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My state wants 150 hours of coursework, 30 hours of which should be accounting - if I go back to school for a bachelor's, that'll be at least 30 hours of accounting credits for my core classes and by then I'll have well over 150 total hours, so that's basically two semesters of work and I'm there. I was hoping that my bookkeeping experience would tick my "work in an accounting position for a year" box but I guess not... I assume I should figure that out using my school's resources (whichever school that may be) as I finish up the degree? Is it going to be much easier to get work if I go to a "prestigious" school vs. some random school in the mountains? Same question, but for a master's instead of a bachelor's?
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# ? Jun 15, 2024 02:05 |
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black.lion posted:My state wants 150 hours of coursework, 30 hours of which should be accounting - if I go back to school for a bachelor's, that'll be at least 30 hours of accounting credits for my core classes and by then I'll have well over 150 total hours, so that's basically two semesters of work and I'm there. I was hoping that my bookkeeping experience would tick my "work in an accounting position for a year" box but I guess not... I assume I should figure that out using my school's resources (whichever school that may be) as I finish up the degree? Is it going to be much easier to get work if I go to a "prestigious" school vs. some random school in the mountains? Same question, but for a master's instead of a bachelor's? At least in my state, the hours of accounting schoolwork need to be specific accounting courses so you may want to check on what your state wants. My state also requires that my 1-year of experience be under an active CPA doing actual accounting work (I dont remember the wording they use). Check the cpa board site for your state, it should specifically list all requirements you need to be take the exam and be certified. Orthodox Rabbit fucked around with this message at 20:01 on Aug 24, 2015 |
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SarutosZero posted:At least in my state, the hours of accounting schoolwork need to be specific accounting courses so you may want to check on what your state wants. My state also requires that my 1-year of experience be under an active CPA doing actual accounting work (I dont remember the wording they use). Check the cpa board site for your state, it should specifically list all requirements you need to be take the exam and be certified. In addition to this, Illinois doesn’t start the one year of experience clock until after you attain the education (150 hour) requirement. Just another thing to keep in mind if your state is similar.
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Anyone else waiting on results tonight? I'm hoping to find out that I passed FAR, which would leave AUD as my last remaining section. But I'm not sure if I did good enough on the simulations to get a passing score.
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SarutosZero posted:If I can pass FAR I guarantee you can too. Holy poo poo that test was hard. One of my task based simulations had stuff that I didn't think was even covered in my course materials. I completely guessed for an entire TBS, and i think my testlets went med-med-hard and then diabolical for my TBS. If i pass this, it will be the greatest accomplishment I've ever done.
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Turd Nelson posted:Holy poo poo that test was hard. One of my task based simulations had stuff that I didn't think was even covered in my course materials. I completely guessed for an entire TBS, and i think my testlets went med-med-hard and then diabolical for my TBS. If i pass this, it will be the greatest accomplishment I've ever done. I remember my FAR simulations were absurd as well. What an awful test. I hope you passed so you never have to see it again.
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SarutosZero posted:I remember my FAR simulations were absurd as well. What an awful test. I hope you passed so you never have to see it again. Thanks for the encouragement! I'm dreaming of a day when all of these tests are behind me. Next one is at the end of november. Just gotta learn how to do audit now!
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Turd Nelson posted:Just gotta learn how to do audit now! ![]()
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Turd Nelson posted:Thanks for the encouragement! I'm dreaming of a day when all of these tests are behind me. Next one is at the end of november. Just gotta learn how to do audit now! Good documentation and formatting will set you way ahead of most of your peers, at least for your first year.
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Having done audit and tax work, tax is universes more interesting (particularly tax consulting work), IMO.
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FML, I think my supervisor from my last job is going to give me the cold shoulder on my CPA work experience. Now I have to start the long, laborious process of bringing it to the attention of the Board of Accountancy, and the only reason I took the job in the first place was for work experience hours.
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Can you ask your supervisor's supervisor?
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Really glad I'm doing my CPA stuff now before the 2017 changes.
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Whats changing in 2017?
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black.lion posted:Whats changing in 2017? This is what was in the update I got about it: quote:The CPA exam is going to have many changes in 2017. The changes culminate in an exam that is more difficult with questions that test candidates at higher levels of knowledge. The tl;dr is that the exam is getting harder starting 2017.
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Guess I better at least knock out FAR and REG before 2017, since those changes look terrible.
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Mandalay posted:Can you ask your supervisor's supervisor? My supervisor is the only CPA at the company and must be involved in the sign-off. In any case, I suspect the static I'm getting may be because the Controller, her supervisor, doesn't want to sign off. He's not a CPA and doesn't have to do anything.
