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How hard is the CMA exam compared to the CPA exam?
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# ¿ Jan 15, 2010 20:07 |
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# ¿ Apr 29, 2024 03:03 |
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I laughed!
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# ¿ Mar 2, 2010 04:22 |
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Northeastern University has a dual MS Acct / MBA program that's just 15 months long. It's for non-accounting undergrads to boot. When I visited last month (I was at Sloan and saw an ad for this program in the Sloan paper), the NEU recruiter bragged about their 99% placement rate. I don't know how much a NEU MBA is worth in Boston, much less my home state of California. Still, for someone like me who only took a two accounting classes in college, this might be a relatively quick way to CPA-land... http://www.cba.neu.edu/grad/accounting-mba/
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# ¿ Mar 5, 2010 09:16 |
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Ribsauce posted:I don't understand how that program is possible. I do have an accounting undergrad degree and as far as I know I can't get a masters and an MBA in 15 months anywhere Yeah, I don't get it either. They even stick a 3-month internship in the middle. (guaranteed) Does the prestige of a Masters of Accounting school matter?
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# ¿ Mar 6, 2010 00:01 |
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Cicero posted:99% of interns that responded back to us about whether they got a job got a job! well, at least they teach creative accounting
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# ¿ Mar 6, 2010 22:15 |
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AbbiTheDog posted:Run my own practice, 90 hours weeks are the norm until 4/15. I hear there are goons in *this very thread* offering to help you for free! (I guess it's for the CPA experience requirement?)
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# ¿ Mar 10, 2010 02:34 |
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scribe jones posted:Just to get out of the house really. Otherwise I might get sick of Civ4 and that would be a tragedy. OT: this may interest you http://www.eurogamer.net/articles/sid-meiers-civilization-v-preview
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# ¿ Mar 10, 2010 04:09 |
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I'm not an accountant, but if you're talking about startup small businesses, the above sounds profoundly unhelpful.
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# ¿ Apr 13, 2010 17:51 |
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rockin peanut posted:How is consulting/tax planning unhelpful to a small business? Now that I re-read his post, you're right. For some reason, I smelled some big-established-business language.
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# ¿ Apr 13, 2010 18:57 |
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Reztes posted:I'm in California, graduated in June with a degree in finance, and have been working part time for a local small business, basically just doing their bookkeeping in QuickBooks. I've been kicking myself for not just majoring in accounting when I had the chance, but now I plan on getting the extra accounting units I'm missing at the local community college and taking the CPA exam as soon as possible. Hah, that's cool. I'm about to finish up my 24 units here in Orange County this semester. Try networking with your community college professors--at least two have been full-time working accountants as well.
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# ¿ Nov 3, 2011 00:43 |
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unterdude posted:Another OC community college accounting goon. IVC here. I just took Individual (206) & Corporate (207) Tax this summer. Huie is a good prof, really liked her. But as I told Reztes in a PM, I'm bouncing between colleges because they don't seem to always offer what I want to take when I want it. So I've got a few units here, a few units there...an AA doesn't really matter to me since I've got a bachelor's from Berkeley. Just need those 24 units!
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# ¿ Nov 8, 2011 18:16 |
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SupermanIsDead posted:I just wanted to say that the CA, CMA, and CGA are all merging into one entity: CPA. So it won't make a difference which title you have now because in 10 years there will only be one accounting title in Canada. Eh? I don't see anything about the CMA merging into the CPA here: http://www.imanet.org/ima_home.aspx
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# ¿ Nov 15, 2011 19:58 |
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Aqualung posted:Wrong country. IMA is a worldwide organization
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# ¿ Nov 17, 2011 07:03 |
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Aqualung posted:You don't really get a taste or real accounting until the end of Intermediate I. That Kieso textbook someone linked is pretty good but even that doesn't get into the actual complexities of accounting. If you're curious, I suggest you try to see what the next course in the accounting program is at your university and go from there. How far is the Kieso book from the CPA exam? I'm at page ~1150 now (Intermediate III) and I'm really not sure how much longer I want to be studying this. Am I ready to go into a 9 month Becker program? For reference, I'm just kind of studying accounting for fun--I have a day job with not much overlap.
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# ¿ Nov 18, 2011 18:05 |
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If nothing else, applying for that job will give you an idea of your marketability and improve interview skills.
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# ¿ Nov 25, 2011 21:27 |
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Captain Beans posted:Are there opportunities for people who are skilled at accounting but don't want to be an accountant? Do I need to try auditing or some kind of consulting? Why not take/pass the CPA and then go back to personal/smallbiz tax? If you have the credits, it'll be a year of hell for a potentially life-changing payoff.
