What's with Accounting?

[torquay]

Pardon me for my ignorance had this question already been answered or if it is actually common knowledge, but what's with accounting?

Why is it that when I ask a number of people, they say that they want to take up accountancy?

Likewise, why is it that even some in my family are encouraging me to take this course? Is it lucrative? Is it about job opportunities?

Furthermore, (and I believe this is the most pressing question) why is the accounting *culture* so big here in the Philippines?

Thanks! :)

[get_stoned]

first in demand talaga sa Pinas ang mga CPA kahit nga nga accountancy graduate lang papatulan na.

second maganda ang training dito kung gusto mong mag-law malaki ang chance ng mga CPA na maging lawyer.

[FoXMaIDeN_09]

thats true. mas indemand pa sila keysa sa mga nurses ngayon..

[KuyaDanny]

I think every business needs, uses, or has at least one accountant, and every person could use some accounting skills.

[bliss15]

well accounting is boring>.<
in demand but lowly paid
if you want in demand and highly paid then IT is you best bet hehe

[FoXMaIDeN_09]

mataas ang sweldo nang mga cpas because sa mga cpa nakasalalay wealth nila... sila yung nagaccount sa mga loses ng kompanya, konti pagkakamali ng isang accountant, great loss na sa company..

[pexer26]

mataas ang sweldo nang mga cpas because sa mga cpa nakasalalay wealth nila... sila yung nagaccount sa mga loses ng kompanya, konti pagkakamali ng isang accountant, great loss na sa company..

gaga. they are one who records and presents financial statements whether loss or gain in equity sa company. nasa top level management ang dahilan kung bakit ganoon ang performance ng company hindi sa accountants. well its a broad topic pag sinabing accounting but main purpose talaga ng accountants is to maintain the books of the company.

@thread author... dont listen to what your parents ask you to take in college or you'll end up having regrets. it should be your own personal choice not driven by other factors and to tell you MAHIRAP ang accounting.

[cretinous00]

if you're really into the study of business and management, accounting is the best undergrad course i can think of. and it's a great preparation for graduate studies such as law, MBA and MA Econ. go on, take accounting.

[FoXMaIDeN_09]

gaga. they are one who records and presents financial statements whether loss or gain in equity sa company. nasa top level management ang dahilan kung bakit ganoon ang performance ng company hindi sa accountants. well its a broad topic pag sinabing accounting but main purpose talaga ng accountants is to maintain the books of the company.

@thread author... dont listen to what your parents ask you to take in college or you'll end up having regrets. it should be your own personal choice not driven by other factors and to tell you MAHIRAP ang accounting.


tawa naman ako, even non accountants canmaintain the books of the company..
well, sa mga records nagrereflect ang performance ng company...
at sa mga records nagrereflect ang mga decision ng mga top level management..
pag nagkamali ka ng pageentry sa mga records mali ka na, kahit nasobrahan ka na nang zero mali na...
mahirap ang accounting dahil dapat precise ka lagi, kaya may role ang mga accountants para maging tama ang decision para sa top level management

[wazdog]

TS, if you have no clue what accounting is about perhaps it is not for you. Most people find it boring and difficult. Even my friends who work at PWC, KPMG, Deloitte and EY complain about their boring jobs. However, what it lacks in excitement, it easily makes up with job security and solid training. Pay is minimal for the first couple of years.

[shadowfang]

Many are called, but sadly few are chosen..

CPA po ako.. At yes, in demand kami..

Regarding sa salary, depende pa rin yan sa opportunity na nakuha mo..

[aint_friendly]

kung gusto mo ng challenge take accounting :)

[stepehenyan@12]

i find accounting difficult isa ito sa mga minor subjects sa business administration pero sabi ng friend ko na cpa lawyer madali lang ang prublema kasi yung mga professor they try to make it complicated me mga shortcuts yan. magaling talaga dapat mag analyze lalo na pag nasa gobyerno hindi lang sa private companies nag audit ka rin kung nagkaroon ng overpricing sa mga supplies na binili mo which is common sa goverment agencies. indemand talaga sya pero yun ba ang gusto mo kurso? pwede ka naman magshift if you dont have the heart for it.

[Mario_Cimarro]

Some here are quite rude in giving advices. My advice, take up accounting. Kaya mo yan. First year ko grade ko sa Acctg was 2.5 then later on nung may good grasp na ko what Acctg is all about naging Deans Lister pa ako. Konti na nga lang Top Ten na ako sa Board. and I consider myself as just an Average Joe. So kaya mo yan. Bakit Acctg?! Kasi kung CPA ka you have boundless opportunities. Yun lang yun.

