Accountants?
27-Mar-2004, 09:44 PM
#6
Guest
Join Date: May 2002
Posts: 47
im specializing in accounting at UofT and will be doing my CA ... i will also work for a big 4 firm.
from what i understand .... CGA's cannot do public accounting, ie. audit the financials of a compnay whereas a CA can.
CGA as the title suggests is generalized accounting
CA is more specific and has a heavy emphasis on finacials.
CMA is another one ... Certified Management Accoutant ... as the title suggests emphasizes management aspects of accounting.
from what i understand .... CGA's cannot do public accounting, ie. audit the financials of a compnay whereas a CA can.
CGA as the title suggests is generalized accounting
CA is more specific and has a heavy emphasis on finacials.
CMA is another one ... Certified Management Accoutant ... as the title suggests emphasizes management aspects of accounting.
27-Mar-2004, 09:50 PM
#7
Originally posted by cosmicjim
im specializing in accounting at UofT and will be doing my CA ... i will also work for a big 4 firm.
from what i understand .... CGA's cannot do public accounting, ie. audit the financials of a compnay whereas a CA can.
CGA as the title suggests is generalized accounting
CA is more specific and has a heavy emphasis on finacials.
CMA is another one ... Certified Management Accoutant ... as the title suggests emphasizes management aspects of accounting.
im specializing in accounting at UofT and will be doing my CA ... i will also work for a big 4 firm.
from what i understand .... CGA's cannot do public accounting, ie. audit the financials of a compnay whereas a CA can.
CGA as the title suggests is generalized accounting
CA is more specific and has a heavy emphasis on finacials.
CMA is another one ... Certified Management Accoutant ... as the title suggests emphasizes management aspects of accounting.
Very soon all designated Accountants will be required to pass a certification test for a Public Accountants License, it will not matter what designation that they have obtained.
27-Mar-2004, 09:57 PM
#8
Originally posted by CMS
goin' for CGA designation @ Humber...
how it works?
3 years undergrad certificate
1 year post grad certificate
1 year to get B.A. through correspondence
CGA designation test.
goin' for CGA designation @ Humber...
how it works?
3 years undergrad certificate
1 year post grad certificate
1 year to get B.A. through correspondence
CGA designation test.
It will take alot longer
3 years college
2.5 years post college studies, including a law course
1.5 years + to obtain B.A., however currently CGA is only affiliated with a B.Comm Degree
4 hour Professional Applications Exam in which you obtain either a Pass, Fail or Honors This test can only be written 4 times or you are withdrawn from the CGA Program
27-Mar-2004, 11:04 PM
#9
Guest
Join Date: May 2002
Posts: 47
Dmitri just for comparison ... the CA designation is quite tough too
A) 51 credit hours (17 3-hour credit courses)
B) 3 exams:
1. Core-Knowledge Examination (CKE)
2. End-of-School Examination (end of School of Accountancy)
3. Uniform Final Exam (UFE)
then you work for 30 months and you get the two letters CA
but all the professions are good and having letters after you name will help with jobs, but ultimately you're the one who has to perform.
Understand the strengths of each designation and find one that compliments your abilities.
Public accounting is one option .... but most people who do accounting leave for industry.
A) 51 credit hours (17 3-hour credit courses)
B) 3 exams:
1. Core-Knowledge Examination (CKE)
2. End-of-School Examination (end of School of Accountancy)
3. Uniform Final Exam (UFE)
then you work for 30 months and you get the two letters CA
but all the professions are good and having letters after you name will help with jobs, but ultimately you're the one who has to perform.
Understand the strengths of each designation and find one that compliments your abilities.
Public accounting is one option .... but most people who do accounting leave for industry.
29-Mar-2004, 02:08 AM
#10
Registered User
Join Date: May 2003
Location: Toronto.
Posts: 85
no co-op for me. I already have work experience regarding anything co-op may have to offer.
what kind of experience, you ask?
in High school, I took co-op and did odd filing jobs and clerical jobs for the Dean's Office, Atkinson College, YORK U.
and after that, I worked for a non-profit organization at first as a finance clerk (helping out controller, payables, payroll), and then for a year, I worked full time doing A/P (accounts payable) since someone had gone on maternity leave.
but now; I'm back to school. anyhoo; hope that helps.
what kind of experience, you ask?
in High school, I took co-op and did odd filing jobs and clerical jobs for the Dean's Office, Atkinson College, YORK U.
and after that, I worked for a non-profit organization at first as a finance clerk (helping out controller, payables, payroll), and then for a year, I worked full time doing A/P (accounts payable) since someone had gone on maternity leave.
but now; I'm back to school. anyhoo; hope that helps.
