<p>Easy koomba. Don’t hurt your keyboard. Are you still upset over failing an accounting class?</p>
<p>Dude I’ve got like 5 ivy league degrees. 3 phds, 4 masters, and 8 bachelors. I am a doctor of philanthropy and have saved over 20 lives in just this past week. So do not, I repeat do not, disagree with me.</p>
<p>If anything, you have just shown that a degree is only as valuable as the person holding it.</p>
<p>Sure intro to accounting courses are weed-out classes. But generally its not because of the difficulty of the material but because of the amount of material and the extra effort required to put in. I studied and aced my intro classes. </p>
<p>Most normal people, who have a good understanding of basic algebra, should not have had trouble passing at my college. Yet people do fail/drop-out.</p>
<p>Like others have said, if you did well in the intro classes, you should be fine in the major. Although the tax courses are nothing like financial accounting.</p>
<p>Just to clarify, As I said in my first post of the thread, “Everything you wanted to know or should know about accounting,” Accounting does not require a lot of sophisticated math, with the exception of knowing some statistics. However, what makes accounting very hard is that it is akin to law. thus, you need to know alot of material and be able to digest the material . This is what makes it a weed out major.</p>
<p>I’m finishing Intermediate II right now. To the guy who thinks Intermediate and other courses will be just as easy as Intro, you couldn’t be more wrong. Intro is simple, Intermediate is extremely tough. There’s no way around those facts. </p>
<p>Intermediate is obviously manageable, but it’s tough.</p>
<p>If you gotta complain about how hard accounting classes are, don’t go Big 4 because I don’t want scrubs on my team. </p>
<p>I don’t need to explain to the partner why we blew the budget because the new hire sucked. I don’t need to eat more hours and be in the office til 2am fixing workpapers that new hire spent 10 hours on which could have been done in 2.</p>
<p>Just graduate, get your CPA, and and start the learning process all over again because it ain’t gonna get any easier after you graduate and start working. If all you do is complain, just hope you don’t have me on your team because I will throw your ass under the bus to the partner.</p>
<p>Just kidding. I’m guess I’m just too nice, but there are people out there who will do that for the sake of their career without hesitation.</p>
<p>I wish someone would be more specific. I just scanned through an intermediate financial accounting textbook and the topics covered were exactly the same as intro. So I’m guessing it’s just more in-depth?</p>
<p>You don’t cover Pensions, Income Taxes, Leases, specifics treasury stock buybacks, Lower of cost or market, available for sale/trading/held for investment securities, equity method, and a bunch of other topics in financial accounting. Those are just a few that came to my mind.</p>
<p>moss: That’s your fault as a senior for not being to properly assess the capabilities of your staff. Also, just don’t book the hours you worked to fix your staff’s screw ups and that will solve your budget problem.</p>
<p>Ah come on Dawgie. Don’t be part of the problem.</p>
<p>Don’t eat hours, kids. If you feel like you have to, get a better manager or a better firm.</p>
<p>Everyone eats hours.</p>
<p>I don’t. Looks like that makes you wrong.</p>
<p>Excuse my use of generalizations. If you believe that the status quo is not to eat hours, then you are living in a false reality.</p>
<p>Intermediate 1 had alot of review but went a little more in depth. </p>
<p>Intermediate 2 was mostly new, but when it covered familiar topics it when MUCH more in depth. </p>
<p>At your school, the splits may cover different topics than at mine.</p>
<p>acaden, did you even read what I said? If you properly assess your staffs competence then you won’t eat hours.</p>
<p>goose7856 - it’s common, yes. Status quo, no. When you start, your managing partner should tell you in no uncertain terms not to eat hours. What you choose to do with that advise is up to you. And if this doesn’t happen, your office is lacking in ethics, and I would look to get out.</p>
<p>Dawgie - agree</p>
<p>Of course no one wants to eat hours. However, if the budget is tight (like it is for a lot of projects) then eating hours becomes the unspoken rule of thumb. Moreover, of course training programs are going to say eating hours is against the rules/wrong. It is a crappy practice and no one wants to do it, but can definitely be necessary to keep budgets low and keep clients.</p>
<p>I would rather eat hours and have glowing performance reviews than not eat hours and have my manager ****ed off.</p>
<p>I don’t see it as being a big deal at all.</p>
<p>Hey everyone, I just got accepted as a transfer into a descent public. I will start this fall in upper division courses and want to take a third accounting, my major is SCM but I might change to Finance. Either way, I could use another accounting in both degree plans. It will be more than likely in the Spring when I take it and I haven’t taken Financial since 2009 and Managerial since last Spring in 2010.</p>
<p>I plan on reviewing, I kept my notes from Managerial and my text. But my question finally is, at my school they offer an Intermediate Acct that actual Acct majors can’t take does that mean it will shy away from preparing statements to more interpreting and using them? Thanks…</p>
<p>It means it is a lot weaker. You will only get a descent understanding of financial statements. Are you okay with just descent?</p>