Results and Discussion: In the modern world, wide range of Certified Public Accountants are needed due to continuous emerging of different business firms.The different business firms needed CPAs that have different careers aside from their professions. The following table would show answers of the five (5) respondents regarding the different career paths of a Certified Public Accountant. Table 1. The Different Careers for a Certified Public Accountant Respondents Specific Answers Paraphrase 1. Ms. Arlene B. Teanila -“For starters, I recommend them to enter first auditing companies, which in my case I was not able to. Aside from the favorable public reputation it will give (assuming you enter any of the Big 4), the experience itself that …show more content…
Mr. Romeo S. Siat II -“Audit – because this serves as the basis of most accounting career, in audit, you can cover different area of accounting, work with different people on every engagement, travel and saw a range of industries. I have started as an accounting staff in a private firm. The hardest accounting career for me is being a tax accountant. While the most convenient accounting career for me is being a financial accountant. I did not consider shifting to another accounting career.” - Being in the public accounting sector as an auditor could possibly be the most preferable career to start because it covers the rest of accounting fields. 3. Mrs. Ligaya B. Izon -“I would recommend private accounting for newly registered CPAs because this career is easy to manage compare to other careers.” -Being in a private accounting sector as an accounting clerk can be a career to start because it is easier to manage than other careers in accounting. 4. Mrs Gloria B. Valdez -“I recommend you to start as an Accounting Clerk because this is the basic. Since you don’t have experience yet about the job and the operation of the company, normally you’ll start by doing some filing of documents, do simple journal entries, do posting in the general or subsidiary ledgers, and …show more content…
They have chosen these careers because they stated that most companies, even big auditing firms, comply accountants for the BPO. Another reason would be the benefits that can be available if a CPA shifts from the private practice to the government accounting field. Some of these benefits would be retirement fees which are obviously a lot higher than those of in the private practice. And finally, the compensation that can be derived in being in the government accounting practice. These reasons can based from what Thompson (n.d.) stated on one of his journals that accounting can offer CPAs a lot of career options and
Majored in accounting during my undergraduate at Michigan State University, I am determined to be an audit professional at a public accounting firm in Toronto upon graduation from MMPA program. To better qualify myself and equip myself with advanced accounting knowledge, I am dedicated to obtaining the CPA designation as well. In the next three to five years, I see myself being promoted from an associate to a manager who will lead a team and direct a project. Working as a manager in a public accounting firm will definitely sharpen my leadership ability and problem-solving skills, which are prerequisites for my long-term career objective. Ten years down the road, I want to work in the finance department of a public company as CFO or controller,
Accounting is very important to the world, both public and private accounting firms have one goal: financial stability. There are differences between both firms, however, it can be proven that public firms are better than private firms. The Big 4 is a good example of how public firms are more beneficial than private firms. All of these accountants have worked hard by getting there CPA degree. People should choose a public accounting firm over a private firm because a public firm deals with more than one business.
I really enjoyed the accounting specialization because I feel that I’m very comfortable with numbers and I like solving analytical problems. I also like the social aspect that would come with accounting, like communicating with your colleagues at work about what you discovered or useful information. I think working with financial records of a firm or business would be interesting because you never know what to expect to happen and you have to be quick to adapt to certain situations.
The stereotypical image correlated to the account mirrors that of a public accountant. An individual working as a public accountant can expect to work as an independent third party to a multitude of companies. As this third party it is their duty to oversee financial transactions to ensure that the statements of not only the company, but also its’ supporting companies, correctly correspond and match up to the position, results and cash-flow of the clientele. This general quota outlining a public accountants job description is not the same for a private accountant. The main difference between a public and private accountant is that unlike the public and its handle on a multitude of accounts, a private accountant specializes with a certain company or field. With this specialization, a private accountant tackles setting up a system that records the transactions within the business. The recordation of the transactions is then generated into statem...