[steephen]

tawa naman ako, even non accountants canmaintain the books of the company..
well, sa mga records nagrereflect ang performance ng company...
at sa mga records nagrereflect ang mga decision ng mga top level management..
pag nagkamali ka ng pageentry sa mga records mali ka na, kahit nasobrahan ka na nang zero mali na...
mahirap ang accounting dahil dapat precise ka lagi, kaya may role ang mga accountants para maging tama ang decision para sa top level management

First year Accountancy major.:bashful:
Fallacious hija, patay ka kay Sir Pacquing.:lol: Kung naging Philo prof mo siya.

[pexer26]

tawa naman ako, even non accountants canmaintain the books of the company..
well, sa mga records nagrereflect ang performance ng company...
at sa mga records nagrereflect ang mga decision ng mga top level management..
pag nagkamali ka ng pageentry sa mga records mali ka na, kahit nasobrahan ka na nang zero mali na...
mahirap ang accounting dahil dapat precise ka lagi, kaya may role ang mga accountants para maging tama ang decision para sa top level management


true? then who are they? ang alam ko talaga mga accountants ang may hawak ng books.

[FoXMaIDeN_09]

First year Accountancy major.:bashful:
Fallacious hija, patay ka kay Sir Pacquing.:lol: Kung naging Philo prof mo siya.

hahaha yung fallacy of circular reasoning hahaha,:rotflmao:
pero anyways, may nabalitaan na ako, i forgot which company is that, an accountant alters the records of the company *** makakuha sila ng mataas na part.. then a years after nag downfall na...


to pexer: they are called book keepers not librarians...
book keepin is just a specific job for accountants. many people interchange that..

[wazdog]

It is true that one can be a bookkeeper but not an accountant. Bookkeepers are data entry personel. Leave it to the accountants to do the interpretation and reporting.

[treesyuh]

Im not a CPA nor an accountant but I work for Ernst and Young Indonesia. Sabi ng friends ko from audit, minsan enjoy, minsan hindi. yun nga lang sobrang dami nilang trabaho at deadlines lalo na pag audit season. they need to update theirselves din with the GAAP as it changes every year. complain ng friend ko, nauubusan siya ng oras to socialize and lahat ng naging gfs nya d maintindihan ang trabaho niya dahil kahit weekends pumapasok sila. I work for another service line kaya working hours lang talaga ko pumapasok, overtime lang kung may rush na deadline. i guess nasa interest ng tao yun. ako i wanna be an accountant pero iniisip ko pa. pwede pa kasi kumuha ng masters in accounting and do a CPA program in australia. in aus kasi yung, CPA nila di kagaya ng sa pinas na one test lang. you have to undergo through some phases and take more subjects plus a certain number of years as a practicing accountant to obtain a full membership.

[Prof. Jack]

Daya nga nito eh. Nung gusto ko maging accountant, hindi pa in demand to.

[Ringgold]

Hayss accounting. Kinuha ko yang course na yan kasi sabi nila mahirap daw ang accounting, eh gusto ko naman ng challenging course kasi di ko talaga alam kung ano ang gusto ko noon. At first ganang gana ako sa accounting, 1 agad grade ko. Pero tumagal nabobooringan ako. Kaya nanging management accounting nalang ako ngayon. Anyway wala akong regrets.

Ikaw, nasa sa iyo din yan. Yung iba kung mga ka klase di rin nila alam kung ano accounting nuon. Pero kalaunan na gustohan din nila. Di kagaya ko. Siguro depende lang yan sa tao. I recommend to you na e try mo talaga ang Accountancy baka magustohan mo. It is actually a good course :).

[bliss15]

hehe depende **** yan sa tao
ako CPA na ako pero d ko nmn nagustuhan so career shift ako haha

[pexer26]

hahaha yung fallacy of circular reasoning hahaha,:rotflmao:
pero anyways, may nabalitaan na ako, i forgot which company is that, an accountant alters the records of the company *** makakuha sila ng mataas na part.. then a years after nag downfall na...


to pexer: they are called book keepers not librarians...
book keepin is just a specific job for accountants. many people interchange that..

i know that. books refers to financial records. i am a 2nd yr accounting student. what im trying to question is your statement that "even non-accountants can maintain the books of the company" where i said the 'main' role of the accountants is to maintain the books. i know there are also some fields like auditng wherein you works backwards and look for errors. so back to your statement "even non-accountants can maintain the books of the company"---who are they?

