I just finished my last class for my degree in accounting and now I am preparing to try to start my new career in accounting. I am 35 and currently work in logistics and have no accounting experience. Given my financial responsibilities I don't see how I can afford doing an internship and I want to make sure I choose the best path for me between a career in auditing vs taxes. My first lean is towards auditing but I would like to hear the pros and cons of each from anyone who has any experience.
Once I receive my transcripts I plan on studying for the CPA using Becker self study and I was wondering if it would be better to hold off on job searching until I pass at least one section. The reason I am thinking of holding off is because I have no accounting experience and even though I have years of work experience given the current competitive job market I have a feeling I will be overlooked.
I am in the same boat. I have an MBA in Accounting and 3 of 4 of the CPA exams complete (waiting on my final test results). Most jobs I see require experience and no one will look at me becuase I do not have experience. So how do you get experience if no one will hire you because you don't have experience?
Well, if you pass the CPA, Accounting firms will not care whether you have an experience or not, they will automatically hire you because you are CPA :)))
That is false. There's no such thing as "automatic" hiring, nowadays. First off, passing the four parts of the CPA exam doesn't make you a CPA since you need the experience requirement to become licensed. However, passing the CPA will certainly make you a more attractive candidate to accounting firms.
I wouldn't advise holding off on your job search. Networking should be a continual process. Especially in accounting, most major firms recruit heavily on-campus for interns and full-time hires. Internships are for juniors in their third-year of school and full-time positions are for seniors in their last year of school. Fall semester is the recruiting season for accounting. This information is not absolute, depending on what you are aiming for. Smaller firms may have different recruiting practices, but I would say, for the most part, what I have told you holds true. Best of luck.
This is not a false, i meant if you passed and met all the requirements and got CPA then automatic job is guaranteed if there is enough demand for accountants. Do you know that in America only 15-20% of all accountants are CPA, now imagine there are over 2 million accountants in the USA and 80% is not licensed. I will bet with you, if you are CPA you will definitely get a job... It is the highest credential in the business world, because they do everything from consulting, audit, tax, and even business valuation. If you don't have a licence you can't do these highly specialized things. Since there is not enough CPA's there is always demand not only in the USA, but also Globally. It is a recession proof field whether economy is bad or not you always need accountants to keep business running as smooth as possible. Believe me i didn't sign up for this website to write a crap.... I am graduating with an Accounting degree now, and i have friends already working for CPA firms those who got license had zero problems to finding a jobs. Off course they are all working in North East though...
Sorry, I was under the impression that you thought you could be a CPA without experience from your original statement. It still sounds a bit contradictory when I re-read it.
Anyhow, I still want to impress upon David that your best bet is to get an offer while still in school. Otherwise, consider graduate school. It'll also help with the new CPA requirements. Firms don't expect college graduates to have public accounting experience.
Here we go bro!!!!!!!!!!!! totally agree with you. Definitely, graduate school is a good option !!!!!!!!!!
Agree with Sarikedai, after the successful completion of CPA you wont have any further problem in life be that recession or anything. But the biggest problem is completion. How do you get into job for the first time is the biggest challenge.
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