A bookkeeping clerk helps people organize their money and helps them see what money they have. To become a bookkeeping clerk you have to have a high school diploma, you also have to have some college but a degree is not needed. If you would like to work as a bookkeeping clerk you can get on the job training. The job outlook has a decline of 8% from 2014 to 2024. Most bookkeeping clerks work in offices or sometimes do site visits. The salary range is about $38,390 per year or about $18.46 per hour. The number of jobs in 2014 was 1,760,300 people. The employment change from 2014 to 2024 will be about -148,700. One out of four people work part time, so if you want to go to school to get into a higher level in accounting you
The American Institute of Certified Public Accountants (AICPA) was formed in1921. The organization, however, does have history dating back to 1887. The AICPA is the face of the CPA profession. Rule-making and standard-setting for the profession is handled by the AICPA. The organization also serves an advocate before interest groups and legislative bodies. Besides developing standards and grading the Uniform CPA Examination, the AICPA also enforces technical and ethical standards. Being a member of the AICPA has many advantages to advance a profession’s career.
Accounting is basically a service activity. Its purpose is to provide quantitative information that principally used by the managers, investors, tax authorities, and other decision makers to make the financial decisions within companies, organizations, and public agencies. Accounting is also widely known as the “language of business.” An accountant measures, communicates, and interprets financial activities. They prepare financial statements or reports for individuals, businesses, government agencies, or other non-profit organizations. They use the accounting systems to categorize the expenses and income to the typical groups. They also keep tract of the money received or paid out to see if the transactions are accurate and complete. Accountants are familiar with the computer operation. They use the computer...
I am eager to begin the testing process for the much anticipated CPA exam. I understand your program is not considered a CPA review, however the benefit of a broad and challenging curriculum, taught by a faculty with motivating accolades, will give me a highly developed understanding of the accounting and business relationship. I plan to begin the CPA testing process as soon as possible and look forward to earning the CPA license. Upon graduation I hope to quickly enter the field, gain experience, and grow a network of connections. Being employed by one of the larger accounting corporations will be the best option for me to accomplish the tasks noted above.
My second goal is to become a Certified Public Accountant (CPA). I plan to take the CPA exam immediately after my completion of Master’s program. The CPA certificate will not only to show my competence in independent work but also promote my opportunities to enter a managerial position. To realize my long-term goal of becoming a partner of Ernst & Young, I must be a role model who is familiar with advanced-level knowledge and certification exam.
In order to do any job there are some requirements and qualifications that you must meet. In the CPA world there is no specific gender that is required, but research shows that the majority are females. Researchers...
Change is inevitable. Yogi Berra once said “The future ain’t what it used to be.” It is clear that the future of the accounting profession ain’t what it used to be (Gormon and Hargadon 1). The changes occurring are happening fast, they are dynamic and they are completely and undeniably real. Since the world around the accountant is changing, the accountant has no option but to change as well. The field of accounting has always been one to know change and to know adjustment, but within the recent past and certainly within the next few decades, the changes that are occurring and will occur absolutely are the most dramatic and exponential yet. Obvious changes lie in the expanding scope of services performed by accountants, the increased use of
Accountants are becoming a needed job in the business industry and play a very important role in the success of many businesses. This job usually requires at least a bachelor’s degree in accounting and sometimes even a CPA (Certified Public Accountant). There are many other things that are needed to be considered before choosing this career. The job environment, education, skills, and benefits are just some of the many things that need to be thought through before considering this career.
Accounting is one of the fastest growing fields in the United States It expands each time a new store, a factory, a filling station, or a school goes up, whether in a large city or a small town. In today's society, the demand for good accountants for exceeds the supply. As our country has expanded, business and industry have become more and more complex, so control here is very important. And control depends on a great deal of the bookkeepers and accountants who can analyze figues and advise management on what should be done. They are using more scientific ways changing money, figuring change, and collecting sales taxes. Moreover, department stores and other companies now have plants and offices widely scattered throughout the country. A new set of bookkeepers and accountants, is needed at each branch. I know there are many managements supervisory, and junior or senior executive positions are bing filled by people who started as accountants because accountants have the knowledge of methods and finance and comprehension of the fundamentals of business, and acc...
If you don’t have a deep background in accounting, but if you are strong in math, then don’t worry, you’ll be able to pick it up fast enough once you’re on the job. If you do have a background in accounting, then it gives you a nice edge.
The career path to become a Chartered Accountant involves lots of dedication, schooling, and ability to take on the intensive programs and examinations. There are several ways to obtain the CA status. The most common process people go through in becoming a CA start off with enrolling in university. After they obtain a university degree (one that includes the Institute's specified 51 credit-hour requirement), they acquire employment in an office designated to train CA students, for an arranged period of 30 months. Many CA firms that have been recognized by the institute, must assist the students in the development of the essential knowledge and professional understanding of five main areas: