IMA Meeting Results in Corporate Connections

In December 2012, Dr. Bargerstock attended a meeting of the IMA-Cedar Rapids, Iowa, chapter, where the main speaker was David Nuernberger, Tax Partner with Deloitte, a major CPA firm. Mr. Nuernberger discussed anticipated changes to individual and corporate tax laws coming during 2013. Through a question from Dr. Bargerstock, it was revealed that Congress will be considering the elimination of LIFO method of inventory costing as a way of collecting more tax revenues. Dr. Bargerstock pointed out that such a change would be consistent with USA’s move towards IFRS, which does not allow LIFO.

At the end of the meeting, Dr. Bargerstock met the speaker and discussed ideas about how MBAs with USA tax experience can apply for positions at Deloitte. Additionally, Dr. Bargerstock met Deloitte’s Regional Director of Auditing, who will introduce us to their regional recruiter. We are hopeful that these relationships will open new opportunities for MBA job placements.

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