Everything you wanted to know or should know about accounting

<p>Hello everyone,</p>

<p>I have a question. First, I would like to give a brief background of myself. I spent 13 years in the United States Marines. I am 35 years old. I am an Accounting Major in school with a 4.0 GPA. I have experience in Supply Chain, Inventory Management, Recruiting and Sales, Financial Planning, and Leadership/ Supervisory Role. I plan on graduating at 37. My question is: With my leadership and management experience and extensive business background, will age still hinder me in acquiring an entry-level job. I have an impressive r</p>

<p>Rosteksm, I would seriously doubt anyone would turn you down with your credentials ESPECIALLY coming out the Marine Corp.</p>

<p>Tax guy,</p>

<p>Thank you for that. I read a lot of the posts on here and all I see is if you are old, then there is no chance of ever getting in. Lol I figured that I would hear from the experts and if they said no chance then start thinking about a new career field! I figured with each facet of business in my experiences I could tie them all together with an Accounting Degree.</p>

<p>How hard is cost I and intermediate II?</p>

<p>I took intermediate I over the summer. I passed with a B, but it was my only course. I’ve been reading reviews online on intermediate II. Some say it is on the same level as intermediate I, while others say it is much harder than intermediate I. </p>

<p>The reason I’m asking is because I don’t want to overload myself. I could add another class or two to my schedule (marketing, professional writing, management, etc.), but I’m not sure if I should.</p>

<p>I’ve heard people say its harder, but its really the same as the first class.</p>

<p>For me, intermediate II was just the second part of the same text book, covering subjects on the other side of the balance sheet (Liabilities/Owners Equity)</p>

<p>I got a 2.7 in I and a 3.7 in II
(Only 15 students were in II with me while 60 where in I so I think many people failed my schools I)</p>

<p>I would say II is more challenging just because most of the material is new whereas in I most is review from the Intro courses. (II also covers leases, so there’s that.)</p>

<p>II covers more material that involves memorizing thresholds, in addition to understanding concepts. For I, you can usually apply logic and arrive at the right answer. No amount of logic helps you figure out if you use the cost, equity, or acquisition method if you can’t remember that the cutoffs are 20% and 50%, or if you can’t remember whether exactly 20% gets moved down to cost or up to equity.</p>

<p>hey everybody was wondering if i can get your two cents.</p>

<p>im not focusing on pronunciation because this is draft 3 where i accidentally hit the alt + left arrow combination and my entire post was deleted.</p>

<p>okay first a little about me. i just got out the marines two months ago, i have a 3.06 gpa. i am attending miracosta college this fall and spring next year, next fall i hope to be at sdsu if not then san marcos.</p>

<p>if i dont get into sdsu which is a high possibility due to my low gpa, i will most likely be attending san marcos. i have confindence i will get straight a’s this fall, if not maybe a b, but im not sure if thats too late.</p>

<p>the question. now if i do in fact have to go to san marcos, and i graduate there with a 3.3-3.5, what does my job outlook look like? can i expect offers? am i probaby SOL for not going to sdsu?</p>

<p>Im a single dad, Im just trying to plan as far ahead as i can so when i graduate i can provide for my little man and I. thanks for any input/advice.</p>

<p>i did four years in the marines, none of it was related to accounting.</p>

<p>i want to go to sdsu not for the partying (remember i am a single dad) but for the networking opportunities provided at sdsu and the recruitment. i went to san marcos website and i didnt see ANYTHING. when i went to their accounting society, the page hasnt been updated since last year. even their department page is bland. seriously, take a look.</p>

<p>[Accounting</a> Department](<a href=“http://www.csusm.edu/accounting/]Accounting”>Accounting Department | Accounting Home | CSUSM)</p>

<p>also when i use the facebook friend finder i look up people who attended sdsu and type in random firms, and the list is pretty long. when i do the same for the csusm people, eh, not so much.</p>

<p>what if i attend san marcos, but i go to sdsu recruiting events? what if i get a masters in taxation from sdsu once i finish my undergrads at san marcos?</p>

<p>Honestly, both seem bad. You might to improve your GPA as high as you can and go for a masters to reset your GPA. Also, if you want a better representation of where people work then try linkedin.</p>

<p>im on there now, i see a big number come from sdsu, usd, and ucsd equally. san marcos were a fraction; they seemed older as well as if they earned their degrees in the 90s, doesnt look like any associates are recruited from their now.</p>

<p>come spring next year, i will have all my prerequisites for sdsu i didnt apply to ucsd i am going to tho. if i dont get accepted in spring, should i just do another semester at community college and retake all the c’s and b’s and then reapply?</p>

<p>Hi all! I just transferred from community college to the B-school at the University of South Carolina as a junior accounting major with a 3.6 overall GPA. I’m a disabled Navy vet and leaning towards going into federal government service for a number of reasons, especially because I’m 44 and putting in 70 hour weeks during busy season doesn’t appeal to me at all. </p>

<p>I have some questions for anyone here who is familiar with the federal civil service.</p>

<p>Is staying in school one more year to get a Masters in Accountancy worth it for government service?</p>

<p>Also, getting a Macc would give me my 150 credit hours and required accounting credit hours for a CPA license in South Carolina. South Carolina’s experience requirement is 1 year under a CPA’s supervision. Would I be likely to fulfill that requirement working for the government? </p>

