Outsourcing Tax And Audit Procedures : Implications For U.s.

The Auditor, an instructional novella written by James K. Loebbecke, tells the story of Jack Butler, a man from the San Francisco Bay area, who goes to college, majors in accounting, and goes to work for a large accounting firm referred to as “The Firm.” The story is loosely based upon the real world experiences of the author, and is written to give students a look into the world of public accounting that goes beyond a textbook. The Auditor not only gives students a chance to follow Jack Butler’s journey up the company ladder at The Firm, but also reiterates the relative importance of conventional lessons learned in school.

In the fall of 2012, I enrolled in North Hennepin Community College to pursue an Associate’s Degree in Accounting consequently awakening my thirst for learning. Majoring in accounting was an easy choice since I had a background in bookkeeping and I have always enjoyed working with numbers. My goal when I first enrolled in North Hennepin was to acquire an Associate’s Degree, and join the workforce, however, as I progressed closer to finishing my course there, I realized I wanted a Bachelors’ Degree since I enjoyed challenging myself and learning material that was critical to my career.

The goal in the life of a college student is graduating and getting the dream job in the career field that is chosen. To achieve this goal takes more than just having the knowledge and heart for the career; it also takes technical skills to be able to perform the tasks. The Auditor: An Instructional Novella stretches beyond the standard textbooks to reveal the principles and practices of auditing as they are in the real world. The book consists of a few key aspects such as: targets students’ natural curiosity about the field of accounting, supports traditional teaching tools, shapes the potential challenges that awaits public accountants.

Auditor, an instructional novella written by James K. Loebbecke, tells the story of Jack Butler, a man from the San Francisco Bay area, who goes to college, majors in accounting, and goes to work for a large accounting firm referred to as “The Firm.” The story is loosely based upon the real world experiences of the author, and is written to give students a look into the world of public accounting that goes beyond a textbook. The Auditor not only gives students a chance to follow Jack Butler’s journey up the company ladder at The Firm, but also reiterates the relative importance of conventional lessons learned in school.

For me accounting is personal. As an immigrant, life has seldom been easy. It has been marked by continuous sacrifice, unfamiliar settings, and unnerving trials. From an early age I witnessed my parents painstakingly keep track of their income and expenses in order to make ends meet. Such trying moments were the early signs of my inclination towards accounting. In essence, these painful experiences stirred something within me, something that culminated into a passion. After exposure to numerous accountants and academic courses, I was firmly convinced accounting was my calling. In pursuing my calling, I attended Miami Dade Honors College and earned an Associate of Arts Degree in Accounting. Afterwards, I transferred to Florida International University, where I hope to acquire my Bachelor of Accounting in April 2018.

On Wednesday, February 24, 2016, I conducted an interview with Professor Clarissa Wilkerson, JD, CPA. As an accounting major, I am extremely interested in pursuing a career in accounting and am a student in Professor Wilkerson’s class. Her enthusiastic personality continues to inspire me to pursue a career in this field. After explaining my career goals and the details of this assignment, she gladly accepted when I asked if she would be willing to conduct an interview to help me complete this interview report. Professor Wilkerson received her Master’s degree in Taxation from Georgia State University. She is also a licensed Certified Public Accountant (CPA), and has considerable experience in the field of accounting. A few of the topics we discussed were: the importance of teamwork, the way technology is changing accounting, the value of understanding finance and economics in relation to accounting, and the usefulness of receiving a degree in accounting and earning a CPA license.

In the fall of 2012, I enrolled in North Hennepin Community College to pursue an Associate’s Degree in Accounting and my thirst for learning was awakened. I chose accounting because I previously had a background in bookkeeping and I have always enjoyed working with numbers. My goal when I first enrolled in North Hennepin was to acquire an Associate’s Degree, and join the workforce, however as I got closer to finishing my course there I realized I wanted a Bachelors’ Degree because I enjoyed challenging myself and learning material that was critical to my career.

II. Main Point #2. Contrary to popular belief, Accountants, and the tasks that they perform, are an important part of most people’s everyday life.

Describe at least two (2) career options someone with an accounting education can pursue. Be sure to reference sources such as the Bureau of Labor Statistics and the American Institute of Certified Public Accountants.

As an accounting major at the J. Mack Robinson College of Business, I chose to conduct my interview with an Internal Revenue Service manager. The goal of this interview was to seek career advice from a seasoned professional, Mrs. Fulton, and how she became very successful in her position. I was also eager to know what skills and qualities are needed to be an accountant.

Most recently I have been working at a certified public accounting (CPA) firm as an audit associate. A problem many accountants run into is the issue of stereotyping. Accountants tend to be grouped into the perception that they all have boring and introverted personalities. Parker (2000) described the stereotype of an accountant as “introverted, cautious, methodical, systematic, anti-social, and above all, boring!” However, many modern day accountants do not fit this dated stereotype, which causes many college students who are afraid of being considered boring to stay away from majoring in accounting (Francisco, Noland, & Kelly, 2003).

accounting and auditing has emerged. This profession identifies a field composed of accounting, auditing, and

With professions having this tremendous knowledge regarding a company’s financial standing and not being able to disclose the information to the public it can create major investment errors. With these restrictions in place by the AICPA the accountants and auditors “… in a position of having to choose between earning a livelihood or making a proper ethical choice” (Synder, 2011).

What draws me into the field of accountancy? Why do I want to launch a career as a certified public accountant (CPA)? What is there about numbers, spreadsheets, profit and loss statements, audits, inventory and fiduciary responsibility that appeal me? In this paper I will describe in detail the reasons why I am attracted to this field. Also, what are the duties and responsibilities of a CPA? How available are job openings for a person with the education and experience to work as a CPA? How well to companies compensate those hired as CPAs? These questions and issues will be thoroughly reviewed in this paper.

Since middle school, I have been focused on going to a college that will successfully prepare me for a career in engineering. I have known that I wanted to pursue engineering ever since the moment my father introduced me to the world of architecture and engineering. Since he is a home improvement contractor, he was able to teach me about blueprints of previous homes that he had renovated. My father helped me comprehend the various pages of blueprints and later allowed me to help him out in designing a new addition for a client. But before I came to middle school,