Certified Public Accountant (CPA)

By: Danielle Collins

Who Did I Interview?

Ralph Katzman (My Uncle)

Job DescriptionO “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 returnsO BudgetingO Keep financial records

Subjects He StudiedO Intro to Accounting (Acctg)O Intermediate AcctgO Advanced AcctgO Cost AcctgO Business LawO Income Taxes

MathO 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 ProblemsO 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 – LiabilitiesO Financial statement ratios

O E.g. current ratio, working capital ratio, etc.O “Relationship between Accounting

Data” ~Accounting for Management

Why He Chose CPAO“Took a bookkeeping class at college and loved the logic of learning the Business Language using ‘Numbers’”~ Ralph Katzman

WebsitesO http://

www.americasjobexchange.com/certified-public-accountant-job-description

O http://www.merriam-webster.com/dictionary/amortizing?show=0&t=1375317568

O http://www.accounting4management.com/financial_statement_analysis_accounting_ratios.htm