The Certified Public Accountant (CPA) Exam

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• After my four years of college, I am going to stay an extra twenty hours so that I can sit for the Certified Public Accountant (CPA) Exam. During these hours, I will be taking the necessary classes to major in both accounting and finance. By majoring in both of these fields, more job opportunities will become available. Some businesses are looking for a person that can do the job of an accountant and a finance officer. By double majoring, I am potentially increasing my salary in the future. • After I graduate in the fall of 2017, I will begin looking for a job. I am hoping that I am offered a job from an internship at Ochsner Hospital in Gretna that I might be taking this summer. After I graduate, I will also start to prepare for the CPA…show more content…
When the economy is doing well, more accounting jobs are available. As the economy declines, so do the accounting job opportunities. With fewer jobs being available, it will be that much more important for me to have qualities that help me to stand out. By taking part in an internship, it allows me to gain experience that other applicants may not have. • The accounting principles are constantly changing. Currently, there is a struggle between accountants who want to use the U.S. Generally Accepted Accounting Principles (GAAP) and the International Financial Reporting Standards (IFRS). Many companies in the United States prefer GAAP over IFRS because GAAP is more rule based, whereas IFRS is principles based. In my accounting classes, we focus on GAAP. If the U.S. decides to switch to IFRS, I will not be as well-equipped when I enter the work force. The best way to overcome this threat is to continue to monitor the situation and see if the U.S. makes the switch. • Technology continues to increase, which creates threats for accountants. Some activities that accountants previously performed have been replaced by different programs like Turbo Tax and QuickBooks. Technology is very advanced, but there are things that accountants do that cannot be replaced by programs like analyzing data or making sure that all tax laws are being…show more content…
I have taken many accounting classes which have given me a solid foundation on which to build upon my accounting knowledge. I believe the best way to do that is through experience. I will be able to gain experience when I begin my internship. I have gained some accounting experience when working at my parents’ business. I have recorded receipts, recorded purchases, used QuickBooks, completed payroll, and completed bank reconciliations. I am also going to be able to build on that foundation when I begin to network with people who have been accountants for years. I am eager to learn so that I can grow as an accountant. I want to strive to be the best that I can

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