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The Language of Business

The Language of Business. Chief financial officers for international or domestic companies. Advisors to small neighborhood businesses. Well-respected

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Page 1: The Language of Business.  Chief financial officers for international or domestic companies.  Advisors to small neighborhood businesses.  Well-respected

The Language of Business

Page 2: The Language of Business.  Chief financial officers for international or domestic companies.  Advisors to small neighborhood businesses.  Well-respected

Chief financial officers for international or domestic companies.

Advisors to small neighborhood businesses.

Well-respected business consultants and decision-makers.

FBI agents investigating white collar crime!

Page 3: The Language of Business.  Chief financial officers for international or domestic companies.  Advisors to small neighborhood businesses.  Well-respected

Strong Communication Skills

Problem solving, analytical, and research skills.

Good time management skills.

Leadership abilities.

Excellent people skills.

Understand emerging technologies

Page 4: The Language of Business.  Chief financial officers for international or domestic companies.  Advisors to small neighborhood businesses.  Well-respected

Keen business sense & awareness of current events.

Good listener.

Creative thinker.

Confident presenter.

High ethical standards.

Page 5: The Language of Business.  Chief financial officers for international or domestic companies.  Advisors to small neighborhood businesses.  Well-respected

Business & Industry

Public Accounting

Government

Non-Profit

Education

Page 6: The Language of Business.  Chief financial officers for international or domestic companies.  Advisors to small neighborhood businesses.  Well-respected
Page 7: The Language of Business.  Chief financial officers for international or domestic companies.  Advisors to small neighborhood businesses.  Well-respected

•Financial Management and Reporting

•Internal Auditing

•Management Accounting

•Non-Financial Positions

•Tax Planning

Page 8: The Language of Business.  Chief financial officers for international or domestic companies.  Advisors to small neighborhood businesses.  Well-respected
Page 9: The Language of Business.  Chief financial officers for international or domestic companies.  Advisors to small neighborhood businesses.  Well-respected

Assurance Services (Auditing)

Environmental Accounting

Forensic Accounting

Expert Witnesses

Information Technology Services

International Accounting

Management Consulting Services

Personal Financial Planning

Tax Advisory Services

Page 10: The Language of Business.  Chief financial officers for international or domestic companies.  Advisors to small neighborhood businesses.  Well-respected
Page 11: The Language of Business.  Chief financial officers for international or domestic companies.  Advisors to small neighborhood businesses.  Well-respected

Comptroller

Performance, Financial and Compliance Auditing

Federal/State Law Enforcemement

Page 12: The Language of Business.  Chief financial officers for international or domestic companies.  Advisors to small neighborhood businesses.  Well-respected
Page 13: The Language of Business.  Chief financial officers for international or domestic companies.  Advisors to small neighborhood businesses.  Well-respected

Solve tax problems

Set up internal control system

Budget resources

Prepare financial data for fundraising

Make presentations

Page 14: The Language of Business.  Chief financial officers for international or domestic companies.  Advisors to small neighborhood businesses.  Well-respected
Page 15: The Language of Business.  Chief financial officers for international or domestic companies.  Advisors to small neighborhood businesses.  Well-respected

Accounting Educators- Auditing, Financial Accounting,

Taxation, Cost & Managerial Accounting, Professional Ethics, etc.

Business Consultants - In-house training

Continuing Professional Education (CPE) Instructors

Page 16: The Language of Business.  Chief financial officers for international or domestic companies.  Advisors to small neighborhood businesses.  Well-respected
Page 17: The Language of Business.  Chief financial officers for international or domestic companies.  Advisors to small neighborhood businesses.  Well-respected

1. Four year undergraduate degree.

2. One year of additional study which may lead to a masters degree.

3. Total 150 college credit hours.

4. Some employers will pay for your 5th year of school!

Page 18: The Language of Business.  Chief financial officers for international or domestic companies.  Advisors to small neighborhood businesses.  Well-respected

o National Examo Computerizedo Offered 5 days per week during two

months of every quarter. Testing is available in January & February; April & May; July & August; and October & November.

