Accounting In The Real World Analysis

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Accounting in the Real World
Rachel Benowitz
Northampton Community College
Abstract
This essay explores today’s accounting world and how to get there. When becoming an accountant education seems to be the key factor in preparing you for all the exams you will be taking to achieve your licensing along with personal experience on the job. After years of schooling, experience, and finally getting your license, you may enter the world of accounting and be a responsible accountant. You could work at a multitude of places but The Big 4 accounting firms are an accountant’s dream to work at. They are well known throughout the nation and serve many different clients with audits and many other types of work. Although you should
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First, you must pass 150 semester credit from a post-secondary facility that is accepted by the state, a bachelor’s degree or higher, and a certain number of business and accounting courses during your education (Accounting CPA Requirements). After completing schooling, you must pass the CPA exam. This exam is centered on what the 150 credits you learned (Accounting CPA Requirements). Next, every applicant that is applying for their CPA license must complete an ethic exam or course to obtain the license (Accounting CPA Requirements). The next requirement is experience which is specific to each state’s board of accountancy (Accounting CPA Requirements). Lastly, you may apply for your CPA license. You must renew your license either annually or biannually and also maintain it by taking a certain number of continuing professional education (CPE) hours specified by your state (Accounting CPA …show more content…
(n.d.). Retrieved from accountingcoach: http://www.accountingcoach.com/careers/cpa-requirements.html
Beattie, A. (n.d.). Financial History: The Rise Of Modern Accounting. Retrieved from investopedia: http://www.investopdeia.com/articles/tax/08/accounting-taxes.asp
Big 4 Accounting Firms- Who Are They? (n.d.). Retrieved from accountingverse: http://www.accountingverse.com/articles/big-4-accounting-firms.html
Henriques, D. B. (2008, December 11). Top Trader Accused of Defrauding Clients. Retrieved from The New York Times: http://www.nytimes.com/2008/12/12/business/12scheme.html?ref=bernardlmadoff&_r=0
Malkin, M. (2003, June 16). Freddie Mac 's Accounting Scandal. Retrieved from National Center for Policy Analysis: http://www.ncpa.org/sub/dpd/index.php?Article_ID=5028
Mclean, B. (2005, January 24). The Fall of Fannie Mae. Retrieved from CNN Money: http://money.cnn.com/magazines/fortune/fortune_archive/2005/01/24/8234040/
The 10 Worst Accounting Scandals of All Time. (n.d.). Retrieved from Accounting Degree:

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