The Institute of Management Accountants recently published their 20th Annual Salary Survey. It shows that despite an uncertain economy, rising unemployment and a falling stock market – accountants are holding steady. With a slight salary increase of 2.2%, accountants are doing much better than other white collar professionals. This increase (though small) is not a decrease which is a stark contrast to most other positions. It is a confirmation that the accounting profession is secure and continues to provide opportunities to thrive.

To see the survey and the final summary, click here.

For the past three years CNBC has published a study in search of the top states for business. Virginia was #1 in 2007, fell to second place (after Texas) in 2008, and we are happy to say re-claimed the #1 spot for 2009. The study is based on criteria such as cost of doing business, workforce, quality of life, economy, transportation, technology and innovation, education, business friendliness, access to capital and cost of living.

The changes seen in the economy had a dramatic effect on states’ rankings, some negative, and some positive. For example, in Texas – Virginia’s top competitor for the #1 spot, the quality of life ranking fell 10 points, while Virginia’s rose 10. Furthermore, Virginia’s economy, while still struggling seems to be leveling off and finished in 7th place, up 10 points from last year’s #17 spot. With a steady corporate tax, low state and income tax, and a #2 finish in the ‘Business Friendliness’ category Virginia is a great place to be doing business.

To read the article and view the study, click here.