[steephen]

i know that. books refers to financial records. i am a 2nd yr accounting student. what im trying to question is your statement that "even non-accountants can maintain the books of the company" where i said the 'main' role of the accountants is to maintain the books. i know there are also some fields like auditng wherein you works backwards and look for errors. so back to your statement "even non-accountants can maintain the books of the company"---who are they?
Oh dear I don't think so, hindi yan ang main role of Accountants. Sabi mong second year ka na and still hindi parin sa '** malinaw ang role ng isang Accountant, oh well as far as my mind serves me well, CPA's are those who supply the Financial Statements for the users of FS, pwedeng internal or external. So ang pag mementain ng book is just part of their job and not their "MAIN" role.

[FoXMaIDeN_09]

hahaha baka mademalas ako nito :rotflmao:
anyways
sinabi mo kasi "main" hindi yun ang main job ng mga accountants
there job is interpreting for the users of the fs just like steephen said(tama ba spelling)
kung pagmamaintain ang issue mo, well then.. clerks or book keepers maintain the books.
"somecompanies hire "non-accountants" to record there transaction para makatipid then they "rent" auditors from the outside e.g sgv para malaman kung may mali sa mga nagawa ng mga non accountants"
well auditing is only practiced ata by a CPA
i dont think auditing and maintaing are the same

auditing (according to wikipedia)-Audits are performed to ascertain the validity and reliability of information, and also provide an assessment of a system's internal control.

maintaining(according to merriam-webster)-to keep in an existing state (as of repair, efficiency, or validity) : preserve from failure or decline <maintain machinery>2: to sustain against opposition or danger : uphold and defend <maintain a position>3: to continue or persevere in : carry on , keep up <couldn't maintain his composure>4 a: to support or provide for <has a family to maintain> b: sustain <enough food to maintain life>

meron din naman nagmamaintain na books na accountants kung ayaw magtipid ng companya :rotflmao::lol:...

[camisado]

we build public trust.

xo

[meton]

accounting is my passion

[FoXMaIDeN_09]

i know that. books refers to financial records. i am a 2nd yr accounting student. what im trying to question is your statement that "even non-accountants can maintain the books of the company" where i said the 'main' role of the accountants is to maintain the books. i know there are also some fields like auditng wherein you works backwards and look for errors. so back to your statement "even non-accountants can maintain the books of the company"---who are they?

I stand corrected from my previous statement :)
according to fundamentals of accounting by hinayon et al..( not in exact words but almost the same meaning)

Accountants main role is interpreting and analyzing for the users of fs to the internal and external users.
Bookkeeping is updating, maintainace of the books/records. Non accountants that has been properly trained can do bookkeeping.

second year ka na po, dapat mas alam nyo po yan....

:rotflmao:

[pexer26]

hahaha baka mademalas ako nito :rotflmao:
anyways
sinabi mo kasi "main" hindi yun ang main job ng mga accountants
there job is interpreting for the users of the fs just like steephen said(tama ba spelling)
kung pagmamaintain ang issue mo, well then.. clerks or book keepers maintain the books.
"somecompanies hire "non-accountants" to record there transaction para makatipid then they "rent" auditors from the outside e.g sgv para malaman kung may mali sa mga nagawa ng mga non accountants"
well auditing is only practiced ata by a CPA
i dont think auditing and maintaing are the same

auditing (according to wikipedia)-Audits are performed to ascertain the validity and reliability of information, and also provide an assessment of a system's internal control.

maintaining(according to merriam-webster)-to keep in an existing state (as of repair, efficiency, or validity) : preserve from failure or decline <maintain machinery>2: to sustain against opposition or danger : uphold and defend <maintain a position>3: to continue or persevere in : carry on , keep up <couldn't maintain his composure>4 a: to support or provide for <has a family to maintain> b: sustain <enough food to maintain life>

meron din naman nagmamaintain na books na accountants kung ayaw magtipid ng companya :rotflmao::lol:...

oh yeah. my bad. nagresearch ka pa pala. lol.:rotflmao:

since im still a second year, i never had experience auditing but i think only CIAs can perform audit since they are called Certified Internal Auditors but auditing theory is included in CPA board so i guess they can perform it as well but as the cliche goes im only a bagito in this so i never have a good grasp in this info. thanks BTW for the info.

may kakilala kasi ako na CPA and he works in a private company and he said, he is the one in charge of one of the account title so my instinct told me that only accountants holds and maintains books.

so kayo naman is on the corporate world so i respect your opinion. may i know your position in your company sir?

[FoXMaIDeN_09]

sinabi lang yon ng prof ko sa akin :-)

[amilopro]

because in any business, a CPA is always needed since its common knolwedge that a business exists because of profit.