29-Mar-2004, 03:25 AM
#12
Registered User
Join Date: Feb 2003
Posts: 202
accounting is not a field where there is much to be made anymore. if any of you have looked at recent job listings, you need a CGA just to do bank reconciliations for a pizza joint making $11/hr
a lot of where accountants made money before was thru the public sector, personalized or small business GST, but with the world getting smarter (i use that term loosely) and computer software making it easier for even a dumbass to use, it's hard for peopel in accounting to make money unless you are 10+ plus experience CA's and trustees doing corporate sector
a lot of where accountants made money before was thru the public sector, personalized or small business GST, but with the world getting smarter (i use that term loosely) and computer software making it easier for even a dumbass to use, it's hard for peopel in accounting to make money unless you are 10+ plus experience CA's and trustees doing corporate sector
29-Mar-2004, 08:03 AM
#13
Originally posted by cosmicjim
Dmitri just for comparison ... the CA designation is quite tough too
A) 51 credit hours (17 3-hour credit courses)
B) 3 exams:
1. Core-Knowledge Examination (CKE)
2. End-of-School Examination (end of School of Accountancy)
3. Uniform Final Exam (UFE)
then you work for 30 months and you get the two letters CA
but all the professions are good and having letters after you name will help with jobs, but ultimately you're the one who has to perform.
Understand the strengths of each designation and find one that compliments your abilities.
Public accounting is one option .... but most people who do accounting leave for industry.
Dmitri just for comparison ... the CA designation is quite tough too
A) 51 credit hours (17 3-hour credit courses)
B) 3 exams:
1. Core-Knowledge Examination (CKE)
2. End-of-School Examination (end of School of Accountancy)
3. Uniform Final Exam (UFE)
then you work for 30 months and you get the two letters CA
but all the professions are good and having letters after you name will help with jobs, but ultimately you're the one who has to perform.
Understand the strengths of each designation and find one that compliments your abilities.
Public accounting is one option .... but most people who do accounting leave for industry.
29-Mar-2004, 08:05 AM
#14
Originally posted by CMS
no co-op for me. I already have work experience regarding anything co-op may have to offer.
what kind of experience, you ask?
in High school, I took co-op and did odd filing jobs and clerical jobs for the Dean's Office, Atkinson College, YORK U.
and after that, I worked for a non-profit organization at first as a finance clerk (helping out controller, payables, payroll), and then for a year, I worked full time doing A/P (accounts payable) since someone had gone on maternity leave.
but now; I'm back to school. anyhoo; hope that helps.
no co-op for me. I already have work experience regarding anything co-op may have to offer.
what kind of experience, you ask?
in High school, I took co-op and did odd filing jobs and clerical jobs for the Dean's Office, Atkinson College, YORK U.
and after that, I worked for a non-profit organization at first as a finance clerk (helping out controller, payables, payroll), and then for a year, I worked full time doing A/P (accounts payable) since someone had gone on maternity leave.
but now; I'm back to school. anyhoo; hope that helps.
29-Mar-2004, 08:09 AM
#15
Originally posted by kingoftheworld
accounting is not a field where there is much to be made anymore. if any of you have looked at recent job listings, you need a CGA just to do bank reconciliations for a pizza joint making $11/hr
a lot of where accountants made money before was thru the public sector, personalized or small business GST, but with the world getting smarter (i use that term loosely) and computer software making it easier for even a dumbass to use, it's hard for peopel in accounting to make money unless you are 10+ plus experience CA's and trustees doing corporate sector
accounting is not a field where there is much to be made anymore. if any of you have looked at recent job listings, you need a CGA just to do bank reconciliations for a pizza joint making $11/hr
a lot of where accountants made money before was thru the public sector, personalized or small business GST, but with the world getting smarter (i use that term loosely) and computer software making it easier for even a dumbass to use, it's hard for peopel in accounting to make money unless you are 10+ plus experience CA's and trustees doing corporate sector
There are several specialty areas that accountant can work in, I am actually working as a Forensic/Fraud Investigator in the field of bankruptcy. It is a highly specialized field. I am not only intending to get my CGA, I am also currently working towards my CFI, and I'll probably do the US equivelent the CFE.
