The CPA Profession - Oklahoma Society of CPAs

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Transcript The CPA Profession - Oklahoma Society of CPAs

July 16, 2015
What do you want from a career?
What kind of lifestyle to you want?
The means by which all companies track and report on
their financial performance, internal processes and
systems.
It is a foundation for operating and managing all types of
businesses.
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Not all accountants are CPAs!
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A CPA is a person who has been certified by the
state.
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CPAs bound to higher levels of education,
examination, experience and ethics.
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More Career Opportunities
◦ Tax, audit/assurance, forensic accounting, etc.
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More Money
◦ CPAs earn 10-15% higher salaries
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More Respect
◦ Just like a PhD, JD, or MD, a CPA means you’re an expert in that
field
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Better Job Security
◦ One of the nation’s most recession-proof professions
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The Bureau of Labor Statistics predicts that the
demand for accountants and auditors will grow by 22%
between 2008 and 2018!
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This is a much faster average growth compared to
other occupations.
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Get a Bachelor’s degree or higher
Complete the college hour
requirements
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150 total hours
76 upper division hours
30 accounting hours
9 business elective hours
One class in external auditing
Pass all 4 sections of the CPA Exam
Pass the Professional Ethics Exam
Attain one year of work under a CPA
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Public Accounting
Business & Industry
Government
Non-profit
Education
Forensic Accounting
Law enforcement
Financial Planning
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CPAs are considered some of the most trusted
advisors in business.
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CPAs are continually being tested, educated, and
regulated by the government.
PUBLIC ACCTG
0-3 YEARS
4-6 YEARS
Large Firm
$44,500-$64,500
$62,000-$80,500
Medium Firm
$39,000-$57,500
$56,000-$73,000
Small Firm
$37,000-$51,500
$49,500-$63,500
INDUSTRY/GOV’T
0-3 YEARS
4-6YEARS
Large Company
$34,500-$53,000
$52,000-$68,000
Medium Company
$32,500-$49,500
$47,000-$61,000
Small Company
$30,500-$45,000
$42,500-$54,500
Source: 2011 Robert Half Accounting & Finance Salary Guide
National Average adjusted for Oklahoma City
To find out if you’d make a good CPA, answer the
questions below?
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Do you enjoy working with and meeting new people?
Would you like to earn a degree that offers a variety of career paths?
Do you want a career that is financially rewarding and offers
opportunity for advancement?
4. Do you enjoy giving advice to others?
5. Do you like to think of solutions to problems?
6. Do you want to work with the latest technology?
7. Do you want a job that offers stability?
8. Do you enjoy researching?
9. Do you want a career that is personally rewarding?
10. Are you comfortable working with numbers?
If you answered YES to five or more of the previous
questions, a career in Accounting and as a CPA might be
for you!
For more information on becoming a CPA
visit the following sites:
www.StartHereGoPlaces.com
www.ThisWayToCPA.com
www.OSCPA.com