Currently, the management problem which I am facing is whether to do a CPA right after my undergrad or not? Because, I always want to do some full time job right after I graduate from Baruch so I can get some expericence of the business world. But the problem which is stand up in front of me is that SEC is going to change the accounting standard from GAAP(Generally Accepted Accounting Principles) to IRFS, which is International Financial Reporting Standard. This changes is going to occur between 2010 to 2015 and after that time if I do CPA I will have to give exam in IRFS. Along, with this I also need to learn the IRFS rules of doing accounting.
So, I am confused should I just get over with CPA as soon as I finish my Undergradute degree or should I wait for Two years to get experience and then I take CPA exam. I have been Tackling this problem from last year. Even if, I take the exam Between 2010 to 2015 I still need to know more info about IRFS But I don't know how I am going to do this.
So, I am confused should I just get over with CPA as soon as I finish my Undergradute degree or should I wait for Two years to get experience and then I take CPA exam. I have been Tackling this problem from last year. Even if, I take the exam Between 2010 to 2015 I still need to know more info about IRFS But I don't know how I am going to do this.
3 comments:
hey, I understand what you are going through because I know a couple of my friends also thought of that but some of them are doing the course for the test along with college so they are fully prepared by the time they graduate and they also are interning after school so gaining experience as well. When they graduate they plan to take the test and then continue to work, hopefully by getting a job in the place they are currently interning at. I hope this helps you in any way.
I understand exactly what you are going through because I was debating this same problem for a while. I’m also an accounting major and I decided to take the test right after I graduate. I started studying for the CPA exam last summer. After you graduate and start working full-time you will gain the experience to understand the IRFS rules of accounting. From what I’ve heard, the international rules of accounting aren’t that different from GAAP. I hope this helps!
Hey, guys Thank you so much for your Comments.
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