Another reason is because it is very much SKILL-based. It's what differentiates a normal business student from a CPA. An engineer can learn basic business concepts in a week but an engineer can never learn accounting in a week and i dont think its even possible in a year :)

[lockex]

You can probably learn accounting, the whole of it, in six months, if you try hard enough.

[mish acire]

well accounting is boring>.<
in demand but lowly paid
if you want in demand and highly paid then IT is you best bet hehe

sino may sabe? e highest paying job nga yan sa pinas... i agree boring coz mostly mechanical... pero lalangoy ka sa pera... un bayad palang *** ng company para maging loyal(something like that) ka buhay ka na.. :naughty:

[mish acire]

You can probably learn accounting, the whole of it, in six months, if you try hard enough.

good luck sayo te! :bop:

[Juntrix]

oh yeah. my bad. nagresearch ka pa pala. lol.:rotflmao:

since im still a second year, i never had experience auditing but i think only CIAs can perform audit since they are called Certified Internal Auditors but auditing theory is included in CPA board so i guess they can perform it as well but as the cliche goes im only a bagito in this so i never have a good grasp in this info. thanks BTW for the info.

may kakilala kasi ako na CPA and he works in a private company and he said, he is the one in charge of one of the account title so my instinct told me that only accountants holds and maintains books.

so kayo naman is on the corporate world so i respect your opinion. may i know your position in your company sir?

Certified public accountants can perform both internal or external auditing.

Kapag sinabing EXTERNAL AUDIT, it means you are providing an opinion to your client's financial statements (Balance Sheet, Profit and Loss Statement, Cash Flows and Notes) as to its fairness, in all material aspects (materiality concept). Take note that external auditors are not employees of the company being audited.

Kapag sinabing INTERNAL AUDIT in a general sense, it means you are an employee of the company you are auditing and you are testing the effectiveness and efficiency of business operations in a financial sense based on established critera and company policies and procedures.

Let's have an example... sa PLDT, may internal auditors silang mga empleyado. Yun mga empleyado na yun ang trabaho nila eh suriin kung ang mga policies and procedures ba ng company when it comes to financial matters eh nasusunod. Ang external auditor naman ng PLDT ay ang SGV. SGV's role to PLDT eh magbigay ng professional opinion kung ang financial statements ba ng PLDT na ipapublish para makita ng publiko eh reasonable ba o hindi. Hanggang sa financial statements lamang at hindi sa overall operating efficiency and effectiveness ang role ng SGV sa PLDT. Hindi empleyado ng PLDT ang mga taga-SGV.

Regarding the accountant's main role:

Sa sobrang dami ng pwedeng maging role ng accountants, we really cannot say kung ano ang pinaka MAIN.

Also, iba po ang bookkeeping sa accounting. Bookkeeping is not accounting, but accountants use information provided by the bookkeepers. Also, accounting is broader than bookkeeping.

In the traditional view, ang common role talaga ng CPA (meaning, may license to sign Auditor's Reports) eh ang external audit. Pero dahil dynamic na ang mga business structures, ventures and processes, kailangan mag adapt rin ang accountants. Hence, nagkakaroon ng specializations.

Usually after graduation, the first step for most BSA grads is to take and pass the CPA licensure examinations. Kapag nakapasa na, they work for a few years then pwede na silang magpa certify or magpa charter exams depending kung ano ang gusto nila ma specialize. Ito yun mga alam ko...

CMA - Certified Management Accountant
CIA - Certified Internal Auditor
CISA - Certified Information Systems Auditor
CFA - Chartered Financial Analyst

Actually ang CPA lang ang regulated exam. So may mga trabaho na CPA lang ang pwede gumawa (like signing auditor's reports), pero yun mga CMA, CIA, etc... kahit hindi ka certified pwede mo siya i practice.

I'm not sure kung naintindihan niyo ba itong post hehe... Kung may questions kayo regarding this you can PM me pwede ko kayo sagutin. :)

[Juntrix]

You can probably learn accounting, the whole of it, in six months, if you try hard enough.

Probably... if you also agree that you can learn engineering, architecture, law or medicine, the whole of it, in six months, if you try hard enough.

Why did CHED mandate accountancy to be a 5-year program next school year? Maybe because you can learn the whole of it in six months, if you try hard enough? :lol:

Come on... if accountancy was that easy then it should have been just a vocation.

Of course, that's your opinion... and it doesn't come with a price. Ask the CFO of the top companies on how much a CPA's opinion is costing them. ;)

[steephen]

You can probably learn accounting, the whole of it, in six months, if you try hard enough.

