CPA's  Have a World of Opportunities
<ul><li>CPA’s are Leaders </li></ul><ul><li>CPA’s are Advisors </li></ul><ul><li>CPA’s are Educators </li></ul><ul><li>CPA...
<ul><ul><li>Professional Services </li></ul></ul><ul><ul><ul><li>Work for several different companies </li></ul></ul></ul>...
<ul><li>Manufacturing </li></ul><ul><li>Retail  </li></ul><ul><li>Insurance & banking </li></ul><ul><li>Healthcare </li></...
<ul><li>Traditional Roles  </li></ul><ul><li>Unique Occupations </li></ul><ul><li>Growth Opportunities </li></ul><ul><li>S...
<ul><li>Auditing </li></ul><ul><li>Accounting and Consulting for Business </li></ul><ul><li>Tax Accounting, Preparation, a...
<ul><li>Securities and Exchange Compliance </li></ul><ul><li>FBI  </li></ul><ul><li>Government Auditing </li></ul><ul><li>...
<ul><li>Entertainment Accounting  </li></ul><ul><li>International Auditing </li></ul><ul><li>United Nations Accounting </l...
<ul><li>Software Consulting </li></ul><ul><li>E-Business </li></ul><ul><li>Developing and Testing Systems </li></ul><ul><l...
<ul><li>CPA’s Become the Leaders of Their Companies  </li></ul><ul><li>Many Become the CFO’s and CEO’s of Large and Small ...
Salaries for CPA’s (Source: 2009 Robert Half Salary Guide) <ul><li>Public Accounting Firms </li></ul><ul><li>0 – 3 years e...
<ul><li>Corporate Accounting  </li></ul><ul><li>0 – 3 years exp.   4 – 6 years exp. </li></ul><ul><li>Large Company   $38,...
<ul><ul><li>CPA  </li></ul></ul><ul><ul><ul><li>Bachelor’s or Master’s Degree in Accounting </li></ul></ul></ul><ul><ul><u...
<ul><ul><ul><li>Educational Requirement </li></ul></ul></ul><ul><ul><ul><ul><li>150 semester hours (225 qtr hrs) of colleg...
<ul><ul><li>Pass the CPA Exam </li></ul></ul><ul><ul><ul><li>New Format of the Exam </li></ul></ul></ul><ul><ul><ul><ul><l...
<ul><ul><li>Involved in activities </li></ul></ul><ul><ul><li>Professional </li></ul></ul><ul><ul><li>Good communication s...
<ul><ul><li>Assess:  What do you like to do? </li></ul></ul><ul><ul><li>Assess:  What are you good at? </li></ul></ul><ul>...
<ul><li>Research and apply to advantageous colleges & universities </li></ul><ul><li>Visit an office of an accounting prof...
<ul><li>Georgia Society of CPAs - www.gscpa.org </li></ul><ul><li>American Institute for CPAs – www.aicpa.org </li></ul><u...
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CPA's

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  • Two major categories for traditional accounting careers - Public Accounting is now being referred more and more as “Professional Services” given the vast number of business services we offer. It is no longer “just” doing taxes and auditing numbers. If that is all we did, they would find someone cheaper to do it! We are their business advisors. Often times the role of “business advisor” plays in Private industry as well. (Segue way into “private industry”)
  • LICENSE REQUIREMENTS ( Intro joke about “ Celebrity Deathmatch ” is a reference to a TV show on MTV that most students will understand. It is a claymation program which puts famous people against each other in a mock wrestling match.) -Complete 150 semester hours of education prior to taking exam in many states -Bachelor&apos;s Degree (but might as well get an advanced degree if you need 150 hours anyway!) -Pass 2-day Uniform CPA Exam -Have professional work experience (1-3 years depending on the state) -Required to take continual professional education to retain license -Must adhere to the profession&apos;s technical standards -Must maintain a high level of independence, objectivity and integrity (Governed by Code of Professional Conduct) WHY 150 HOURS? (5 year reference - most states) -Need to effectively communicate complex information -Think critically to advise cli3ents or employers in key business decisions -Understand constantly changing technology Write and pass an ethics exam
  • Professional- does not mean stuffy or stiff! Possibly hand out paper copy of BIS to emphasize the point and “make it real”.
  • Consider an emphasis or double major in a technology degree (MIS, Comp Sci) With these two combined, there isn’t much you can’t do!!! (Possibly use the career planning assessment that Kim Craig has. . .do we want to put on the internet?)
