Competition for the spring semester. This is a fantastic opportunity to expose students to the accounting profession! The case provides students an on-going, real-world learning experience – culminating in a day spent in person at a host company, either CPA firm or company, near you! This begins with an ISCPA member scheduling four visits to your accounting class this spring. Members will help supplement the accounting curriculum by teaching four accounting modules to prepare the students for the case. Topics include Accounts Receivable, Bad Debt Expense and other adjusting journal entries, Financing, and Financial Statement Analysis. After four classroom visits students will be ready for the Case Competition, which will be held towards the end of the spring semester in person at a host office. The case provides students the opportunity to finalize yearend financial statements and complete some basic financial statement analysis. In addition to accounting fundamentals, students will practice working in small teams and demonstrate presentation skills.

On the day of the Case Competition, students will be given the case to complete in small groups of approximately four students. ISCPA members will be on hand to assist the groups. During the office visit, students will also have an opportunity to tour the host company, meet a variety of accounting professionals, and enjoy a catered lunch courtesy of the host company. Teams will record and electronically submit their presentations. Once all teams have submitted their recordings, a panel of ISCPA members will judge the presentations and determine the winners. The winning team will be announced at the ISCPA Annual Meeting, receive an ISCPA High School Case Competition trophy, and each member of the winning team will receive a gift card. All participants will receive an ISCPA High School Case Competition t-shirt. This opportunity is open to all accounting students. No class is too big or too small. ISCPA staff will do all of the coordination! Does this sound of interest to you and your students? If so, please contact Natalie Harwood at nharwood@iacpa.org or 515-985-7104 to get signed up.