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Three Topics • Mid-Sized Accounting Firms • Internships • Chicago A Clarification About Our Affiliated Practice Unit • Altschuler, Melvoin and Glasser LLP (“AM&G”), a partnership of Certified Public Accountants, is a separate, independently-owned, independentlyoperated entity. • AM&G serves as the vehicle through which staff acquire CPA experience and meet the requirements for CPA licensure. • AM&G has a leasing arrangement with American Express Tax and Business Services Inc. to provide staff to conduct audit and other attest services. Issues Facing Regional Accounting Firms • • • • • • Capital Costs Technology Costs Staffing and Compensation Margins Ability to Compete Succession Ken Chenault, Chairman & CEO, American Express Company Tom Meador, CEO, American Express Tax & Business Services IU undergrad and MBA 2003 Tax Season Interns Advantages of a “Corporate” Career • Multiple Career Paths • Lack of Necessity for Individual Financial Investment • Long-term Benefits • Entrepreneurial Spirit The Unique Alternative • The capabilities, technical expertise, resources and services of a national accounting and consulting firm. • The special features (personalized, individual attention and “open door” environment) normally associated with regional firms. • The resources of a global financial services company. The Benefits of a Career with An Alternative Practice Structure 1 Specialized Knowledge/Expertise, Well-Rounded Experience, (Accounting, Tax, Consulting) and Diversity of Clientele. 2 Advantages of a Regional Firm 3 Strength of a National Organization 4 Open Door Working Atmosphere - A Healthy Group Environment 5 Leading Edge Technology 6 Competitive Compensation Package 7 Generous Employee Benefits Package of a major public company 8 Career Development 9 Promising Career Progression 10 Extensive Training and Professional Development Interns 2002 Tax Season Top Reasons to Consider Chicago • Lake Michigan • Terrific Restaurants • Sports (Cubs, Sox, Bulls, Bears, Hawks, Wolves, Fire) • • • • • • • World-Class Theatre Music & Entertainment Amazing Museums Great Public Transportation Two Major Airports Top-Notch Shopping Lots of IU alumni . . . Cubs Pitching! Zambrano Clement Wood Prior Wrigley Field New Hire and Recruiting Events Cubs Rooftop / Cooking Class Golf / Bowling with SAS