It’s funny that egyptianBulk works at a mine as an accountant but looks like the miner that would excavate half a mountain himself.
LOLZ @ Nards
Yep mate its funny our GM keeps threatening me that he thinks I’ll be more useful as a dozer rather than an accountant
And hence the idea of T-Accountants we are number crunchers and pen pushers but we can push a shitload of weight around and we do scare people!!!
Tell me about it. I’m the 250lb kindergarten teacher!
LOLZ
WHat was the Arnie movie(Kindergarten Cop I think…)
Yeah, it’s sort of like that…in that the kids have almost zero fear of me ( same as in Arnie’s movie) , but if one of the little Taiwanese teachers looks at them for 5 seconds they start to cry.
[quote]therajraj wrote:
[quote]Teledin wrote:
Graduating Wednesday with my bachelor degree in accounting and finance. :)[/quote]
Congrats brah, are you getting a CPA after?
The Australian CPA and the Canadian CMA have mutual recognition in both our countries. How’s work life for a CPA in Australia?[/quote]
Generally pretty good I guess. Moving from career to career really doesn’t seem too difficult with the number of positions advertised. We have three options for professional accreditation - CPA, CA (Chartered Accountants) and NIA (National Institute of Accountants). Most do the CPA or CA program, with the CA being the more popular and to some extent preferred by employers because it is “more intense” than the CPA.
Just a little hard to get that first job. I’ve been getting shortlisted for most positions, having to attend various assessment centers but the competition is very good. What sucks is I can’t do any of the above mentioned programs without landing that first position. 
But yeah … they advertise the CPA program over here a lot, and really push the flexibility that it gives you to work abroad. I would ideally like to do it, but if my first employer recommends the CA, then I’ll do that instead. Really looking to get into some form of management accounting myself, but right now will settle for any one that gives me the opportunity. So I’m not fussed.
[quote]egyptianBulk wrote:
Just a place for people like us to hang out discuss the work-life balance aspect of things. The shock in the eyes of wimpy accountants when they see u waalking in for the first time.[/quote]
Haha funny about that, I went to the assessment center for the states biggest vehicle insurance company. As soon as I walked in, EVERYONES head turns and they all stare at me like I’m some alien. I was the thickest dude there out of 120.
puts on shades
[quote]therajraj wrote:
[quote]TD54 wrote:
I am kinda sort considering accounting as a back up plan to med school… So, do you accountants like your job? How much do you work? Any other random info would be very much appreciated[/quote]
LOL @ backup plan.
If you want to get a CPA license, you’re going to have to have a number of course hours in certain subjects. If you have a natural science related degree you won’t meet the required hours. This means you will have to do at least an additional year of courses (maybe more depending on the state you’re writing in) not to mention pass the 4 entrance exams for the actual CPA license.
[/quote]
Keep in mind i can major in ANYTHING and go to med school. I will be minoring in accounting. Not sure why you said “LOL @ backup plan”
[quote]TD54 wrote:
[quote]therajraj wrote:
[quote]TD54 wrote:
I am kinda sort considering accounting as a back up plan to med school… So, do you accountants like your job? How much do you work? Any other random info would be very much appreciated[/quote]
LOL @ backup plan.
If you want to get a CPA license, you’re going to have to have a number of course hours in certain subjects. If you have a natural science related degree you won’t meet the required hours. This means you will have to do at least an additional year of courses (maybe more depending on the state you’re writing in) not to mention pass the 4 entrance exams for the actual CPA license.
[/quote]
Keep in mind i can major in ANYTHING and go to med school. I will be minoring in accounting. Not sure why you said “LOL @ backup plan”[/quote]
Where are you located?
[quote]TD54 wrote:
[quote]therajraj wrote:
[quote]TD54 wrote:
I am kinda sort considering accounting as a back up plan to med school… So, do you accountants like your job? How much do you work? Any other random info would be very much appreciated[/quote]
LOL @ backup plan.
If you want to get a CPA license, you’re going to have to have a number of course hours in certain subjects. If you have a natural science related degree you won’t meet the required hours. This means you will have to do at least an additional year of courses (maybe more depending on the state you’re writing in) not to mention pass the 4 entrance exams for the actual CPA license.
[/quote]
Keep in mind i can major in ANYTHING and go to med school. I will be minoring in accounting. Not sure why you said “LOL @ backup plan”[/quote]
I am assuming you were going to take a pre-med major which is difficult and class heavy. Do pre-med majors even allow you to minor in something?
I’m not sure how accounting minors work, but some business MAJORS do not give students enough course hours to write the CPA exam. If you plan to be a CPA you’re going to have to do additional courses. Likely another year.
It’s not much of a backup plan when you have to do another year of courses.
I have a friend who couldn’t get past the MCAT, so now he’s becoming a nurse. Isn’t that a much more reasonable back up plan assuming you take a pre-med major?
To add, it also depends on the State you write for. Some have stricter rules than others.
Pre-Med isn’t a major I believe. It’s just a set of courses you take with whatever you major in that Med School’s require. A year of bio, chem, organic chem, physics [?], and some other shit.