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# ¿ Jan 17, 2012 19:10 |
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flyingfoggy posted:Random request for any other students out there: I already own the 13th edition of Kieso intermediate accounting and my class now requires the 14th edition. If anyone can scan and send legible copies of just the exercises (not brief exercises or problems... just the exercises such as E16-1) from chapters 15, 16, 17, 18, 19, 20, 21, and 23 of the 14th edition I will paypal you $25. This is maybe 40 pages and should only take about an hour. Send me a PM if you can do it or have any questions! Have you checked wileyplus? I did all my homework online but I think the exercises are just lifted from the book.
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# ¿ Jan 27, 2012 19:02 |
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Captain Beans posted:I was going to try and help out but apparently my purchased WileyPlus version doesn't include the exercises. Only the MC and TF. For my community college classes, the online text was sufficient for literally three intermediate accounting courses, so it is potentially a steal. I didn't realize this until I had the dead-tree book, of course, but literally all of the text was on WileyPlus. Not bad.
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# ¿ Jan 28, 2012 10:16 |
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Lemmi Caution posted:I would be studying in or around Orange County, CA where there are a lot of community colleges and small universities. I just don't know where to start looking or what to expect to pay. I also intend to do this as quickly as possible, so I need a place that's able to let me take a full load of all these courses. I finished up my 24 units of accounting (had 6 from undergrad) in the last year here in Orange County. Used a combination of Irvine Valley, Coastline, and Santa Monica community college courses. They were easy. But I was just planning to take the CPA exam for fun/personal enrichment so I have no real job advice for you Just search the college websites. You're kind of hosed on spring semester because the demand for accounting seats exceeds the supply, so sign up early and often..
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# ¿ Jan 30, 2012 21:56 |
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WarpedNaba posted:I don't suppose anyone has a spare plane ticket, then? I know's there's a special Australia-US visa http://en.wikipedia.org/wiki/E-3_visa if you happen to have Aussie citizenship..
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# ¿ Feb 9, 2012 22:34 |
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N.N. Ashe posted:Hey what are some of the cheapest/easiest/quickest ways to go for some distance learning upper level accounting courses? I took Intermediate Accounting A, B, and C through https://www.smc.edu - cheap for California residents. Think it cost me $80. e: the classes fill up super quickly though
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# ¿ Apr 2, 2012 22:34 |
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I could've done it all in two semesters while working full time+ if the California community colleges weren't so damned impacted
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# ¿ Apr 5, 2012 19:35 |
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Why not just prep returns with your CPA? I'm assuming you have one because you passed your exams...
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# ¿ Apr 16, 2012 22:59 |
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MiTEG posted:I feel like this might be a dumb question, but can I list my current position as "accountant" on my resume? I'm not a CPA, but I work directly with the company controller and handle most of the accounting side of things. We have a bookkeeper that does almost all of the data entry and the controller spends most of her time determining who we pay, how much, and when. I think it's a reasonable question given how some other professions work. For example, even if you have a masters degree in architecture, you can't legally call yourself an Architect until you pass the architecture licensing exam. http://www.architectmagazine.com/legal-issues/trust-me-im-an-unlicensed-architect.aspx Bet the AICPA wishes they had this kind of jurisdiction over the "Accountant" designation.
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# ¿ Jun 14, 2012 00:45 |
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Because you didn't mention any work experience I'm having trouble seeing what value you'd get out of an MBA straight out of undergrad.
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# ¿ Jan 10, 2013 18:33 |
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WarpedNaba posted:This isn't to say I'm not also at fault, I've got an issue with attention to detail. This is the part that worries me above all.
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# ¿ Jan 24, 2013 04:15 |
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More responsibility is in itself not a bad thing, this is how people get promoted after all. You can ask for a better title and more pay, or if you must, an assistant. Be careful hiring an intern, they can be more trouble than they're worth...
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# ¿ Feb 4, 2013 18:08 |
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TreFitty posted:Hoping for a miracle here: I will likely be bringing my soon-to-be wife to America in a little over a year from Korea. She has her BBA in Accounting from a Korean University and works for the biggest bank in Korea right now as a teller. Tellers in this particular bank need to have quite a bit of experience and study quite a bit to get the job, so it's not like the tellers we have in America (as I imagine them anyway). Why not have her work in a Korean accounting office in a Ktown? Don't know about Seattle but there is a huge community just west of downtown LA.