:rotflmao: nakakaenjoy naman basahin tong post mo na to.:rotflmao:

[ram_1085]

ako kasi nung kinuha ko na yung course na accoutancy may idea na ko since from 1st year to 4th year hs entrepreneurship na at accounting ang THE subject ko. maganda yung course kasi basta marunong ka lang magbasa at umintindi ng mabuti makukuha mo na yung flow.

kaya sya siguro pinapakuha ng mga relatives mo sayo. kasi pagkagraduate mo sure job na sya. unless tamad ka magapply ha at *** kang diskarte. i mean kumpara kasi sa other business course lamang na lamang ang accountancy. like for example yung management, marketing at entrepreneurship. pwede ka namang maging manager kahit accountancy course mo mas may edge pa nga eh, pwede ka rin sa marketing world kahit anong course mo minsan pa nga may nursing dyan (pero bihirang case) and mas may edge kang maging entrepreneur kung accoutancy ka kasi alam mo magprepare ng accounting records di ka pa magogoyo sa tax. kasi usually pag sole proprietor ka at *** kang alam sa pagreremit ng tax at nagpapagawa lang sila sa accountant. niloloko sila ng accountant pero kung ikaw marunong na matututo kapa kung pano ka makakatipid sa tax. basta alam yan ng accountant.

sa bangko naman instead na banking & finance ang kinukuha nila mas may edge pa rin ang accountancy pag nagapply na. pati sa hospital pwede meron ding accountant. kumbaga lahat ng business na legal kelangan ng accountant. di man accountant ang position pwedeng bookkeeper o auditor o kahit manager. kasi mas priority sila kumpara kung other course yung aapplyan(usually ha di naman sa lahat ng work position).

[ram_1085]

oh yeah. my bad. nagresearch ka pa pala. lol.:rotflmao:

since im still a second year, i never had experience auditing but i think only CIAs can perform audit since they are called Certified Internal Auditors but auditing theory is included in CPA board so i guess they can perform it as well but as the cliche goes im only a bagito in this so i never have a good grasp in this info. thanks BTW for the info.

may kakilala kasi ako na CPA and he works in a private company and he said, he is the one in charge of one of the account title so my instinct told me that only accountants holds and maintains books.

so kayo naman is on the corporate world so i respect your opinion. may i know your position in your company sir?


malawak kasi ang scope ng accounting, and based sa post mo parang di mo pa nga alam ang overview ng accounting profession.

dun sa CIA issue, di lang CIA ang may karapatang magaudit. actually mas preferred nga ng mga corporations ang accountant na magaudit basta galing sa reputable auditing firm. kasi ang pagaaudit mas credible kapag galing sa outside parties like independent auditor (SGV) kumpara sa internal auditor. kumbaga pag may gustong maginvest sa isang company bakit naman nila paniniwalaan yung audit ng internal auditor syempre lutong macau na yun kasi management ang maguutos kung anong gusto nilang palabasin sa FS (since management ang nagpapasweldo sa internal auditor). unlike kung external/independent auditor masisira ang credibility nung firm nila sakaling makipagsabwatan sila. tsaka di ka pwedeng maging internal auditor kung di ka CPA di tulad nung CIA, CMA at iba pa na kahit di CPA pwede kasi nakkuha lang yung sa series of exam di required na CPA ka

dun naman sa friend mo na CPA na may hawak na isang account lang. bawat companies kasi ibat iba ang job description para sa accountant at internal auditor. baka nagwowork yung friend mo sa isang multinational company of course isang account lang yung mahahawakan nya kasi nga masyadong marami yung transaction. dun na pumapasok yung controller kasi sya yung in charge para pagsama samahin o iconsolidate yung report nung mga may hawak nung account.

pero syempre kung small private company lang at isa lang ang accountant syempre hawak na nya lahat ng accounts kasi nga napakagastos naman kung madami pa ang gagawa nun. pero minsan iba yung bookkeeper sa gumagawa mismo nung FS.

dun naman sa even non-accountant can prepare bookkeeping job. noon unang panahon kasi di gano malaki yung discrimination sa CPA and non cpa o non accounting graduate. as long as napeperform mo yung work mo ng tama ok lang. pero ngayon lalo na sa mga malaking private companies yung mga old employees syempre di naman nila pinapaalis pero pag may bagong hired dapat cpa o accouting graduate sila para sa mga work na accounting related.

minsan naman sa di ganong kalakihang companies. let say yung accountant nagresign and may non accounting employee na andun and kabisado na nya yung trabaho sya na lang yung pinapagawa hanggang parang sya na yung accountant kesa kukuha pa sila ng baguhan. so dun nagaarise yung mga ganong sitwasyon.

