SCHOOL NAME. Opportunities in Accounting DATE

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1 SCHOOL NAME Opportunities in Accounting DATE

2 DID YOU KNOW? Walter Diemer was an accountant for the FleerCorporationinthe1920 s.inhisspare time, he tinkered with recipes and created a chewy, rubbery substance better know as bubble gum.

3 TODAY s CPA Whatever you re interested in, accounting may be thechoiceforyou!becomeacpaandyou llhave options from CFO to FBI!

4 Careers In Accounting Public Accounting Business and Industry Government Not For Profit Education

5 Public Accounting A public accountant may be tasked with protecting the interest of anyone and everyone, from small family owned businesses to large publicly owned companies. Skills include audit and attest functions, tax consulting, financial planning, business valuations and other specialized services.

6 Staff Accountants Managers Partners Stockholders AND. Bookkeepers Payroll Managers Technology Experts Who are We?

7 Business and Industry Start up and Small Business Fortune 500 Companies Service Industry Technology Retail Entertainment Athletics

8 Who Are We? Controllers Tax Specialists Financial Analysts Chief Financial Officers Chief Executive Officers Internal Auditors and Accountants

9 DID YOU KNOW? Phil Knight, co founder and former CEO of Nike, is a CPA!

10 Government FBI Securities and Exchange Commission Department of Treasury IRS Department of Transportation State Agencies Municipalities School Boards, Local and State

11 Who Are We? Tax Specialist Budget Analyst Investigator Auditor Advisor Information Technology Specialist

12 DID YOU KNOW? Nearly 1,400 of the FBI s special agents are accountants. In fact, former FBI Deputy Director Thomas Pickard is a CPA.

13 Not For Profit Many CPAs who land a career in the field of non profit work for a cause that is meaningful to them. Non profit entities may not generate a HUGE budget so adherence to strict financial balance is very important.

14 Who Are We? Chief Financial Officers Chief Executive Officers Outside Consultant Controllers Fundraisers

15 Many CPAS have the opportunity to give back or hand down everything they know to undergraduate and graduate students in business and accounting programs. Subjects include: accounting, audit, tax, IT, ethics, business law, business applications, etc. Education

16 Who Are We? Professors Expert Witness in Litigation Experts in Information Analysis Authors of Professional Publications Leaders in the NEXT Generation of Business Professionals

17 DID YOU KNOW? John Grisham, author of A Time to Kill, The Firm, and many other bestselling novels, received his undergraduate degree in accounting from Mississippi State University.

18 CPA Specialties Forensic Accounting: A professional with a combination of financial expertise and investigative prowess. An estimated $600 billion this year in loses due to fraud; no wonder forensic accounting is one of the fastest growing business sectors.

19 CPA Specialties Environmental Accounting Financial experts who analyze internal and external costs of environmental impacts. Environmental accountants help the bottom line by analyzing the costs of pollution prevention for manufacturing. National Accountants look at the bigger picture by analyzing how natural resources are used.

20 CPA Specialties Entertainment Accounting With some networking and knowledge of the entertainment industry, CPAs have found a glamorous niche providing financial services to Hollywood studios, production companies, artists, technicians, etc. CPAs become the advisor and often the bad cop as accountants to the stars.

21 DID YOU KNOW? Jazz artist Kenny G. was an accountant before he became famous.

22 CPA & MBA What Does This Mean? Getting an MBA along with CPA Certification is usually not required but to some employers it can help you negotiate a higher salary. Public Accounting One fundamental job qualificaton remains the same: YOU MUST HAVE THE CPA CERTIFICATION!!!

23 I m The Boss! Starting Your Own Business Working with a Start Up Company Consultant CPA ACCOUNTING SKILLS can help you do it all!

24 Salaries Employer Jr. Level (0 3 yrs.) Sr. Level (4 6 yrs.) Public Accounting (large firm) $47,500 $66,250 $64,000 $83,000 Public Accounting (medium firm) $41,500 $59,500 $51,500 $76,250 Public Accounting (small firm) $40,000 $53,250 $52,000 $66,500 Corporate Accounting (large co.) $36,750 $55,000 $53,500 $71,250 Corporate Accounting (medium co.) $34,500 $50,500 $49,250 $63,000 Corporate Accounting (small co.) $32,000 $46,750 $45,000 $56,500 Position Large Co Small /Medium Co. Chief Financial Officer $177,750 $370,500 $91,000 $170,250 Corporate Controller $102,500 $161,500 $64,250 $117,000 Tax Manager $88,500 $123,750 $71,500 $95,250 ***CPA Certification Add around percent

25 Top Recruiting Question I am an average math student, can I still become a CPA? Absolutely! Math skills are an important part of the accounting major, but it s not the only part that matters. Articulate Thinking, Good Communication and Strong Leadership Skills are crucial to accountants and CPAs.

26 Supply and Demand Enrollment numbers, undergraduate and graduate students, in accounting is up dramatically WONDER WHY? Because there are so many available job opportunities in accounting and not enough people to fill them Study accounting; career opportunities are limitless!

27 Check out these websites for more information!

Accounting Career Student Worksheet

Accounting Career Student Worksheet The purpose of this worksheet is to give you perspective on what your job opportunities will look like as a non-cpa without a Masters degree or MBA vs what your job