But Raj is right, different places require a different number of course hours for you to be eligible for a designation. I don’t know if a minor would be enough, but it depends on how many courses you take.
I’ve heard of people doing a Master in Accounting to get enough hours, dunno much about that route though.
TD what are you majoring in?
[quote]LarryDavid wrote:
Pre-Med isn’t a major I believe. It’s just a set of courses you take with whatever you major in that Med School’s require. A year of bio, chem, organic chem, physics [?], and some other shit.
But Raj is right, different places require a different number of course hours for you to be eligible for a designation. I don’t know if a minor would be enough, but it depends on how many courses you take.
I’ve heard of people doing a Master in Accounting to get enough hours, dunno much about that route though.
TD what are you majoring in?[/quote]
From my understanding, pre-med majors are ones that contain the necessary courses required for med school.
These majors are generally intensive and have a lot of class. If you’re goal is med school and need certain courses is it even feasible to do a minor?
Me saying i am “pre med” just means that i am taking the required courses for medical school which include a year of gen chem ochem physics calc and bio. Beyond those classes, i can take whatever the hell i want and major in whatever i want. I am strongly considering majoring in economics and minoring in accounting, which would fulfill the course requirements to become an accountant.
I am a third year student, first at the UC i am at now. I’ll be here for two years beyond this, so 5 years of college total. I have plenty of time to grab a minor like accounting.
And no raj i refuse to be a nurse lol. I just have an attitude where i really want to challenge myself to be the very best i can be and being a nurse, working for doctors that accomplished what i didn’t, does not sound all too enticing to me hah
I should add that it’s not really a backup plan because i can pursue it to the fullest, as i can any other major. I’m just looking for something other than in the sciences because i know for a FACT if i do not make it into med school for whatever reason, i am NOT going to be involved in research. I HATE working in labs, so it makes the most sense to me to pursue a major/minor that i could see myself using in the real world if med school doesn’t pan out
If/when the AF thing doesn’t work out, I’m going to go to school and major in Accounting. The plan is to get my bachelor’s and work on the CPA later, mostly because Uncle Sam only pays for so much school at one time.
I was actually kind of astonished to learn that it’s more laws and other reading than math. Did anyone else think that was odd?
Also, can anyone recommend a minor that would compliment an Accounting major?
[quote]Mad HORSE wrote:
If/when the AF thing doesn’t work out, I’m going to go to school and major in Accounting. The plan is to get my bachelor’s and work on the CPA later, mostly because Uncle Sam only pays for so much school at one time.
I was actually kind of astonished to learn that it’s more laws and other reading than math. Did anyone else think that was odd?
Also, can anyone recommend a minor that would compliment an Accounting major?[/quote]
Marketing, Finance or Economics would be good minors.
But why are you doing a minor? Do you have interest in another subject? I doubt you will be at a disadvantage when looking for a job if you have a high GPA + some extra curricular activities.
I majored in Financial Management with a minor in Economics which I supplement with some Industrial management coursework, and it does really help having the economics/industrial back ground when working.
2nd to become a Management Accountant pre-knowledge of the production process will accelerate your on the job learning curve durastically
What’s going on in here guys?
[quote]DJHT wrote:
So this is the thread for advice on Taxes? Can PMPM write off how much she spends in pork products?[/quote]
No, hobby losses are only deductible to the extent of income, and on Sch A. So… It isn’t as advantageous as a straight deduction for a multitude of reasons, and big picture, your better off not having a hobby that makes money, but rather employment or self employment.
[quote]Mad HORSE wrote:
I was actually kind of astonished to learn that it’s more laws and other reading than math. Did anyone else think that was odd? [/quote]
Not after working in the industry, no. Unless you want to be a staff for life, you need to understand business.
After year 4 you really stop dealing with the day to day ticking and tying of things, and really get into the value added things. (Unless you are a mental midget and/or have zero ambition.)
But then again, I work in a small firm, and came into this environment on purpose. Larger firms may be different.
Management, english, law, etc.
Pretty much anything that gives you basic understanding of human behavior, teaches you how to not write like you belong in a trailer park or street corner, and gives you an understanding of things beyond “me debits and credits must tie, derpy derpy dur”
I would stay the fuck away from marketing. That is like drawing a stick figure with boobs on your resume, certain death. Marketing majors are for chicks and flunkies.
Finance is a double edged sword. the question we ask ourselves when we see it is “well, does he really want to do accounting?” They are two different things and honestly, no one wants to hire a smart ass who thinks he knows everything (every fucking college grad) AND thinks he is more valuable because he can discount a bond. You need to understand a lot of finance, but don’t let it detract from your goals.
[quote]therajraj wrote:
I doubt you will be at a disadvantage when looking for a job if you have a high GPA + some extra curricular activities.
[/quote]
The job market out of school in public fucking sucks these days.
We are a lagging industry in that we feel the effects of a downturn AFTER everyone else.
In that vein, people aren’t rushing out to spend money on fresh student who may or may not be retards once in the office. (People with experience is different.)
Anyone graduating this year, and next (possibly longer given gas going up and housing going down AGAIN) is at a disadvantage period, irrelevant to what is on their transcripts and resume. Unless we are talking about Duke grads here, obviously.