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Accountants: Do you like your job? - Page 8

post #106 of 273
Quote:
Originally Posted by Bruce9241 View Post
I think acccountants are all gay.

This is the most ridiculous statement I have ever heard.
post #107 of 273
Quote:
Originally Posted by mkarim View Post
This is the most ridiculous statement I have ever heard.

Indeed...only half of them are.
post #108 of 273
his objective was to make accountants look like bumbling idiots.
he succeeded.
post #109 of 273
Quote:
Originally Posted by warmpi View Post
his objective was to make accountants look like bumbling idiots.
he succeeded.

Hardly.....
post #110 of 273
Hello accountants. Had to resurrect this thread.

So as many of you know, starting August New York State will require 150 credits (5 years) to earn your accounting degree. Unfortunately for me, I have 100 credits and fall into a shitty position because if this rule wasn't implemented I would have been graduating in December if the 120 credit rule was not changed to 150.

So to the experienced accountants here: What effect do you think this will have on current accounting students and hiring? What about internships? Now that I have fallen into this category when is the ideal time to intern?


Thanks in advance
post #111 of 273
Thread Starter 
Quote:
Originally Posted by Johnny_5 View Post
Hello accountants. Had to resurrect this thread.

So as many of you know, starting August New York State will require 150 credits (5 years) to earn your accounting degree. Unfortunately for me, I have 100 credits and fall into a shitty position because if this rule wasn't implemented I would have been graduating in December if the 120 credit rule was not changed to 150.

So to the experienced accountants here: What effect do you think this will have on current accounting students and hiring? What about internships? Now that I have fallen into this category when is the ideal time to intern?


Thanks in advance


Johnny, are you sure it's 150 to graduate, or 150 to be eligible for the CPA? Here in CA, you need 120 to get the BA, but 150 if you want to pursue the CPA.
post #112 of 273
Yep. In NY it's 150 as of August 1st.
post #113 of 273
No big effect. NY was one of the last major states to hold out. Just about every other state was already on the 150 rule and it's been this way for awhile.

I always thought the best time to intern was after you've completed at least 3 years and are at least 21 years old. Internships have a lot of parties/happy hours and you don't want to be the odd man out not with the rest of your coworkers because you're too young.
post #114 of 273
Thread Starter 
Quote:
Originally Posted by Johnny_5 View Post
Yep. In NY it's 150 as of August 1st.

Man, that's tough. Ours is still 120, so I'll get my BA and then work probably, while taking the extra 30 units of CPA courses (they're offered only at night) if I decide to go for the CPA.
post #115 of 273
Regarding the 150 hour rule, you will find it difficult to get hired by a public firm if you don't have a plan in place to get enough hours to become CPA-eligible. In NC, where we've had this requirement for a while, most internships take place after graduation from a four year degree and before entry into the fifth-year masters program. As I'm sure you're aware, most offers from (larger) public firms take place after the internship is concluded.
post #116 of 273
Quote:
Originally Posted by Viktri View Post
There are salary reports issued by the CICA up to 2007. It shows a heavy skew in the median/mean salary of the CAs is mostly due to owner's earnings (partners) and work experience (most CAs in BC - 79% - earned their CAs before 2002 - the majority of CA's in BC are mid-30's or beyond). when you only look at non-owner salaries, the picture is much less rosy.
Agreed. Those stats are the ultimate BS to feed new gradutes. According to the 2007 Alberta survey the average salary for a CA with a CBV is $290,286. I wanted to enroll in the CBV program right after reading that. But when I actually talked to some CBV's at big4 firms, they just laughed when I told them that.
post #117 of 273
Quote:
Originally Posted by Texasmade View Post
No big effect. NY was one of the last major states to hold out. Just about every other state was already on the 150 rule and it's been this way for awhile.

I always thought the best time to intern was after you've completed at least 3 years and are at least 21 years old. Internships have a lot of parties/happy hours and you don't want to be the odd man out not with the rest of your coworkers because you're too young.

LOL. Well it's the opposite now because I am 23 years old...
post #118 of 273
Thread Starter 
Quote:
Originally Posted by FidelCashflow View Post
Agreed. Those stats are the ultimate BS to feed new gradutes.

According to the 2007 Alberta survey the average salary for a CA with a CBV is $290,286. I wanted to enroll in the CBV program right after reading that. But when I actually talked to some CBV's at big4 firms, they just laughed when I told them that.

LOL I hope to be choosing between a $45K private or govt. job and a $50K public job when I get out, I feel sorry for the people thinking they'll be making that much $
post #119 of 273
Quote:
Originally Posted by longskate88 View Post
LOL I hope to be choosing between a $45K private or govt. job and a $50K public job when I get out, I feel sorry for the people thinking they'll be making that much $
You don't get the CBV straight out of school so your comparison is invalid. From my understanding, CBV tend to make more $ because they value assets and because they tend to be more experienced (= more $).
post #120 of 273
Quote:
Originally Posted by Viktri View Post
You don't get the CBV straight out of school so your comparison is invalid. From my understanding, CBV tend to make more $ because they value assets and because they tend to be more experienced (= more $).
True, but $290K is nowhere near what your average CBV in public practice is making, unless they're a partner.
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