Everything you wanted to know or should know about accounting

<p>Thanks for the reply turtlerock, i saw your post.</p>

<p>Thanks for your feedback!
I had a feeling that the level of involvement would be pretty minimal regardless of which industry they placed me in but since they asked for my preference I thought that perhaps there actually might be a difference. But, now that I know that they are pretty much the same I feel a bit less pressure now to make the “right” decision.</p>

<p>I realize that your probably swamped with work at this point in the busy season and I just wanted to thank you again for valuable input.</p>

<p>Hi, can anyone get me a insight as to whether a person that graduates from BROOKLYN COLLEGE in new york in accounting and also going for CPA has a chance of getting hired in a medium-large sized firm? or maybe even granted an interview at the big4?</p>

<p>i asked because, everyone is talking about baruch and such and wondering if brooklyn can get me the same opportunity?</p>

<p>^Yes it can, but it will be much harder. As you know, Brooklyn College doesn’t have a business school, nor it has the AACSB accreditation. In addition, I heard that Queens College is better than Brooklyn for business.</p>

<p>Hah, you’re welcome, Baruchian. I think you’ll do well in the Big 4, attitude can do wonders for what people think of you.</p>

<p>Instead of focusing on industries, I would put more thought into whether you’re interested in being more of a partnership type person or a corporate/provision person. There are some people that do both, yes, but there are also many people that do not, and it can be hard to catch up later if you want to switch. </p>

<p>If you want some good perspective on different service lines I recommend you spend some time at the Tax Talent forum - a lot more tax people than you’ll find here.</p>

<p>I’m a tad bit lost</p>

<p>I got accepted to the accounting program at William Paterson University. So my questions are. </p>

<p>Do I get my B.S. in Accounting and than immediately take the CPA exam? Is that the usual process? </p>

<p>Or Can I minor in accounting and major in finance?</p>

<p>Also do people usually get their MS in x(specialized field) after taking the cpa?</p>

<p>Also to work for a accounting firm or the big 4…I just need the bs in accounting?</p>

<p>I’m so lost…</p>

<p>I got accepted to the accounting program at William Paterson University. So my questions are. </p>

<p>-Your school would answer these questions for you or point you to resources that will. </p>

<p>Do I get my B.S. in Accounting and than immediately take the CPA exam? Is that the usual process? </p>

<p>-depends on your states. Some states require more school/work before you take it. MOST states wont let you take it till after you have 150 semester/225 quarter credits. </p>

<p>-BUT, some jobs don’t require the CPA, and some students just wait. If you are getting a job that requires it, most students try to pass it as soon as possible so that they won’t have to work full time while studying at the same time. But that’s really a personal decision. </p>

<p>Or Can I minor in accounting and major in finance?</p>

<p>-why wouldnt you be able to? You can do whatever you want, but different majors will have different job opportunities. Minor in accounting is not the same as major. </p>

<p>Also do people usually get their MS in x(specialized field) after taking the cpa?</p>

<p>-people usually only get the MS if their state requires them to have more credits to get licensed/take the exam. </p>

<p>Also to work for a accounting firm or the big 4…I just need the bs in accounting?</p>

<p>-Yes</p>

<p>Are there any graduates from brooklyn college with the cpa and is doing fine?</p>

<p>can anyone chime in on the salary differences between lower cost of living areas like Texas/OKC/FL and the higher cost of living areas(NY/CHI/BOS,etc)</p>

<p>Anyone have any input or opinions on this program: </p>

<p>[DePaul</a> University : Strobel Honors Program](<a href=“University Registrar | DePaul University, Chicago”>University Registrar | DePaul University, Chicago)</p>

<p>It’s an honors accounting at Depaul University. Is this well known? Is it a very good option if one wants to go into accountancy? Or is it really no different/better than any other undergrad accounting?</p>

<p>Majoring in finance and minoring in accounting is good if you want to do a finance job. I work a finance role with a MPA type educational background and I certainly would have been better off with a few more finance classes in the place of a few accounting classes(AIS, Audit, cost accounting). I think you’d want to target jobs that are at the confluence of accounting and finance, e.g. business valuation(see Duff & Phelps for info), transaction advisory/due diligence(although the latter seems really boring) etc. Whether or not you can get those jobs depends on your school. </p>

<p>As far as Texas goes, you will definitely have a higher quality of life as an accounting/finance person. No question. I’m making 75k here(including performance bonus), nice apartment, nice car, eat out whenever I want, etc. Would that be remotely possible in NYC, Boston, etc? No way. But that might not be the same in other low cost of living areas that aren’t really benefiting from oil and gas activity.</p>

<p>Not sure if this was answered as i couldn’t read through all 140+ pages, but if someone wants a job in a NYC firm would they have to go to a school in New York, or would Rutgers be just as good to get recruited into a job in the city?</p>

<p>Do companys in need of people with accounting backgrounds respect accounting minors?
Im looking to go into some kind of finance and im thinking of majoring in Econ with a minor in accounting and statistics.
15 hrs of accounting including business valuation, intermed accounting principals, etc</p>

<p>Firefighter,
Going to a school in the city would make it easier, but if your a good candidate you wouldn’t have a problem at rutgers. I’m sure most students at rutgers look to go to NY after graduation. I go to FSU and I got a big 4 internship in chicago because that’s where I want to live after graduation.</p>

<p>Sent from my T-Mobile G2 using CC</p>

<p>I plan to go to my local community college (get my associates in business) and then transfer to a good four-year University (and major in accounting). My question is how difficult would it be for me to get an internship after my junior year compared to other students who went straight to a four-year?</p>

<p>@trevor, i was at community college and transferred to Haas/berkeley and got offers from all the big 4 firms during my junior year. u should have no trouble at all if u go to a good B school like haas/marshall</p>

<p>@DomCobb</p>

<p>Oh okay that’s great! I was a little worried.</p>

<p>Thanks for the reply!</p>

<p>Hi all!</p>

<p>Is it true that in New York, you are required to get a Masters in Accounting to be CPA eligible? I was planning to get my 150 credits in my 4 years of undergrad, but I heard that New York doesn’t allow that anymore and you are required to go to grad school to get 150.</p>

<p>Thanks</p>

<p>^ whoa what? Doesn’t that essentially mean that they won’t be hiring any more straight out of undergrad?</p>

<p>Unless its for the advisory peeps?</p>

<p>^The NYS does NOT require masters. This is what I know for sure. However, you need 33 credits in accounting plus a certain amount of business classes (56 or so) and other courses can be in anything. Generally, bachelors in accounting will only give you around 24 accounting credits, which means that you will need to take additional accounting classes to satisfy the requirement. </p>

<p>But it is true that, nowadays, most public accounting companies, including the big 4, recruit students between their 4th and 5th year. They actually ask when you will be done with 150 credits in advance. I don’t really like the idea of studying for 5 years and getting paid less than postal workers :(</p>