  • Involvement in civic and business organizations -currently -college -high school -classes -clubs -etc.
  • Involvement in civic and business organizations -currently -college -high school -classes -clubs -etc.
  • CPA's

    1. 1. CPA's Have a World of Opportunities
    2. 2. <ul><li>CPA’s are Leaders </li></ul><ul><li>CPA’s are Advisors </li></ul><ul><li>CPA’s are Educators </li></ul><ul><li>CPA’s are Managers </li></ul><ul><li>Respected People in Your Community </li></ul>What are CPA’s?
    3. 3. <ul><ul><li>Professional Services </li></ul></ul><ul><ul><ul><li>Work for several different companies </li></ul></ul></ul><ul><ul><ul><li>Provide audit, tax and consulting services </li></ul></ul></ul><ul><ul><ul><li>Travel </li></ul></ul></ul><ul><ul><ul><li>Top position is typically a partner in a firm </li></ul></ul></ul><ul><ul><li>Private Industry </li></ul></ul><ul><ul><ul><li>Work for one company or organization </li></ul></ul></ul><ul><ul><ul><li>Travel varies </li></ul></ul></ul><ul><ul><ul><li>Top positions consist of Controllers, Chief Financial Officers, Presidents of company </li></ul></ul></ul>Professional Services vs. Private Industry
    4. 4. <ul><li>Manufacturing </li></ul><ul><li>Retail </li></ul><ul><li>Insurance & banking </li></ul><ul><li>Healthcare </li></ul><ul><li>Not for profit </li></ul><ul><li>Government/Schools </li></ul><ul><li>Individuals </li></ul><ul><li>Information Technology </li></ul>What does “Private Industry” include?
    5. 5. <ul><li>Traditional Roles </li></ul><ul><li>Unique Occupations </li></ul><ul><li>Growth Opportunities </li></ul><ul><li>Salary Comparison </li></ul><ul><li>Requirements </li></ul>Topics of Discussion
    6. 6. <ul><li>Auditing </li></ul><ul><li>Accounting and Consulting for Business </li></ul><ul><li>Tax Accounting, Preparation, and Planning </li></ul><ul><li>Financial Planning </li></ul><ul><li>Payroll Tax Reporting </li></ul><ul><li>Sales Tax Reporting </li></ul><ul><li>Financial Reporting </li></ul>Traditional Roles
    7. 7. <ul><li>Securities and Exchange Compliance </li></ul><ul><li>FBI </li></ul><ul><li>Government Auditing </li></ul><ul><li>County Tax Assessor </li></ul><ul><li>Sales and Use Tax </li></ul><ul><li>Parks and Recreation </li></ul><ul><li>State and Local Government </li></ul>Unique Careers in Government
    8. 8. <ul><li>Entertainment Accounting </li></ul><ul><li>International Auditing </li></ul><ul><li>United Nations Accounting </li></ul><ul><li>World Bank Accounting </li></ul><ul><li>Risk Management </li></ul><ul><li>Non-profit such as Red Cross </li></ul><ul><li>Education </li></ul><ul><li>Accounting for a professional sports team </li></ul>Other Unique Careers
    9. 9. <ul><li>Software Consulting </li></ul><ul><li>E-Business </li></ul><ul><li>Developing and Testing Systems </li></ul><ul><li>Change Management </li></ul><ul><li>Security of Systems </li></ul><ul><li>Maintaining Accounting Systems </li></ul><ul><li>Project Management </li></ul>Technology Careers
    10. 10. <ul><li>CPA’s Become the Leaders of Their Companies </li></ul><ul><li>Many Become the CFO’s and CEO’s of Large and Small Companies </li></ul><ul><li>They are Trusted Business Advisors </li></ul><ul><li>Growth is Possible to the Top </li></ul><ul><li>**People with college degrees usually have greater growth opportunities </li></ul>Growth Opportunities
    11. 11. Salaries for CPA’s (Source: 2009 Robert Half Salary Guide) <ul><li>Public Accounting Firms </li></ul><ul><li>0 – 3 years exp. 4 – 6 years exp. </li></ul><ul><li>Large Firm $48,750 - $69,250 $66,250 - $86,750 </li></ul><ul><li>Medium Firm $42,500 – $62,500 $59,250 - $79,750 </li></ul><ul><li>Small Firm $41,000 - $56,000 $53,750 - $69,750 </li></ul>