dun naman sa scope nung job nila, malawak kasi. pag multinational companies pwede kang maging bookkeeper ng isang account lang. minsan hanggang bookeeper 12 pa nga daw pag sobrang laki ng company. pwede ring maging accounting clerk ka, o in charge sa receivable na taga kolekta o payable na taga gawa ng vouchers pero accounting graduate ka. o kaya pwede ring maging auditor, stocktrader, compliance officer, analyst, assistant ng boss mo, teacher, reviewer, mapunta ka sa cashier dept. in short di porket accounting graduate ka accountant ka na at bookkeeping lang ang work mo. depende yun sa napuntahan mong company at kung pano ka swertihin sa promotion baka kasi di ka mapromote dahil competitive yung mga officemate mo o kaya sa isang company na nagresign lahat kaya controller ka kagad. nasa management yun kung anong position ang gusto nilang itawag sa ginagawa mo

[cretinous00]

with the globailzation jig, foreign auditing and law firms can now set up office here. though the stupid constitution will still prevent foreign auditors to sign audit letters or foreign lawyers to appear in court, it's easy to go around that. expect filipinos to prefer the foreign brands all the same.

[camisado]

You can probably learn accounting, the whole of it, in six months, if you try hard enough.

nung college ako.

fundamentals of accounting 1 (sole prop)
fundamentals of accounting 2 (partnership and corpo)
intermediate accounting 1 (assets)
intermediate accounting 2 (liabs and equity accounts)
intermediate accounting 3 (constructive acctg)
cost accounting
advanced accounting 1
advanced accounting 2
finman1
finman2
pom
quanti
law1 (oblicon)
law2 (business orgs)
law3 (sales, agency, credit trans)
law4 (nego)
audit1 (theory)
audit2 (problems)
mas review 1
mas review 2
p1 and toa review
p2 review
computer1 (intro to IT)
computer2 (integrated acctg)
computer3 (ais)
computer4 (dbms)
computer5 (it audit)

pinag-aralan ko yan for four years (along with some minor subjects) nagreview pa ko for five months.


pwede ko naman pala kuhain in 6 months--ALL IN!! i wish i knew better. or i should've TRIED harder. edi dapat pala by the age of 16 CPA na ko. hinintay ko pang mag-bente ako. tsk tsk. at dapat ibahin na ang requirements for taking the board. kahit hindi na BSA mga tao. mag take na lang sila ng all-of-accounting-in-six-month-try-your-hardest-course. aprub!!

[lockex]

Um.. ako rin po kumuha ng lahat ng subject na yan. Accounting din ang tinapos ko. And I'm quite positive na magiging CPA ako in two months(I'm currently a reviewee for the May exams).

Pero sinasabi ko pa rin, pwede kuhanin yan in six months, kung matiyaga lang.

Si Frank Abagnale nga, bar exam, pinasa niya. Kaya rin yang accounting board. Basta motivated ka lang.

[count_olaf22]

nung college ako.

...tsk tsk. at dapat ibahin na ang requirements for taking the board. kahit hindi na BSA mga tao. mag take na lang sila ng all-of-accounting-in-six-month-try-your-hardest-course. aprub!!

Waaaa...OMG, super napatawa ako nito. Everytime i read this, i cant help myself from bursting into laughter. Hahay, naalala ko tuloy classmate ko in college. First day of college, first subject: Accountancy 11. After ma-mention ng prof namin na after you grad, you'll take a 5-month review classes before taking the board exam, one of my classmates shoot his hand in the air and innocently asked, "Prof, if we can hav take the review classess in 5 months, why not take the BSA course in 5 months also." And my prof replied, with the most sarcastic smile, "of course you can, if you wanna die early."

hehehehe.

Waaaaaaaa

[ram_1085]

Waaaa...OMG, super napatawa ako nito. Everytime i read this, i cant help myself from bursting into laughter. Hahay, naalala ko tuloy classmate ko in college. First day of college, first subject: Accountancy 11. After ma-mention ng prof namin na after you grad, you'll take a 5-month review classes before taking the board exam, one of my classmates shoot his hand in the air and innocently asked, "Prof, if we can hav take the review classess in 5 months, why not take the BSA course in 5 months also." And my prof replied, with the most sarcastic smile, "of course you can, if you wanna die early."

hehehehe.

