Everything you wanted to know or should know about accounting

<p>Thanks tax guy you know a lot you give a lot of helpful/useful information.</p>

<p>Oh I meant to ask if the Big 4 firms and other large firms find it a plus if applicants are bilingual?</p>

<p>Kitt, bilingual is always a plus.</p>

<p>Hey,</p>

<p>I work in Canada. I am going to be preparing US returns this spring. I was wondering if anyone knows of any good US tax university textbooks? Which ones did you use in your tax classes.</p>

<p>My firm will be providing training, but I just wanted to get some basics down.</p>

<p>what’s the average pay for an accountant who’s been working for 10 yrs? over 100k?</p>

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<p>If you have a strong GPA and work hard, it’s a reasonable possibility. Not having a strong GPA is a serious handicap that will affect your entire career.</p>

<p>Do the larger accounting firms typically hire on older students? I went back to school a year ago.</p>

<p>I’m 25 and expect to be finished with my bachelors right after my 27th birthday from an AACSB accredited school. I was going to pursue an MTax part-time while working. I should have all four-sections of the CPA exam completed before I finish my bachelors.</p>

<p>Is it going to be difficult to find a job in accounting at my age?</p>

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<p>I completely disagree with this. After you work for a while, nobody cares about your GPA. Having a high GPA only gets your foot in the door, afterwards, it really doesn’t matter.</p>

<p>Oops wrong thread.</p>

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<p>I’m likely replying to this too late, but you can work in new york and live in new jersey which is drastically less expensive for living, and a very short commute. Ranging anywhere from 5 minutes to get to downtown Manhattan if you live near a train in downtown jersey city, or 15-25 minutes if you live along boulevard east where four buses and three livery type trucks run to mid town every 5-10 minutes. </p>

<p>Renting 1 br in downtown jersey can run anywhere from 900-1600 and 2brs for 1500-6000.</p>

<p>Boulevard east area can vary from 900-1400, 1000-4500 for 1 and 2 bedrooms respectively.</p>

<p>Question: Am I making the right school choice.</p>

<p>I am going to be going to a cc for accounting and was planning to transfer to one of two schools. My choices where either Rutgers School of Business in Newark or Montclair State University, both of them are AACSB accredited but Rutgers I beleive is a more known business school that MSU. The problem I am finding is that in order for me to go to Rutgers I’ll have to transfer and then spend an extra year just getting the required courses for me to major in Accounting, since most of the classes from the cc do not transfer. For MSU; however, they do. So I decided to go there in two years.</p>

<p>I think I am making the right choice because, I could end up going to Rutgers for a year and not be accepted into the accounting course. Where as if I apply to MSU and get accepted I wont have the problem of wasted money and time.</p>

<p>My question is should I give Rutgers a chance, stay for a year and hopefully get accepted. Or go for MSU?</p>

<p>scanner,</p>

<p>i would transfer to Montclair State and finish the undergrad. after undergrad, though, rutger sounds like a better option to get the macc to sit for the cpa. going to a well known school for masters can also boost opportunities for better jobs once you graduate.</p>

<p>I have a question.</p>

<p>How important is an M.S in Accounting?
I’m going to be graduating with a BBA with 150 credits. So I don’t really need to go to grad school to take the CPA. Should I still attend grad school? Or should I just stick with my BBA only? Do the Big4 favor a MS grad student over a BBA undergrad?</p>

<p>The Masters doesnt matter, as long as you have the CPA requirements for your state. The key is to get an internship for the summer before graduation. Most firms will then hire their interns, and if you don’t get hired, then you have the fall of your senior year to find a job.</p>

<p>At my school we have a 5 year BBA/MS program. I’m in the same boat as you, as I’ll have at least 160 credits when I finish my BBA. I need a few extra courses my school gives at the masters level to be CPA qualified(even the ethics course for some reason is graduate level) but the best reason for me to be in the program is that the Big Four and other CPA firms don’t really bother to recruit people just getting their BBA. Sure there might be a handful that will be CPA qualified like you, but not many. You can always drop out of the Master’s program if you’ve secured an offer and they tell you they’d like you to work earlier.</p>

<p>“the Big Four and other CPA firms don’t really bother to recruit people just getting their BBA”</p>

<p>This is not true. The Big 4 certainly recruit those with undergrad degrees. The key is that you have enough credits to sit for the CPA exam. I spoke with many recruiters in my college days and never once heard one say that they don’t look at students that are not getting a masters.</p>

<p>^while i agree that’s the key, i think it’s also very important they know you have that during the prescreening. if you are in that situation, let people know somewhere in your resume that you will be eligible to sit for CPA upon, say, graduation. many recruiters don’t have the time to call people and ask “are you eligible to sit for CPA exam?”. most BBAs don’t have more than 2 accounting courses so there’s no reason to assume they are qualified. picking only the accounting majors would make their screening easier and more efficient.</p>

<p>Things have changed in the recent years. The 150 credits is almost a requirement now.</p>

<p>The 150 credits IS a requirement in most states. The majority of cpas have a masters these days. I think eventually having a masters would also be a requirement.</p>

<p>It’s just becoming a norm these days.</p>