Certified Public Accountant (CPA) By: Danielle Collins
Who Did I Interview? Ralph Katzman (My Uncle)
Job Description O “Responsible for preparing and analyzing financial reports for individuals and companies. Audit financial reports for compliance and review company's financial status to ensure there are no discrepancies.” ~America’s Job Exchange O Examples: O Taxes and tax returns O Budgeting O Keep financial records
Subjects He Studied O Intro to Accounting (Acctg) O Intermediate Acctg O Advanced Acctg O Cost Acctg O Business Law O Income Taxes
Math O Mostly basic (arithmetic and algebra): O Adding, subtracting, multiplying dividing O Sometimes: O “Simultaneous equations, present value, ratios, mortgage and note payment calculations” ~ Ralph Katzman
Math Problems O Loan amortizations O Amortizations- “to pay off (as a mortgage) gradually usually by periodic payments of principal and interest or by payments to a sinking fund” ~Merriam Webster O Equity = Assets – Liabilities O Financial statement ratios O E.g. current ratio, working capital ratio, etc. O “Relationship between Accounting Data” ~Accounting for Management
Why He Chose CPA O “Took a bookkeeping class at college and loved the logic of learning the Business Language using ‘Numbers’”~ Ralph Katzman
Websites O fied-public-accountant-job-description fied-public-accountant-job-description O webster.com/dictionary/amortizing?show=0 &t= webster.com/dictionary/amortizing?show=0 &t= O inancial_statement_analysis_accounting_rat ios.htm inancial_statement_analysis_accounting_rat ios.htm