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Showing posts from August, 2008

"in-demand majors"

Here's an article on the "in-demand" majors from an employer perspective.
No. 2 - Accounting.

Here's the part that relates to Accounting -

"2. Accounting ($47,429)
For those who delight in number crunching, a
bachelor's degree in accounting can lead to occupations in financial and investment planning, budget analysis, tax preparation, bookkeeping, payroll services, and auditing. Opportunities are often best for CPAs, MBAs, or professionals proficient with accounting software.
Accountants ensure that a firm is run efficiently and records are kept accurately. Expect long hours -- especially around tax season.
Job outlook: Thanks to retirees and a faster-than-average job growth due to new business and changing financial laws and regulations, accountants can enjoy favorable job opportunities."

Source: McGolerick, Elizabeth Weiss. "The Top 5 In-demand Majors" Retrieved from <>

accounting lingo

Auditor alert!! what pains me- employees using accounting/auditing lingo outside of work - examples -
a) Oh, I don't know. Our bar tab was immaterial.
Not cool, not cool. Say cheap, say inexpensive, but not this.

2) Oh, I go to new york once every quarter.
How about - every three months, few months, once in a while.

3) There isn't much of a variance between the two movies
How about - difference?

4) "Let's vouch his bill to cash paid"
No about..Make sure he paid???

5) Wanna go bowling? Yea, that appears reasonable.
Whatever happened to "okay"

6) can you sign off on that bill?

And please, for heaven's sake...lay off on the accounting inside - jokes. It's painful to hear, it really is.

I'm sure there are plenty of other auditing terminologies that I missed. Feel free to post them in the comments section.

happy hours

It's mid summer time..which means happy hours every thursday to send off people leaving the firms. I'm not a fan of the term 'happy hour' when it comes to people leaving. Any other suggestions out there for events in their 'honor'?
There are also two schools of thought on the happy hours - One half don't want one and just want to slip out without any fuss. The other half look forward to their happy hours as a rite of passage to get out of the firm.
What bugs me is the difficulty in laying down the credit cards so the tabs can keep running atleast for 3-4 hours. Come on now, these people leaving the firm spent a good amount of time working their asses off for the partners. A little thank you should be in order. Granted, from a partner's perspective, why should they pay when people leave? Well, why don't you pay when people stay? Let's look at it another way - a happy hour to celebrate the people staying? That should be cause for celebration.