<p>More importantly, if I plan to stay in government service will a CPA license help me in that career?</p>

<p>I am currently a rising Sophomore at a 4-year University(hoping to major in Accounting) and my ultimate goals are to get a CPA and to secure a job and an internship (during the summer) at a Big 4.
During my freshman year, I didn’t really know what I wanted to major in and had a lot of personal issues going on at home and as a result, I ended the school year with an average GPA. However, during the summer, I decided to get myself together and spent a lot of time reflecting on the past year and on my life and decided that I was going to “buckle down” and complete my Bachelor’s in Accounting in 3 and a half years and then spend an additional year at X to get a Master’s in Accounting.
And, though it would financially be hard on my parents to send me to X this year and the following years(almost paying full tuition), my dad told me that he would do anything that he possibly could (even if that meant taking out an immense amount of credit card debt) to allow me to continue at X if I really wanted to. I told my dad that I really wanted to attend and promised him that I would get my act together. However, my mother just came up to me a few hours ago asking me if attending X was really “worth all that money”, and she began explain to me how hard it would be on my parents financially if I were to attend this year.
After my mother and I started talking about our current family situation more in depth, it really hit me, and I started questioning if I was making the “right” choice by choosing to attend X this year.
Here are the my two options:

  1. Attend a local community college for a year and attend X for the remainder of my education
  • I really have no problem with attending a community college for a year and would be willing to do so if attending a cc will really help my parents out financially, but I am really scared that by choosing this route, it will hinder my chances of getting an internship/ job offering at a Big 4.<br>
    <strong><em>If I do decide to go the cc route, I plan on taking as many credits as I can handle, get an internship and have a part-time job on the side.
  1. Just attend X University
  • Though I would much rather prefer to attend X, I have several reasons why I am having such a hard time letting go of this option.
  1. I have secured two leadership positions for this school year and I know that if I don’t go to X this fall and “transfer” in during my junior year (with plans of graduating first semester of senior year), I am going to have a hard time securing any leadership positions in time.
    *</em></strong>*Oh, and if I attend X for my Bachelor’s and Master’s, I will be left with about $60,000+ in debt, which from what I have been reading, is “not worth it”. </p>

<p>I have been really conflicted as to how I should go about tackling this problem. Oh, and thank you all for taking the time to read my long post! :)</p>

<p>Sounds like neither you nor your parents can afford X. CC is perfectly respectable way to start. In my area, at least one of the Big Four recruits at the directional university sub-campus, where nearly everyone started at CC because the directional branch only offers upper-level classes.</p>

<p>@allyphoe
Well, It’s more like, my parent’s can pay for me to go to X University, but it will be really stressful for them given my family’s current circumstance. But, they did reassure me again today that if I am willing to work really hard, they will do anything they can to support me in the decision that I make. (Also, by choosing the CC route for Sophomore year, I would be saving myself from an additional ~10,000 in student loans and will also be able to pay off quite a bit off of the debt that I have incurred so far.)</p>

<p>I think that the only things that are holding me back are that I will have to “let go” of the two leadership positions that I secured for this year and the fact that I feel like by going the cc route, it will hinder my chances of getting an internship & job at a big 4. </p>

<p>I still have no idea what to do, yet I have to make a final decision within the next 20 hours! :O</p>

<p>*I also go to a top 50 business school, if that means anything.</p>

<p>Will I be able to get into big 4 or mid size public accounting firm?</p>

<p>A bit about me:
My school has 12-15 public accounting firms coming to our recruiting reception this fall. (Big 4 included)
I’ll be 27 when I have 150 credits.
I currently work full time (non accounting job), but I have my own place with bills out the arse andI pay out of pocket for my schooling.
My GPA has been consistently on the 3.6 range
I’m applying for summer 2014 internships, and I plan to have my 150 credits either after fall semester of 2014 or winter semester of 2015
I plan to apply at all of these firms and hope for the best.</p>

<p>But I do not have accounting work experience, nor have I done volunteer work or leadership programs.</p>

<p>How much “real world” accounting related experienced would be expected of a student entering his senior year when looking for an internship (say at a Big 4 firm or top regional firm)? I ask b/c I have a solid overall GPA (3.63) / accounting GPA (3.50) but literally zero experience. I’m worried this is going to be a killer when looking for that internship.</p>

<p>^ it will be. They will wonder what you have been doing for the last three years. They want a balanced student. When I interviewed I had one “managerial” role and two accounting based ones, as well as being in BAP and having a 4.0 accg and 3.9 cum GPA. I’m not saying this to brag. I’m just showing you that the competition is fierce. A decent GPA with NOTHING else isn’t gonna fly.</p>

<p>Well then my degree will be worthless. </p>

<p>I live on my own and barely afford all my bills now at $20/ hr in an unrelated field. I can’t afford to quit my job to work an internship and then be jobless after the intensional. I will have 150 credits by next December (2014). If I get an internship offer from a big 4 or regional for summer '14 I will make the sacrifice to take it, but I couldn’t for a book keeping internship.</p>

<p>Gradius my post was not directed at you. Working full time to support yourself is not the same as having zero experience. I interpreted paragon’s post as he has nothing on his resume work-wise. </p>

<p>Also, to paragon, if you mean you have zero work experience then yes that will weigh heavily against you. If you mean you have no accounting WE, but have other WE, that will be just as well most likely for internships.</p>