    12. 12. <ul><li>Corporate Accounting </li></ul><ul><li>0 – 3 years exp. 4 – 6 years exp. </li></ul><ul><li>Large Company $38,000 - $67,500 $55,750 - $87,250 </li></ul><ul><li>Medium Company $37,750 – $58,000 $50,750 - $77,250 </li></ul><ul><li>Small Company $33,500 - $52,750 $46,500 - $64,000 </li></ul>Salaries for CPA’s (Source: 2009 Robert Half Salary Guide)
    13. 13. <ul><ul><li>CPA </li></ul></ul><ul><ul><ul><li>Bachelor’s or Master’s Degree in Accounting </li></ul></ul></ul><ul><ul><ul><li>Must pass CPA exam, other requirements </li></ul></ul></ul><ul><ul><ul><li>Starting wages </li></ul></ul></ul><ul><ul><li>Bookkeeper </li></ul></ul><ul><ul><ul><li>Two year education or less </li></ul></ul></ul><ul><ul><ul><li>Does not require CPA exam </li></ul></ul></ul><ul><ul><ul><li>Starting wages </li></ul></ul></ul>CPA vs. Bookkeeper
    14. 14. <ul><ul><ul><li>Educational Requirement </li></ul></ul></ul><ul><ul><ul><ul><li>150 semester hours (225 qtr hrs) of college course work </li></ul></ul></ul></ul><ul><ul><ul><ul><li>A baccalaureate degree & a minimum of 30 semester </li></ul></ul></ul></ul><ul><ul><ul><ul><li>(45 qtr hrs) in accounting above entry level and 24 semester (35 qtr hrs) in general business </li></ul></ul></ul></ul><ul><ul><ul><li>Experience Requirement </li></ul></ul></ul><ul><ul><ul><ul><li>Two years in public accounting </li></ul></ul></ul></ul><ul><ul><ul><ul><li>Five years in private industry </li></ul></ul></ul></ul>What are the requirements?
    15. 15. <ul><ul><li>Pass the CPA Exam </li></ul></ul><ul><ul><ul><li>New Format of the Exam </li></ul></ul></ul><ul><ul><ul><ul><li>Computer based instead of paper exam </li></ul></ul></ul></ul><ul><ul><ul><ul><li>Exams given quarterly during 2 months of each quarter </li></ul></ul></ul></ul><ul><ul><ul><ul><li>More focus on IT and general business knowledge </li></ul></ul></ul></ul><ul><ul><li>Continued CPE </li></ul></ul>What are the requirements? (Continued)
    16. 16. <ul><ul><li>Involved in activities </li></ul></ul><ul><ul><li>Professional </li></ul></ul><ul><ul><li>Good communication skills </li></ul></ul><ul><ul><li>Personable </li></ul></ul><ul><ul><li>Detail oriented </li></ul></ul><ul><ul><li>Strong academically </li></ul></ul><ul><ul><li>Overall business awareness </li></ul></ul><ul><ul><li>Leaders </li></ul></ul>Employers look for:
    17. 17. <ul><ul><li>Assess: What do you like to do? </li></ul></ul><ul><ul><li>Assess: What are you good at? </li></ul></ul><ul><ul><li>Leave yourself opportunities by… </li></ul></ul><ul><ul><ul><li>Maintaining your GPA </li></ul></ul></ul><ul><ul><ul><li>Involvement in activities--participate! </li></ul></ul></ul><ul><ul><ul><li>Do what you’re passionate about </li></ul></ul></ul><ul><ul><ul><li>Choose relevant courses such as: </li></ul></ul></ul><ul><ul><ul><ul><li>Bookkeeping/Accounting </li></ul></ul></ul></ul><ul><ul><ul><ul><li>Written Communications </li></ul></ul></ul></ul><ul><ul><ul><ul><li>Computer Applications </li></ul></ul></ul></ul><ul><ul><ul><ul><li>Oral Communications </li></ul></ul></ul></ul>What you can do now . . .
    18. 18. <ul><li>Research and apply to advantageous colleges & universities </li></ul><ul><li>Visit an office of an accounting professional </li></ul><ul><li>Speak to a member of professional organizations </li></ul><ul><li>Participate in a Job Shadow Program </li></ul>What you can do now . . .
    19. 19. <ul><li>Georgia Society of CPAs - www.gscpa.org </li></ul><ul><li>American Institute for CPAs – www.aicpa.org </li></ul><ul><li>CPA Exam – www.cpa-exam.org Georgia Secretary of State Professional Licensure - www.sos.state.ga.us </li></ul><ul><li>National Association of State Boards of Accountancy – www.nasba.org </li></ul>Sources of Information

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