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Does Accounting Ever Get Interesting?

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Replies to: Does Accounting Ever Get Interesting?

  • angryengineerangryengineer 79 replies1 posts- Junior Member
    I realize I'm most likely in the wrong forum so accept any flack I may get but don't appreciate being disrespected based upon unfounded assumptions. Lil dawgie, you come across to me as a con artist with all the personal issues that go along with being one. Sorry, but arseholes are generally not the type of people I like to associate or engage into an debate with. Enjoy
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  • ijamjlijamjl 309 replies38 postsRegistered User Member
    You alleged unfounded assumptions, yet you've yet to disprove a single one of those assumptions as true. You had set the tone of your intentions from the beginning, clearly with disrespect. You then accused us of disrespecting you when the actual performances were expressions of facts (though Dawgie did throw in an opinion or two).

    I'm not trying to "attack" you, if you will, but rather I'm trying to get you to actually respond to what we are saying. However, you instead chose to continue your soliloquy.
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  • DawgieDawgie 1574 replies2 postsRegistered User Senior Member
    He can't respond. I already destroyed him. I mean, the guy thinks an artist on the street does more for society than people in business. Enough said. FAIL.
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  • aregularguyaregularguy 129 replies1 postsRegistered User Junior Member
    I dont understand this guy (or gal?). (angry engineer) I mean lets be honest most people dont study something because there trying "contribute to society." There trying to make a living while doing something they enjoy. Anyone who says otherwise is either a saint or full of s***.

    "I mean, the guy thinks an artist on the street does more for society than people in business."
    Agreed. Since when does any engineer show such reverence to artsies and use words like intrinsic (what?)
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  • Provo1345Provo1345 44 replies2 postsRegistered User Junior Member
    I disagree with most of the people here. Unless you've been in both Engineering an business you can't really argue anything. I started out in engineering, and although I could "hack it" for the limited time I was in it, I learned that I would hate being an engineer. That said, it's still tough. I remember exams in aero/astro
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  • Provo1345Provo1345 44 replies2 postsRegistered User Junior Member
    that the averages were like 34%. I never saw anything lower than a 70% average on my accounting exams. I haven't taken higher level accounting, because the dirt couple classes satisfied my needs but if you think for a second that accounting is tougher than thermodynamics, etc. Than you are a bit looney. On the other hand. It's unfair to judge business majors without walking in their shoes as well. Just because you hacked your way through an engineering program does not mean you are cognitively superior to any business major. Maybe that's what you told yourself when you spent your nights in college studying the nights away instead of partying in order to make yourself feel better. There are plenty of extremely intelligent business majors, there are a lot of dopes
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  • Provo1345Provo1345 44 replies2 postsRegistered User Junior Member
    as well. As a side note I would like to apologize for the multiple posts and the typos, I'll stop posting from my phone.
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  • trizz75trizz75 624 replies4 postsRegistered User Member
    "I never saw anything lower than a 70%, granted I never took a higher level accounting class."

    Another person contradicting themselves. You claim that accounting is relatively easier than engineering, yet you never took a higher level accounting class? Doesn't sound like you are the "qualified source" you claim to be.

    Anyways, I can just as easily refute your above claim by stating that in my accounting class, one person (according to the published grade distribution) has below 60% in the class, three people have below 73%, and the median score is about an 84%. This includes all curves, etc. This is an INTRO financial accounting class! To make a claim that a thermodynamics elective is substantially more difficult than the high level accounting electives is silly. An aerospace engineer will look at an exam for such a class just as dumbfounded as an accounting major would look at a thermodynamics exam. It's like comparing apples and oranges to use the cliche.
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  • angryengineerangryengineer 79 replies1 posts- Junior Member
    From: The Default Major: Skating Through B-School
    By DAVID GLENN
    Published: April 14, 2011

    http://www.nytimes.com/2011/04/17/education/edlife/edl-17business-t.html?pagewanted=1&_r=1

    Statement in relation to my soliloquy:

    "One of the institutions praised is Babson College, a business school in Massachusetts. Its president, Leonard A. Schlesinger, says that concrete business skills tend to expire in five years or so as technology and organizations change. History and philosophy, on the other hand, provide the kind of contextual knowledge and reasoning skills that are indispensable for business students."

    "Business majors spend less time preparing for class than do students in any other broad field, according to the most recent National Survey of Student Engagement: nearly half of seniors majoring in business say they spend fewer than 11 hours a week studying outside class And when business students take the GMAT, the entry examination for M.B.A. programs, they score lower than students in every other major."

    Comments:

    "I have a marketing firm with business and clients around the world. I would no more hire a business undergrad than I would sprout wings and fly to the moon. Philosophy, psych, English, religion, poli sci and history - come one, come all but a "business major", forget it. Not only can we teach liberal arts majors in a year what they need to know about "business", but I have found that graduates in the disciplines care about what they learned and were far more academically curious than a "business major". As a business owner I need brand new undergrads who are smart, can write, are curious and are willing to work. Other than some of the kids I run into during guest lectures at Wharton, this does not describe
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  • DawgieDawgie 1574 replies2 postsRegistered User Senior Member
    trizz, you have a point. By using his own logic, his position means absolutely nothing. Either way, I agree the engineering major itself is inherently harder than accounting. However, that does not mean that engineers are smarter than accountants.
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  • angryengineerangryengineer 79 replies1 posts- Junior Member
    The Audacious Epigone: Average IQ by occupation (estimated from median income)

    According to the average Occupation and IQ chart ranking:

