Accounting Careers Presented by The Nebraska Society of CPAs

Which Career Path to Take Public Accounting Governmental & Not-for-Profit Private Accounting Education Where Do I Go From Here?Here

Public Accounting Firms Regional/National Firms with Offices in Nebraska: Dana F. Cole & Company, LLP Local Firms in Nearly Every Community!! Kennedy & Coe, LLC

Careers in Public Accounting Traditional Auditing & Assurance Tax Consulting Forecasting & Projecting New Opportunities Forensic Accounting Estate Planning Personal Financial Planning International Information Technology Internal Controls

Climbing the Corporate Ladder

Private Industries Your Local Bank or Your Own Business!!

Careers in Private Accounting Financial Management Financial Reporting Internal Auditing Management Accounting Non-financial Positions Tax Planning

Private Accounting’s Corporate Ladder

Governmental & Not-for- Profit Local School System Local Hospital University system FBI

Governmental & Not-for- Profit Opportunities Federal –FBI –IRS –Treasury Dept –General Accounting Office State –Universities –Agencies –Departments Local –Hospitals –Public Schools Not-for-Profit –Charitable Organizations –Religious Affiliations

Government & Not-for-Profit Careers Performance Auditing Financial Audits Compliance Audits Investigative Audits

Education

Education Opportunities University or College Professor High School Business Teacher

Education Careers Instructor Researcher Board Member Business Consultant Expert Witness Author

Accounting Careers Education Requirements Public –Strong College GPA –CPA RecommendedCPA –Bachelor of Science in Business Administration Private –Strong College GPA –CPA Optional –Bachelor of Science in Business Administration or Associates degree from Community College

CPA Requirements in Nebraska Certified Public Accountant (CPA) Education: 150 hours –including bachelors degree with accounting emphasis Examination Ethics Exam Experience: 2 years under a licensed CPA Benefit: CPA is a highly-regarded designation in the business world. It opens the doors to many opportunities for employment.

Salary Guide Large Public Firms ($250 million+ in sales) 1 year $49,000-$59, yrs $55,500-$69,250 Senior $66,250-$85,500 Mngr $82,750-$111,750 Director/ $102,000-$159,500 Sr. Mngr Medium Private Firms ($25-$250 million in sales) Acctng Clerk$27,250-$36,000 Acctng Manager$60,500-$79,500 Controller$66,000-$120,500 CFO$94,250-$175,750 Internal Audit: 1 year$41,500-$51, years$48,500-$62,250 Senior$61,000-$77,250 Manager$73,750-$95,750 (National Averages obtained from Robert Half International 2007 Salary Guide – Request a copy at

Why would I want to go into a career in accounting? Variety of work Continuing Education (CPE, Trade Publications & Associations) Work with a variety of people Preparation for owning your own business Opportunities to travel nation-wide or globally

Will I be able to find a job with an Accounting degree? Every business needs an accountant High demand for accountants Competitive salaries with long-term growth potential Accounting degree gives fundamental business knowledge applicable to any business position including Marketing, Finance, Management, & Administration

How do I know if I would like Accounting? Are you a team player? Are you an analytical thinker? Do you like to explore new opportunities? Do you like challenges? Do you like to problem solve? Do you like variety?

What should I be doing now? Improve on Oral & Written Communication Skills Work on Research Skills Apply for an Internship (College Jr/Sr) Remember that introductory accounting just gives you the basics –real world accounting is not simply debits & credits

Scholarships Available Scholarship money is readily available for college accounting students!! Example – Where do I apply? -Check with your college’s financial aid office and accounting faculty at your college or university

Where can I get more information? Nebraska Society of CPAs Nebraska Board of Public Accountancy CPA Exam website American Institute of CPAs Talk with School Counselor or Business Teacher

Which Path Will You Choose?