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SarutosZero posted:This is what was in the update I got about it: Well I guess I have plenty of time to study ![]()
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Re: the new CPA exam, there is an exposure draft that outlines all the changes. Some include the increasing of the length of BEC and AUD by an hour each, adding 8-12 more simulations in total (including in BEC; at the expense of ~40 multiple choice questions), and a new type of sim. Interesting reading and I'm sure glad I passed already. http://www.aicpa.org/BecomeACPA/CPAExam/nextexam/DownloadableDocuments/Next-CPA-Exam-Exposure-Draft-20150901.pdf
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If accountants don't enjoy making GBS threads on each other enough...
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Where would I find news on specific companies regarding the new GAAP and IFRS regulations? Google's not helping and my professor less-so.
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Can you be more specific about what kind of news you're looking for?
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I'm finally going to get back to completing my CPA. I'm realizing I can't really get to where I want without it. Only wasted a couple years putting off studying, plus a few thousand on a prep course! So before I go spending any more money, is Roger CPA worth it? I'll be doing the fresh start discount course for $1,300 plus all the testing fees, for about $2,300 or so. I suppose I could just get a cheap book and buy a MCQ bank, but spending more without going in to the $3k range for Becker gets me a complete course in Roger. I haven't seen anything negative about it, and whatever it takes to get me to pass, I will sacrifice. For those who have used it, how user friendly are the MCQ and simulations? I signed up for a free trial, but those are not included.
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Moneyball posted:I'm finally going to get back to completing my CPA. I'm realizing I can't really get to where I want without it. Only wasted a couple years putting off studying, plus a few thousand on a prep course!
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If you're paying for it yourself, would you do it again now after trying it out?
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Another question- I have the old Becker books with all of the notes taken. I didn't get much out of the lectures, maybe the ability to revisit a section helped, but I just watched them once to take the notes (I believe I saw that recommended somewhere) The consensus seems to be just drill MCQ over and over, maybe make some flash cards. Not that it's a good idea to cheap out on things, but would it be worth it to try just buying a test bank like Another71's Ninja MCQ, dipping my toe in for $47, seeing how useful just drilling MCQ is? I could supplement that with the notes from the Becker book and google any questions I need help on. Or I could go ahead and buy the Roger course.
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On leave as of tonight, one week to prep for NZ PCE.
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NZ PCE finished. hosed up a WACC calc and my notes on impairment were trash. Still, it's over.
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I thought I might ask here instead of the interviewing thread: I'll be interviewing with a partner or two next week at one of the Big Four's here in Melbourne for an Audit Senior position, so I was wondering if anyone had any advice on what to expect? ![]()
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So my younger brother (M.A. in accounting, currently taking CPA tests) recently got an offer from PWC in a large US metro area for some associate position. I'm just some lawtalking guy, but it sounds a lot like "big law" in the sense that the grind the poo poo out of you, pay you more than you'd expect to make (though way less than big law), but it gives you a lot of openings. Is that roughly true? Also is there a reason not to take that job v. medium established firms in midmarkets he'd be happy to live in.
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nm posted:So my younger brother (M.A. in accounting, currently taking CPA tests) recently got an offer from PWC in a large US metro area for some associate position. PwC in a major metro will definitely grind the poo poo out of you but not as much as in big law, and the real grind starts after year 3 (PwC has 3 years as staff). The big 4 are way better for your resume than medium size firms and i wouldn't say the medium size firms are all that much nicer on average to their staff/seniors. Depends on the firm of course
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The benefits are nice, and they actually have a system whereby current employees can find out about positions with clients. You work a lot, but in off-peak seasons it's much closer to a 40 hour/week job. Of course it depends what line of service he's looking at.
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Hurt Whitey Maybe posted:The benefits are nice, and they actually have a system whereby current employees can find out about positions with clients. You work a lot, but in off-peak seasons it's much closer to a 40 hour/week job. Of course it depends what line of service he's looking at. The benefits are nice but in a major metro you're still only getting to around 40 in off peak because you're still eating hours and also not counting your 3 hour daily commute.
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They will also not pay you very much. $50k starting in some places doesn't go very far.
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chupacabraTERROR posted:They will also not pay you very much. $50k starting in some places doesn't go very far. Yeah, $50k won't buy poo poo there. Dunno what salary they are offering. Do they do lockstep salaries?
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nm posted:Yeah, $50k won't buy poo poo there. Dunno what salary they are offering. What city? I can probably tell you the intro rate by city
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Good Citizen posted:What city? I can probably tell you the intro rate by city SF
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nm posted:SF Oh god don't start in SF. But yeah they're in the top tier of pay so probably a little more than 57k first year with 3k signing bonus and around 5k for finishing the CPA in the first year
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Good Citizen posted:Oh god don't start in SF. But yeah they're in the top tier of pay so probably a little more than 57k first year with 3k signing bonus and around 5k for finishing the CPA in the first year Why not SF? Office issue or can't afford to making under 7 figures issue?
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# ? Jun 15, 2024 02:05 |
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nm posted:Why not SF? Mostly cause cost of living there is hell and pay tiers don't rate it higher than the other more affordable tier 1 markets.
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