    10. Petroleum engineer 126.1 superior
    18. Aerospace engineer 120.2 superior
    23. Software engineer 116.9 high average
    27. Electrical engineer 115.2 high average
    34. Civil engineer 112.2 high average
    35. Industrial engineer 111.8 high average

    58. Accountant 105.5 average
    156. Bookkeeper 94.1 average
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  • DawgieDawgie 1574 replies2 postsRegistered User Senior Member
    Nice average, why am I so much smarter and more successful than you then?
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  • biolifebiolife 9 replies0 postsRegistered User New Member
    angryengineer, I do not believe in the statistics. If you believe it, you forgot to include Financial Planner (#15): 122.8.
    Accountants/CPAs do financial planning. You can check these websites if you don't believe it. PFP
    [url=http://****/groups?mostPopular=&gid=3664590]AICPA Personal Financial Planning Section Members group | LinkedIn[/url]
    I guess Financial Planners (or CPAs in this case) are smarther than Nuclear engineers (121.1) and Aerospace engineers (120.2).
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  • DawgieDawgie 1574 replies2 postsRegistered User Senior Member
    According to the average Occupation and IQ chart ranking:

    3. Corporate executive 148.0

    10. Petroleum engineer 126.1 superior
    18. Aerospace engineer 120.2 superior
    23. Software engineer 116.9 high average
    27. Electrical engineer 115.2 high average
    34. Civil engineer 112.2 high average
    35. Industrial engineer 111.8 high average



    Fixed! Voila!
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  • jdnelyjdnely 108 replies5 postsRegistered User Junior Member
    Utterly ridiculous statistics.

    1) Stats like this include bookkeepers as accountants and you don't even need a higher education for it. It would be like including train engineers and repairmen in your average.

    2) IQ tests aren't valid for any real measurement. It's like a polygraph - if it really worked, they'd mandate it.
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  • angryengineerangryengineer 79 replies1 posts- Junior Member
    @biolife

    A CFP is not the same thing as a PFP.

    @jdnely

    There is a similar argument proposed by religious people that radiometric dating methods are not valid either.

    I don't need a statistical analysis to be 100% accurate nor are they meant to be. Using your analogy, there is still a very high probability rate of accuracy when using polygraphs. The repeatability of results side with their being a closer correlation towards accuracy being the rule rather than the exception.
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  • trizz75trizz75 624 replies4 postsRegistered User Member
    The inherit issue with those statistics is that the accountants category, if you were to see how many people comprise of it, is huge. It's not difficult to be an accountant, yes. But, to be a good one is just as distinguished as anything else. At that point, you should have risen from being an accountant to being a corporate executive. On the contrary, an engineer is an engineer. The lack of upward mobility allows the engineering categories to retain the superbly smart and motivated individuals in addition to those who would be considered average.

    I will agree that quite a number of business majors / professionals are in it for the wrong reasons, but that is precisely why using such statistics are silly.
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  • biolifebiolife 9 replies0 postsRegistered User New Member
    @angryengineer: the statistics only says financial planner. If you google "cpa cfp", you can see many CPAs got CFPs too. This shows that the statistics is flawed. So what's the total IQ for someone who passed the CPA and CFP exams?
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  • aregularguyaregularguy 129 replies1 postsRegistered User Junior Member
    @angryengineer you cant simply categorize people by an IQ test thats just wrong. I dont see what point your trying to make here. Accounting and engineering are entirely different fields. When you chose engineering you must've known it would be difficult. The same way I know it will be next year. You just sound bitter.
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  • angryengineerangryengineer 79 replies1 posts- Junior Member
    "If you believe it, you forgot to include Financial Planner (#15): 122.8."

    Post 92 was a response to the last sentence of post 91. The comparison was clearly stated in terms of Engineer vs Accountant. If others are going to be added then lets add an Actuary as well who ranks at 22 with a 116.9 IQ.

    According to Uncyclopedia:

    Engineers and Actuaries

    It is a common fact that Engineers and Actuaries have been at war for many years. It is unclear which party is currently winning the war. It is also unclear why the war was started in the first place, and what they are fighting about. Nevertheless, the Actuaries still continue to baffle engineers with crazy mathematical proofs to the 285'th decimal point (the main weapon of the Actuary). In defense, Engineers just round the numbers provided by the Actuaries to the nearest million. The duration of this war has been in dispute by both sides - Actuaries insist it started a couple of thousand years and 23.387223786261 seconds ago, while engineers insists it started a 1000 years ago.

    Also, Engineers are in general much better looking than Actuaries. This is not math or stats related, so Actuaries don't mind.


    Actuaries and Accountants:

    Actuaries are smarter than accountants. It is a simple fact (Just ask any Actuary). There are more accountants on corporate boards and senior management positions than actuaries...due to the existence of infinite many accountants but only a limited number of actuaries...yet it is commonly accepted that the actuaries on the boards are the real driving force. Actuaries are extremely smart. Accountants are not. Hundreds of thousands of new accountants go into the work place every year looking for jobs. This creates a huge supply for a much slower growing demand, forcing Accountants wages down into the dirt where they belong. Actuaries make it so hard to become an Actuary that the demand for Actuaries overwhelmingly exceeds the supply pushing up their wages into the heavens where they belong. A newly qualified accountant earns less than $30 000 per year where a newly qualified Actuary earns over $100 000 a year, hence why actuaries are at least 3 times better than accountants. This annoys accountants, who point out the difference between God and an Actuary is that God doesn't think He is an actuary.
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