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CPA's Have a World of
Opportunities
CPA's Have a World of
Opportunities
What are CPA’s?
CPA’s are LeadersCPA’s are AdvisorsCPA’s are EducatorsCPA’s are ManagersRespected People in
Your Community
CPA’s are LeadersCPA’s are AdvisorsCPA’s are EducatorsCPA’s are ManagersRespected People in
Your Community
Professional Services vs. Private Industry
Professional Services Work for several different companies Provide audit, tax and consulting
services Travel Top position is typically a partner in a
firm Private Industry
Work for one company or organization Travel varies Top positions consist of Controllers,
Chief Financial Officers, Presidents of company
Professional Services Work for several different companies Provide audit, tax and consulting
services Travel Top position is typically a partner in a
firm Private Industry
Work for one company or organization Travel varies Top positions consist of Controllers,
Chief Financial Officers, Presidents of company
What does “Private Industry” include?
Manufacturing Retail Insurance & banking Healthcare Not for profit Government/Schools Individuals Information
Technology
Manufacturing Retail Insurance & banking Healthcare Not for profit Government/Schools Individuals Information
Technology
Topics of Discussion
Traditional Roles
Unique Occupations
Growth Opportunities
Salary Comparison
Requirements
Traditional Roles
Unique Occupations
Growth Opportunities
Salary Comparison
Requirements
Traditional Roles
Auditing Accounting and Consulting for
Business Tax Accounting, Preparation,
and Planning Financial Planning Payroll Tax Reporting Sales Tax Reporting Financial Reporting
Auditing Accounting and Consulting for
Business Tax Accounting, Preparation,
and Planning Financial Planning Payroll Tax Reporting Sales Tax Reporting Financial Reporting
Unique Careers in Government
Securities and Exchange Compliance
FBI Government AuditingCounty Tax AssessorSales and Use Tax Parks and RecreationState and Local
Government
Securities and Exchange Compliance
FBI Government AuditingCounty Tax AssessorSales and Use Tax Parks and RecreationState and Local
Government
Other Unique Careers
Entertainment Accounting International Auditing United Nations Accounting World Bank Accounting Risk Management Non-profit such as Red Cross Education Accounting for a professional sports
team
Entertainment Accounting International Auditing United Nations Accounting World Bank Accounting Risk Management Non-profit such as Red Cross Education Accounting for a professional sports
team
Technology Careers
Software Consulting E-Business Developing and Testing
Systems Change Management Security of Systems Maintaining Accounting
Systems Project Management
Software Consulting E-Business Developing and Testing
Systems Change Management Security of Systems Maintaining Accounting
Systems Project Management
Growth Opportunities
CPA’s Become the Leaders of Their Companies
Many Become the CFO’s and CEO’s of Large and Small Companies
They are Trusted Business Advisors
Growth is Possible to the Top **People with college degrees usually have greater growth opportunities
CPA’s Become the Leaders of Their Companies
Many Become the CFO’s and CEO’s of Large and Small Companies
They are Trusted Business Advisors
Growth is Possible to the Top **People with college degrees usually have greater growth opportunities
Salaries for CPA’s(Source: 2009 Robert Half Salary Guide)
Public Accounting Firms0 – 3 years exp. 4 – 6 years exp.
Large Firm $48,750 - $69,250 $66,250 - $86,750
Medium Firm $42,500 – $62,500 $59,250 - $79,750
Small Firm $41,000 - $56,000 $53,750 - $69,750
Public Accounting Firms0 – 3 years exp. 4 – 6 years exp.
Large Firm $48,750 - $69,250 $66,250 - $86,750
Medium Firm $42,500 – $62,500 $59,250 - $79,750
Small Firm $41,000 - $56,000 $53,750 - $69,750
Corporate Accounting 0 – 3 years exp. 4 – 6 years exp.
Large Company $38,000 - $67,500 $55,750 - $87,250
Medium Company $37,750 – $58,000 $50,750 - $77,250
Small Company $33,500 - $52,750 $46,500 - $64,000
Corporate Accounting 0 – 3 years exp. 4 – 6 years exp.
Large Company $38,000 - $67,500 $55,750 - $87,250
Medium Company $37,750 – $58,000 $50,750 - $77,250
Small Company $33,500 - $52,750 $46,500 - $64,000
Salaries for CPA’s(Source: 2009 Robert Half Salary Guide)
CPA vs. Bookkeeper
CPA Bachelor’s or Master’s Degree
in AccountingMust pass CPA exam, other
requirementsStarting wages
BookkeeperTwo year education or lessDoes not require CPA examStarting wages
CPA Bachelor’s or Master’s Degree
in AccountingMust pass CPA exam, other
requirementsStarting wages
BookkeeperTwo year education or lessDoes not require CPA examStarting wages
What are the requirements?
Educational Requirement 150 semester hours (225 qtr hrs)
of college course work A baccalaureate degree & a
minimum of 30 semester (45 qtr hrs) in accounting above
entry level and 24 semester (35 qtr hrs) in general business
Experience Requirement Two years in public accounting Five years in private industry
Educational Requirement 150 semester hours (225 qtr hrs)
of college course work A baccalaureate degree & a
minimum of 30 semester (45 qtr hrs) in accounting above
entry level and 24 semester (35 qtr hrs) in general business
Experience Requirement Two years in public accounting Five years in private industry
What are the requirements? (Continued)
Pass the CPA ExamNew Format of the
Exam Computer based
instead of paper exam Exams given quarterly
during 2 months of each quarter
More focus on IT and general business knowledge
Continued CPE
Pass the CPA ExamNew Format of the
Exam Computer based
instead of paper exam Exams given quarterly
during 2 months of each quarter
More focus on IT and general business knowledge
Continued CPE
Employers look for:
Involved in activitiesProfessionalGood communication skillsPersonableDetail orientedStrong academicallyOverall business
awarenessLeaders
Involved in activitiesProfessionalGood communication skillsPersonableDetail orientedStrong academicallyOverall business
awarenessLeaders
What you can do now . . .
Assess: What do you like to do?Assess: What are you good at?Leave yourself opportunities by…
Maintaining your GPAInvolvement in activities--participate!Do what you’re passionate aboutChoose relevant courses such as:
Bookkeeping/Accounting Written Communications Computer Applications Oral Communications
Assess: What do you like to do?Assess: What are you good at?Leave yourself opportunities by…
Maintaining your GPAInvolvement in activities--participate!Do what you’re passionate aboutChoose relevant courses such as:
Bookkeeping/Accounting Written Communications Computer Applications Oral Communications
What you can do now . . .
Research and apply to advantageous colleges & universities
Visit an office of an accounting professional
Speak to a member of professional organizations
Participate in a Job Shadow Program
Research and apply to advantageous colleges & universities
Visit an office of an accounting professional
Speak to a member of professional organizations
Participate in a Job Shadow Program
Sources of Information
Georgia Society of CPAs - www.gscpa.org
American Institute for CPAs – www.aicpa.org
CPA Exam – www.cpa-exam.org Georgia Secretary of State Professional Licensure - www.sos.state.ga.us
National Association of State Boards of Accountancy – www.nasba.org
Georgia Society of CPAs - www.gscpa.org
American Institute for CPAs – www.aicpa.org
CPA Exam – www.cpa-exam.org Georgia Secretary of State Professional Licensure - www.sos.state.ga.us
National Association of State Boards of Accountancy – www.nasba.org
