Anyone studying accounting/accountancy here?
What route have you persued and how long have you left until you qualify?
Re: accountancy
Did do once.
Dropped out as I got a scholarship for Czech Uni.
Went into medicinal field instead.
Accountancy is a brisk
Re: accountancy
I have completed 3 years of uni in business and management but I'm taking a break from studies and currently working fulltime as an accountant with a CPA and love it. I'm planning to back to school next year though. I wanna go for a CPA certification too but let's see what Allah wants for me. :)
Re: accountancy
I am doing my bachelors in both Accounting and Finance. I decided to take Finance as my second major in order to complete the 150 hour requirement for CPA exam. Once I graduate I plan to enroll for one of the CPA prep courses and clear all four parts before I start working full time in September 2007.
A lot of universities (including mine) offer an accelerated 5 year program called PPIA (Professional Program in Accounting) which is basically a combination of both Masters and a Bachelors degree in Accounting. The program basically prepares candidates for a career in public accounting. At the end of this program you will earn a Bachelors and a Masters degree in Accounting. Also at the end of this program you will have completed the 150 hour requirement for CPA. The only reason I didn’t sign up for this program was it was expensive (considering that I am an international student).
I did my internship with a big four accounting firm earlier in spring 2006. It was 10 week long (that’s a standard with all big 4’s). As an intern you get paid overtime, oh man I miss those fat paychecks. Also as an intern you get a good sign in bonus. You also get another sign in bonus 6 months prior to starting full time employment (i.e if you accepted full time offer). Well my experience with the firm was very positive, I liked it. I was offered a full time position with the firm which I accepted. Big four firms are quite flexible with respect to employment start dates and work place as well. I would definitely recommend that you do internship as it will give you a feel of auditing/tax/consulting what ever you are planning to do.
The most important advice I can give you is: go to a good school! I was amazed to see the number of students top firms pick from top schools. If you go to a top ranking school (top 30 maybe) you are more likely to be offered internships and full time offers from top firms. But if you, like me, for some reason can’t go to a top school your best bet might be your GPA. I, due to lack of information, couldn’t attend a good school. A lot of these schools offer full scholarships based on SAT I scores. Or you can first go to a community college, maintain a perfect GPA (it’s easy believe me) and then try applying in some of the top schools. My university is average but I tried my best to maintain above average GPA. As a result I was one of the four students offered internship by a big 4. I hope you get the idea.
Re: accountancy
^^^ i know abt professional qualifications such as aca, acca, cima etc
what is CPA???
and what is GPA?
thanks
and how about getting into professional qualification through graduate trainee programmes!?
get paid plus exam fees, and the work experience conditions are also met!
Re: accountancy
and what is GPA?
thanks
and how about getting into professional qualification through graduate trainee programmes!? get paid plus exam fees, and the work experience conditions are also met!
CPA stands for Certified Public Accountant (like CA is for Chartered Accountancy)
GPA stands for Grade Point Average and it's the quality index used in American Schools, a means of evaluating school performance. A GPA of 4.00 means excellent/exceptional performance, 3.00 means above average, 2.00 average & 1.00 poor.
I do not know about Graduate Trainee Programs, never heard of it before. Are you in Europe? I have heard people from U.k talk about CIMA and ACCA. A friend of mine works for KPMG in London and he is preparing for CA. If I remember correctly he told me there are 12 parts to CA. I was like wow. Here in U.S we have to clear four parts in order to get CPA certification. Those are Financial Accounting, Audit, Business Environment and Concepts and Regulation. Nevertheless, from what I have heard it is very hard and nerve racking.