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Q: Does your college GPA or real-life experience have a larger impact on future possible employers?

This is a really good question! Honestly, I did not have the greatest GPA when I graduated from undergrad. But, I knew that I needed to have one in order to be looked at by potential employers. So…I stayed on another year to wrap up a Master’s Degree in Accountancy and gained a better GPA and a job offer during the first semester.

Having a great college GPA gets your foot in the door with your first employer so that you can work and gain the real-life experience that will have be what your future employers look at. They both work hand in hand.

Colleges & Classes, Internships & First Job

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Q: What is on the CPA exam?

Answered by:
AICPA

The CPA Exam consists of four sections:

Auditing and Attestation (AUD). This section covers knowledge of auditing procedures, generally accepted auditing standards and other standards related to attest engagements, and the skills needed to apply that knowledge.

Business Environment and Concepts (BEC). This section covers knowledge of general business environment and business concepts that candidates need to know in order to understand the underlying business reasons for and accounting implications of business transactions, and the skills needed to apply that knowledge.

Financial Accounting and Reporting (FAR). This section covers knowledge of generally accepted accounting principles for business enterprises, not-for-profit organizations, and governmental entities, and the skills needed to apply that knowledge.

Regulation (REG). This section covers knowledge of federal taxation, ethics, professional and legal responsibilities, and business law, and the skills needed to apply that knowledge. To learn more about the CPA Exam, visit www.cpa-exam.org.

CPA Exam & Certification

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Q: I am two classes away from getting my BA in Business Management, but I want to be a CPA what do I need to do?

I would go to the department chair, accounting coordinator, or Master of Accountancy director (if your school as one) at your school and ask these individuals because every state has different requirements. If you go and talk with them I would bring a listing of the courses you have already taken, because it may the case that some courses qualify and others do not.

Colleges & Classes, CPA Exam & Certification

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Q: How much free time do CPAs usually get a week and how much vacation time?

My firm promotes a work/life balance and we are compensated for the overtime that we work during tax/busy season. This compensation is either paid or vacation time. In addition to the standard two weeks of vacation per year, I usually receive an additional four weeks of vacation to take outside of busy season from the over time I’ve worked during tax season.

On a week to week basis, my schedule is usually full of client meetings, training classes, seminars, marketing events, client field work and in office work, but outside of busy season we only work a 38 hour work week, so there’s plenty of time for personal things. During busy season, we can work anywhere from 40 to 60 hours per week, which is a lot but pays off with those four weeks of vacation during the summer.

Work/Life Balance

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Q: Can you list 10 things that describe your work week?

1) Status updates to my engagement management

2) Client conversations

3) Providing on-the-job training to staff people

4) Budgeting engagements

5) Scheduling staff for jobs

6) Documenting testing procedures performed

7) Listening to a technical update during lunch hours

8) Going to work later because I worked out in the early morning

9) Building relationships with clients

10) Learning something new everyday

11) Bonus: Calling my wife from work to tell her when I will come home

Being a CPA, Work/Life Balance

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