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The Surprising No. 1 College Major

 

Based on the number of college freshman who are making it their career choice, accounting is the new 'sexy' college major. Yes, accounting.

 

It's now the most in-dema! nd major on college campuses, according to both AccountingWeb.com and the Job Outlook 2005 survey, conducted by the National Association of Colleges and Employers.

 

Why is it so popular? Academics say the numerous corporate accounting scandals over the last few years have piqued the interest of today's students. Add to that new regulations that are a result of those scandals, and the number of jobs, especially for auditors, has skyrocketed.

 

YEAHHHH....ACCOUNTING AND CPAs rules.....yabang hahahaha :evil: :evil:

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does anyone here know what the difference is between a CA and a CPA? and, ano ano ba ang different specializations sa accounting i.e. tax, auditing, aa... etc. alin ang pinakarewarding at least stressfull?

 

i'm an accounting student. i'm asking para i know na how to position myself best for whatever i will choose in the future. para i know na which extra classes i have to take. which i classes i have to be extra good in. (yuck nerd.)

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does anyone here know what the difference is between a CA and a CPA? and, ano ano ba ang different specializations sa accounting i.e. tax, auditing, aa... etc. alin ang pinakarewarding at least stressfull?

 

i'm an accounting student. i'm asking para i know na how to position myself best for whatever i will choose in the future. para i know na which extra classes i have to take. which i classes i have to be extra good in. (yuck nerd.)

As far as i know, CA is college of accountancy and CPA is certified public accoutnants, Syempre pag cpa ka you can signed an audit report provided that you meet some requirements by SEC and PICPA.

 

Normally pag accounting graduate tapos cpa ka pa, you can practise either accounting, tax or auditing which ever suits you.

 

Tsaka mas madaling mag law pag accounting graduate ka kasi merong kang subject na bussiness law pag accounting ka...

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As far as i know, CA is college of accountancy and CPA is certified public accoutnants,  Syempre pag cpa ka you can signed an audit report provided that you meet some requirements by SEC and PICPA.

 

Normally pag accounting graduate tapos cpa ka pa, you can practise either accounting, tax or auditing which ever suits you. 

 

Tsaka mas madaling mag law pag accounting graduate ka kasi merong kang subject na bussiness law pag accounting ka...

 

i mean CA as in Chartered Accountant.

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i mean CA as in Chartered Accountant.

 

As far as I know, CPA's are Certified Public Accountants essentially the regular term of certified or accredited accountants and derive this term in jurisdictions where the law is "civil based" or countries like the US, Singapore and the Philippines. Chartered Accountants or CA's are the equivalent of CPA's in "Common Law Countries" like UK, Australia and Canada. This is similar to the regular term lawyers as opposed to "solicitors" and "barristers" in common law countries.

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does anyone here know what the difference is between a CA and a CPA? and, ano ano ba ang different specializations sa accounting i.e. tax, auditing, aa... etc. alin ang pinakarewarding at least stressfull?

 

i'm an accounting student. i'm asking para i know na how to position myself best for whatever i will choose in the future. para i know na which extra classes i have to take. which i classes i have to be extra good in. (yuck nerd.)

 

In answer to your second question, an accountant's work is seldom easy and is almost always stressful. It may not really be physically stressful (although often it is), it is very much intellectually stressful.

 

There are a lot of pros and cons in choosing which field to specialize in. Audit tends to be very stressful and low paying :cry: but also fulfilling in the sense that it has the most opportunities in an auditing firm :goatee: . Financial Accountants get good pay at the start but you tend to hit a ceiling somewhere down the road (I have yet to see a rich accountant that was an employee). :) Tax accountants are very rewarding financially but you tend to be unglamorous (at least as accountants go :blush:) and be viewed as "corruptors". Management Services is very glamorous but if you do not have the right credentials, is essentially a dead-end practice for most individuals because of the larger players. Piece of advise on how to position yourself.

 

Imagine what you want to be 20 years from now and then work on it. The downside to that is that more often than not, 20 years from now, you will find yourself in something that you did not imagine you'd be in or even if you did imagine yourself in that position, it was not what you imagined it to be. :blink:

 

Take it from me. I started out aiming for Management Services practice and ended up in Tax Practice. And I even took Tax 1 twice!!! I swore then that tax would be the least of my priorities. But now, I'm in tax services. :blush:

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