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# ¿ Feb 11, 2013 18:35 |
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SirPhoebos posted:So I'm looking to begin an accounting career after taking a rather roundabout route to getting the qualifications for it. I graduated in 05 with a degree in Political Science, but I was completely burned out by politics at that point. After a bit of faffing about I took a basic accounting course at night and was surprised to find that I was really interested in it. After about 7 years of night classes I managed to get the educational prerequisites to sit for the CPA exams and passed them all. In the meantime, I've been working at a law firm a little over 5 years as a billing clerk. Right now the only thing I need for full licensing is a year of actual accounting experience. Did you take a Becker course et al? I've also been taking online accounting classes over the past few years and am thinking of taking the CPA exam. What employment opportunities have you explored? Cold calling local accounting firms, going to local chapters of accounting professionals, accounting principals, robert half...? e: Have you read the Vault Guide?
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# ¿ Feb 25, 2013 20:09 |
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SirPhoebos posted:Would you mind explaining what the Vault Guide is? Man, sorry to hear that the apps so far haven't worked out. Passing the CPA exam while working full-time (not at an accounting firm) sounds loving hard. The Vault Career guide is a basic career primer that was given out in pdf form by my alma mater. They've got a version for consulting, banking, etc.
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# ¿ Feb 26, 2013 04:06 |
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Forensics will get you on the job training that I can't imagine being less valuable than learning to do sound design and music, unless you really like making inoffensive music for corporate environments. Also, you might be making music for restaurants that want autoplayed music on their website. And I would not be able to forgive you for that.
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# ¿ Mar 3, 2013 07:37 |
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Your first link seems broken.
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# ¿ Apr 9, 2013 07:14 |
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You'll probably make some mistakes, but you'll probably also have a mentor at the CPA firm who you can call/email with dumb questions, right? If you want to be promoted, I suspect that more responsibility will help, but if you don't even like where you work now... e: there is a career path thread http://forums.somethingawful.com/showthread.php?noseen=0&threadid=3533210
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# ¿ May 23, 2013 01:35 |
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Forensic accounting is a real job, but it sounds like you need a general overview of the industry. I suggest checking out the Vault Guide to Accounting from a library or career center.
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# ¿ May 29, 2013 01:04 |
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ThirdPartyView posted:
Because each state has different requirements for sitting? Ohio posted:To sit for the CPA exam as a first-time four-part candidate in Ohio, follow these steps: You will need 150 hours* of college credit and either:
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# ¿ May 30, 2013 04:33 |
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ThirdPartyView posted:Not sure how a 620+ on the GMATs can act in lieu of an additional 30 credit hours, though? I took the GMATs when I did an MBA and it really has nothing to do with actual studies (no more than the SATs). It just seems like a really stupid rule to provide a 120 credit hour 'out' and avoid forcing everyone to take 150 credit hours (why not just let people do 2 years of experience instead if they want 120 credit hours as was the case in most states before the 150 credit hour policy was implemented?). Bugamol posted:I guess my main three questions are: Am I spreading myself too thin? Which of the above do a highlight when creating my resume moving forward? What skills (if any) am I missing that would be expected of an industry accountant at 2 years? If you happen to be in Orange County, CA, I'd suggest checking out the IMA-OC monthly dinners for networking purposes. Bunch of CMAs there.
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# ¿ May 30, 2013 22:18 |
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You could always get certified. http://www.microsoft.com/learning/en/us/exam.aspx?id=77-882#fbid=HqWS1ELfYNd I took it last weekend and it was boring as poo poo but now I have a nice piece of paper saying I don't suck at Excel.
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# ¿ Jun 18, 2013 18:16 |
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Mush Mushi posted:You live in California? It might. Under the old 120 unit path, you need 24 accounting units and 24 business related units--48 units total. Assuming this latest development goes forward, you can become licensed under this path if you pass all four exams by December 31 of this year, because you will be given a 2 year extension to get the work experience requirement. Previously, the word was that if you did not have ALL of the components for the license by the end of 2013, including 2 years of work experience, you were out of luck. Haha yes, screw you online Business Law at Santa Monica College. Who needs ethics anyways? Now let's see if I can pass AUD without having taken an Auditing class..
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# ¿ Jun 25, 2013 18:49 |
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Sometimes I sit here at my small biz, overwhelmed with all the accounting, marketing, legal, IT, and operations work. And I wish that I could just sit in a corner undisturbed with spreadsheets and Prosystem Fx.
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# ¿ Aug 6, 2013 18:17 |
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# ¿ Apr 29, 2024 03:03 |
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js86 posted:I passed the last part of the CPA exam a few months back and am planning on taking the CMA in January/February. Has anyone else here taken the CMA exam? No but I would like to. Are you using Gleim, Wiley, Hock, or another?
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# ¿ Aug 20, 2013 19:25 |