Why would you let someone else decide your career path? There is no standard career path, and you can’t afford to sit back and do as your’re told. It’s not enough. What can CPAs do to make sure you don’t become someone else’s idea of who you should be? Rebekah Brown, CPA of the Maryland Society of CPAs teaches students and CPAs alike on the crucial skill of owning your career.
4. A profession has 3 major attributes:
• A distinct and evolving body of knowledge
• A commitment to the public interest – licensed by
the government
• A code of conduct and ethics
State CPA License
5. The CPA profession is part of the bigger infrastructure
that supports the US free market system. Like the pipes under urban
streets, it is often invisible until it breaks.
A useful framework to understand the
CPA profession
7. 91% of all firms forecasting that hiring of accounting graduates will
be the same or greater in the upcoming year.
33% of all firms expect their number of licensed
CPAs on staff to be greater next year than the
previous year.
8. High Demand
Employers: CPA - most desired credential
Solid salary growth – 4.7% predicted
increase in 2016
Entry-level demand strong
Robert Half 2016 Salary Guide
Top Financial Positions in Demand
Fastest Growing Industries
Special Accounting Major presentation on a career in accounting and the job outlook for becoming a CPA.
MACPA CEO Tom Hood, voted second most influential leader in the CPA Profession in Accounting Today’s 2013 list of the Top 100 Most Influential People in Accounting (his ninth time on the list) sees five fundamental shifts facing accounting now – Leadership, Learning, Technology, Generations and Workplace. In a world of rapid change and increasing complexity, the winners will be those individuals and organizations who can keep their L>C², their rate of learning must be greater than the rate of change and greater than their competition. Tom’s updates are always popular for CPAs and include the latest trends and issues the profession is facing locally, nationally, and globally.
US GAAP went from 25,000 pages to 17,000 with Codifcation (compared to 2,500 for IFRS)
According to the US Government Printing Office, it's 13,458 pages in total. The full text of Title 26 of the United States Code (the part written by Congress--available for an additional $179) is a mere 3,387 printed pages, bringing the adjusted gross page count to 16,845.
You are entering the workforce and the profession at a great time. There are a ton of opportunities for those graduating with accounting degrees.