29-Mar-2004, 10:39 AM
#16
Guest
Join Date: May 2002
Posts: 47
Originally posted by kingoftheworld
accounting is not a field where there is much to be made anymore. if any of you have looked at recent job listings, you need a CGA just to do bank reconciliations for a pizza joint making $11/hr
a lot of where accountants made money before was thru the public sector, personalized or small business GST, but with the world getting smarter (i use that term loosely) and computer software making it easier for even a dumbass to use, it's hard for peopel in accounting to make money unless you are 10+ plus experience CA's and trustees doing corporate sector
accounting is not a field where there is much to be made anymore. if any of you have looked at recent job listings, you need a CGA just to do bank reconciliations for a pizza joint making $11/hr
a lot of where accountants made money before was thru the public sector, personalized or small business GST, but with the world getting smarter (i use that term loosely) and computer software making it easier for even a dumbass to use, it's hard for peopel in accounting to make money unless you are 10+ plus experience CA's and trustees doing corporate sector
29-Mar-2004, 02:39 PM
#17
Registered User
Join Date: Feb 2003
Posts: 202
Originally posted by cosmicjim
I can't speak for designations besides a CA, but accouting is a field where money will always be made and not just $11/hr. The big 4 firms pay a competitve starting salary ($40k start) and your move up the ladder very quickly in terms of pay and position. Accounting will always be a robust area in terms of jobs because of the regulations. All public companies will have to annually do their financial statements (unless shareholders waive this right) and their taxes. This is excluding all the special engagements that firms also take in. So no, accounting is not a field that requires 10+ years of CA to have a great career. ... its actually a field that is always short on people and offers tons of opportunity.
I can't speak for designations besides a CA, but accouting is a field where money will always be made and not just $11/hr. The big 4 firms pay a competitve starting salary ($40k start) and your move up the ladder very quickly in terms of pay and position. Accounting will always be a robust area in terms of jobs because of the regulations. All public companies will have to annually do their financial statements (unless shareholders waive this right) and their taxes. This is excluding all the special engagements that firms also take in. So no, accounting is not a field that requires 10+ years of CA to have a great career. ... its actually a field that is always short on people and offers tons of opportunity.
big 4 companys won't hire anyone who doesnt' have a designation.
29-Mar-2004, 02:42 PM
#18
Registered User
Join Date: Jan 2003
Location: on a race track
Posts: 17,846
Originally posted by kingoftheworld
but you just proved my point with your post, $40k is approximately $20/hr and u'd have to go corporate in order to do that.
big 4 companys won't hire anyone who doesnt' have a designation.
but you just proved my point with your post, $40k is approximately $20/hr and u'd have to go corporate in order to do that.
big 4 companys won't hire anyone who doesnt' have a designation.
there are smaller firms that pay better... just ask Electronblue I believe she works for a smaller firm and does quite well for herself...
29-Mar-2004, 03:27 PM
#19
Guest
Join Date: May 2002
Posts: 47
Originally posted by kingoftheworld
but you just proved my point with your post, $40k is approximately $20/hr and u'd have to go corporate in order to do that.
big 4 companys won't hire anyone who doesnt' have a designation.
but you just proved my point with your post, $40k is approximately $20/hr and u'd have to go corporate in order to do that.
big 4 companys won't hire anyone who doesnt' have a designation.
and you are wrong about big 4 firms hiring w/o a designation. big 4 firms are programs that are setup for you to get your CA designation as long as you're a good candidate and have your 51 credit hours completed.
30-Mar-2004, 04:17 PM
#20
Registered User
Join Date: Jun 2002
Posts: 414
CGA, CMA, CA, CFA are all the same ****. They open doors for you in your career path. That is all. If you are an lazy ***, no designation will help you.
If you want steady growing income in the financial industry you will require an accounting/financial professional designation.
If you want steady growing income in the financial industry you will require an accounting/financial professional designation.
