Everything you wanted to know or should know about accounting

<p>in most places, that’s how “transfer” works. you will have to initiate the whole thing and you just have to see if that other office has vacancy. your office has no incentive to do this for you since each office typically operates as an independent revenue center. your office wants to keep you. this is almost like applying for a job except that you’ll have a signicant edge over others from outside. that’s assuming your firm has no “overseas rotation” program for career development.</p>

<p>Hey Taxguy does joining a professional fraternity like Delta Sigma Pi help you get a internship or job with the big 4? I went to one of their info sessions and they keep saying that they get a position in the Big 4 because their “Brother” was in it. </p>

<p>Is being in the Accounting Association and being a committee member and in a sports team enough extracurricular activity?</p>

<p>Redline, this question has been answered Adnauseum. Joining a professional fraternity will do nothing towards your job prospects. I have NEVER been asked about my membership in Beta Alpha Psi. The only benefit of joining an accounting association is for the networking benefits.</p>

<p>Hi,</p>

<p>I am about to apply for MACC as an international student. I have some queries which i hope someone will be able to answer.</p>

<p>1- Should I target Top ranked schools or mid tier accredited schools will be good enough to land me interviews at firms and corporations?
2- Job outlook and acceptability of International student after MACC and CPA?</p>

<p>I have more questions to ask but they depend on answers to above ones.</p>

<p>Beta Alpha Psi is a joke.</p>

<p>Is Intermediate harder than Cost Accounting?</p>

<p>Yes intermediate is harder than cost.</p>

<p>Although I didn’t find any accounting course to be that hard, intermediate and tax are generally considered the hardest of the accounting courses.</p>

<p>I hope I do well in them.</p>

<p>I got an ‘A-’ in Cost Accounting 1 and an ‘A’ in Cost Accounting 2.</p>

<p>Interesting, you took advanced cost accounting (Typically after cost) before Intermediate 1?</p>

<p>along with most others i took : managerial, then intermediate I then II, then adv and cost together</p>

<p>The course description did not mention advanced cost accounting…it just said cost accounting 1 and 2. The classes I take are accelerated and are only 5 weeks long. I guess they figured we need two sessions for cost accounting.</p>

<p>I don’t understand why the cirriculum has us taking cost before intermediate when the course numbers for cost are higher than intermediate. I thought that would suggest that cost accounting is tougher than intermediate being that the course numbers are higher.</p>

<p>That’s not really true regarding course numbers. I don’t understand it either, it’s usually Intro to Financial accounting, and Managerial (Which is kinda cost) during your sophomore year. Then Cost, intermediate, during junior.</p>

<p>can someone plz tell me what partner is for a big 4 firm? in english plz. act as if I don’t know anything about the big 4 or anything about accounting. as of right now, a partner to me means, teaming up with someone to do something. so how and what does that do with making big money when working for a company? I would understand if you were to have a partner starting up a business but not for working for the big 4. I know I am a noob at these things.</p>

<p>How easy is the “entry” into the accounting/business profession?
After completing an undergrad in accounting is one obliged to immediately get a job somewhere? Is it the smart thing to do? </p>

<p>Would it be disadvantageous to take a “vacation,” e.g. travel to a foreign country and start looking for a job a year after completing the degree? Would doing this be looked down upon by employers?</p>

<p>Yes it would be looked down upon, because you don’t typically get a job after you graduate. You get it during. You can still take a vacation, go on vacation for the whole summer leading up to your start date.</p>

<p>While you may envision how nice it would be to have some down time before starting a job, you still have a big hurdle in front of you in terms of passing the CPA exam. Some of that vacation might make for an excellent time to prepare for that.</p>

<p>Dawgie , your thoughts on this CPA thread on another forum?
[CPAnet</a> Forum: Who is starting to dislike accounting?](<a href=“http://www.cpanet.com/cpa_forum/forum_posts.asp?TID=27887&PN=1]CPAnet”>http://www.cpanet.com/cpa_forum/forum_posts.asp?TID=27887&PN=1)</p>

<p>Accounting is that bad?</p>

<p>I skimmed it, looks like a lot of people crying about not being able to find jobs in this economy. That is their fault though for not having a high enough GPA. I’ll admit it was definitely more challenging finding a new job in this economy even for an a-hole like me. But don’t forget, I said accounting work sucks. The profession and career itself can make you good money!</p>

<p>Let’s not be too quick to dismiss this as merely a low GPA thing. They did not mention GPA’s at all. What they said was that the accounting profession was cliquish, that employers prefer flamboyant personalities over actual skills, and that getting a job at a public accounting firm is like trying to get into a fraternity, except harder. </p>

<p>**Dawgie, you didn’t get laid-off due to your personality, did you?
I ask because you seem like a confident, aggressive and ambitious individual.</p>

<p>If that was the case then I have no chance in public accounting, since I am a mild-mannered and introverted person.</p>