Page 19: The Language of Business.  Chief financial officers for international or domestic companies.  Advisors to small neighborhood businesses.  Well-respected

o In Texas, you must take 40 hours of continuing education per year

o Oro 120 hours in 3 years

o Regulated by the State

o Strong code of ethics

Page 20: The Language of Business.  Chief financial officers for international or domestic companies.  Advisors to small neighborhood businesses.  Well-respected

Job Market & Salaries

Page 21: The Language of Business.  Chief financial officers for international or domestic companies.  Advisors to small neighborhood businesses.  Well-respected

Market demands are not limited to audit & accounting.

More consulting, information technology, or forensic services.

CPAs must be conversant in global business and strategies.

Specialization by CPAs.

Page 22: The Language of Business.  Chief financial officers for international or domestic companies.  Advisors to small neighborhood businesses.  Well-respected
Page 23: The Language of Business.  Chief financial officers for international or domestic companies.  Advisors to small neighborhood businesses.  Well-respected

AuditingAssurance ServicesForensic AccountingConsulting ServicesInformation Technology ServicesEnvironmental AccountingInternational AccountingTax and Financial Planning

Page 24: The Language of Business.  Chief financial officers for international or domestic companies.  Advisors to small neighborhood businesses.  Well-respected

• Fortune 500 Company in Controller’s Department – 2 years

• Move to smaller company as the Assistant Controller

Or• Move up in the company to progress

through financial management and eventually become the CFO or CEO!

Page 25: The Language of Business.  Chief financial officers for international or domestic companies.  Advisors to small neighborhood businesses.  Well-respected

According to Robert Half:The fastest-growing industries in our

region are commercial construction, commercial real estate, and manufacturing.

The positions in demand are staff accountants, senior accountant, and controller.

Page 26: The Language of Business.  Chief financial officers for international or domestic companies.  Advisors to small neighborhood businesses.  Well-respected

Starting salaries for college grads in public and corporate accounting are increasing. Add an extra 10% to the numbers below if you are a CPA!

Large Public Accounting Firm - $49,000-$59,750 Small Public Accounting Firm - $41,250 - $49,000 Corporate Accounting (large firm) - $37,750 - $46,250 Corporate Accounting (small firm) - $33,250 -

$40,000

(Source: 2010 Robert Half & Accountemps Salary Guide. Varies by city and state.)

Page 27: The Language of Business.  Chief financial officers for international or domestic companies.  Advisors to small neighborhood businesses.  Well-respected

The numbers get even better as you advance in your accounting career. In the corporate world, salaries fall within these ranges:

CFO in a large company - $265,000 - $386,750 CFO in a small /medium company - $126,000 - $176,500 Corporate Controller in a large company - $135,000-

$182,000 Corporate Controller in a small/medium company -

$91,250 - $118,000 Tax Manager in large/medium company - $94,250 -

$131,000

(Source: 2010 Robert Half & Accountemps Slary Guide. Varies by city and state.)

Page 28: The Language of Business.  Chief financial officers for international or domestic companies.  Advisors to small neighborhood businesses.  Well-respected
Page 29: The Language of Business.  Chief financial officers for international or domestic companies.  Advisors to small neighborhood businesses.  Well-respected

TSCPA is a professional organization representing more than 29,000 CPAs in Texas.

You are eligible to join TSCPA as a student member until you graduate.

Dues are $35.00 per year, which includes chapter membership, renewable June 1.

Requirements: Part-time and full-time

students. Student at 2-year or 4-

year colleges or universities.

Student majoring in accounting, finance, or other business-related majors.

Page 30: The Language of Business.  Chief financial officers for international or domestic companies.  Advisors to small neighborhood businesses.  Well-respected

CPA…Imagine the Possibilities