Waaaaaaaa


correct natawa nga rin ako nung makita ko yang post na yan eh. di na lang ako nagcomment baka kasi may magalit. kasi yung nagsabi nyan eh reviewee and nakapagwork na so syempre madali na sa kanya na ireview in 6 months.

ang dami ngang nagsasabi na mga reviewee na kung sila ngang full time reviewee nahihirapan magreview what more kung yung mga working. so meaning kahit graduate na at average na tao nahihirapan pa rin reviewhin yun in 6 months. tapos yun nga kukunin daw yun in 6 months.

actually kaya naman, kung yung tipong 20 hours a day ka magaaral tapos laging nakakondisyon yung isip at utak which is impossible naman. kasi kaya matagal at pinaaabot pa ng 4 years ang course kasi nga di mo naman pwede biglain yung utak ng tao. syempre kaya naman madali na lang sa reviewee intindihin yung topic dahil familiar na sila sa mga terms and napagdaanan na nila yung problems and topics specially yung book ni valix ako nga baka lampas 20 times ko na nabasa yun.di ko pa master yung tatlong volume na yun, ano namang ieexpect mo sa highschool graduate diba? tsaka ang pagiging magaling sa accounting nakukuha kung matyaga kang magsolve kasi dun nahahasa yung galing mo. pano mo naman isosolve yung P1, P2, MAS, TAX, AUD PROB in six months tapos di ka pa familiar sa terms.

kaggraduate mo pa ng high school makakaencounter kang words like assurance engagement, assertions, derivatives, variable and fixed syempre unang una gagawin mo aalamin mo muna meaning nya so matagal, tsaka ang utak ng tao kapag puro aral tapos wlang social life mababaliw ka nyan. kung machine nga umaangal kapag pagod na kasi nasisira what more kung tao. so imposible talaga yung 6months na BSA. pwede pa siguro 2 years.

[johman15]

nung college ako.

fundamentals of accounting 1 (sole prop)
fundamentals of accounting 2 (partnership and corpo)
intermediate accounting 1 (assets)
intermediate accounting 2 (liabs and equity accounts)
intermediate accounting 3 (constructive acctg)
cost accounting
advanced accounting 1
advanced accounting 2
finman1
finman2
pom
quanti
law1 (oblicon)
law2 (business orgs)
law3 (sales, agency, credit trans)
law4 (nego)
audit1 (theory)
audit2 (problems)
mas review 1
mas review 2
p1 and toa review
p2 review
computer1 (intro to IT)
computer2 (integrated acctg)
computer3 (ais)
computer4 (dbms)
computer5 (it audit)

pinag-aralan ko yan for four years (along with some minor subjects) nagreview pa ko for five months.


pwede ko naman pala kuhain in 6 months--ALL IN!! i wish i knew better. or i should've TRIED harder. edi dapat pala by the age of 16 CPA na ko. hinintay ko pang mag-bente ako. tsk tsk. at dapat ibahin na ang requirements for taking the board. kahit hindi na BSA mga tao. mag take na lang sila ng all-of-accounting-in-six-month-try-your-hardest-course. aprub!!

I think this would be quite impossible. Nasasabi lang yan dahil pag graduate ka na and when you look back at the topics na naaral mo na, it seems na you have this feeling na kayang kaya mo pala. But try to picture this, nung college ba kinaya mo agad na iabsorb ang isang accounting subject (topic to be exact like financial accounting) in one week all in all?

Being a CPA requires patience and a deep training in improving the analytical skills and the strong grasp of the accounting principles. You need to learn accounting not just to pass the CPA Exams but also to be prepared for the real world, which I doubt could be done in six months. The same is true with the other professions. A doctor cannot learn to perform surgery in just 6 months or an engineer to supervise a construction project.

[Juntrix]

I think this would be quite impossible. Nasasabi lang yan dahil pag graduate ka na and when you look back at the topics na naaral mo na, it seems na you have this feeling na kayang kaya mo pala. But try to picture this, nung college ba kinaya mo agad na iabsorb ang isang accounting subject (topic to be exact like financial accounting) in one week all in all?

Being a CPA requires patience and a deep training in improving the analytical skills and the strong grasp of the accounting principles. You need to learn accounting not just to pass the CPA Exams but also to be prepared for the real world, which I doubt could be done in six months. The same is true with the other professions. A doctor cannot learn to perform surgery in just 6 months or an engineer to supervise a construction project.

I think camisado is making a sarcastic note to the one who said that one can complete the BSA program in only six months. :)

But I do agree with you. Actually, the CPA board exam only prepares you for the basic technical aspects of accountancy. Actual practice is more complicated and more demanding which requires almost a lifetime's worht of time and effort in order to attain reasonable mastery.

Anyway, the six-month thing is just an opinion... which is not derived from any reasonable basis and is worth empirically nothing, financially speaking. :)

Eh ang auditor's opinion? Magkano yun? :lol:

[Ateneo_CdeO]

Many are called, but sadly few are chosen..

CPA po ako.. At yes, in demand kami..

Regarding sa salary, depende pa rin yan sa opportunity na nakuha mo..

it's true

Many are called, but few are chosen...iyan ang tagline ng JPIA..

I'm still a freshman pero nararamdaman ko na parang hindi ito ang course para sa akin....so challenging...analysis kasi...

bigyan mo naman ako ng advice kung paano mag-survive...

[camisado]

teka nakalimutan ko pa palang isama ang sumusunod na subject sa 6month course ko:

tax1 (income taxation)
tax2 (business and transfer)
BLT review
at isa pang computer subject na systems analysis and design

===

and to state the obvious, i'm not being sarcastic.

xo

[AngTagapaglipol]

Im not a CPA nor an accountant but I work for Ernst and Young Indonesia. Sabi ng friends ko from audit, minsan enjoy, minsan hindi. yun nga lang sobrang dami nilang trabaho at deadlines lalo na pag audit season. they need to update theirselves din with the GAAP as it changes every year. complain ng friend ko, nauubusan siya ng oras to socialize and lahat ng naging gfs nya d maintindihan ang trabaho niya dahil kahit weekends pumapasok sila. I work for another service line kaya working hours lang talaga ko pumapasok, overtime lang kung may rush na deadline. i guess nasa interest ng tao yun. ako i wanna be an accountant pero iniisip ko pa. pwede pa kasi kumuha ng masters in accounting and do a CPA program in australia. in aus kasi yung, CPA nila di kagaya ng sa pinas na one test lang. you have to undergo through some phases and take more subjects plus a certain number of years as a practicing accountant to obtain a full membership.


Apa Khabar Bu Gua lagi di indonesia juga. Dari Deloitte.

[sanch22screw]

oh yeah. my bad. nagresearch ka pa pala. lol.:rotflmao:

since im still a second year, i never had experience auditing but i think only CIAs can perform audit since they are called Certified Internal Auditors but auditing theory is included in CPA board so i guess they can perform it as well but as the cliche goes im only a bagito in this so i never have a good grasp in this info. thanks BTW for the info.

may kakilala kasi ako na CPA and he works in a private company and he said, he is the one in charge of one of the account title so my instinct told me that only accountants holds and maintains books.

so kayo naman is on the corporate world so i respect your opinion. may i know your position in your company sir?
Pexer 26,

You are now a 2nd year accountancy student right? By now you should already know what course you are taking, kasi para kang naglalakad sa isang madilim na lugar na hindi alam ang patutunguhan. Because when things get tough in your accounting studies, your perception about your profession will really help you decide wisely and effectively. KAsi very worthy talaga ang mga sacrifices mo kapag CPA kana, marami ka kasing pagpipilian, public practice, audit, accounting or business professor, o private consultant.

At saka hindi ba diniscuss sa inyo ang apat na associations ng PICPA for different related fields (i.e. GACPA, ACPAE, ACPACCI, ACPAPP--i'm not sure if these are the true abbreviations)..

[speeka]

You can probably learn accounting, the whole of it, in six months, if you try hard enough.

Pwede.. pero hindi ka nga lang makakapasa ng boards (even if you try hard enough, unless you're albert einstein..:rotflmao:). Saka pag nagtrabaho ka as an accountant, puro misstatements ang libro ng kumpanya mo. Adverse opinion ang ibibigay ng external auditor mo. :lol:

[deemax]

teka nakalimutan ko pa palang isama ang sumusunod na subject sa 6month course ko:

tax1 (income taxation)
tax2 (business and transfer)
BLT review
at isa pang computer subject na systems analysis and design

===

and to state the obvious, i'm not being sarcastic.

xo

saan school ka po nanggaling?:bashful:

[Ateneo_CdeO]

nung college ako.

fundamentals of accounting 1 (sole prop)
fundamentals of accounting 2 (partnership and corpo)
intermediate accounting 1 (assets)
intermediate accounting 2 (liabs and equity accounts)
intermediate accounting 3 (constructive acctg)
cost accounting
advanced accounting 1
advanced accounting 2
finman1
finman2
pom
quanti
law1 (oblicon)
law2 (business orgs)
law3 (sales, agency, credit trans)
law4 (nego)
audit1 (theory)
audit2 (problems)
mas review 1
mas review 2
p1 and toa review
p2 review
computer1 (intro to IT)
computer2 (integrated acctg)
computer3 (ais)
computer4 (dbms)
computer5 (it audit)

pinag-aralan ko yan for four years (along with some minor subjects) nagreview pa ko for five months.

Pag-aaralan ko pa iyan in the years to come pero hindi parin ako sigurado kasi nahihirapan ako. Sana maka-proceed pa ako. Sana talaga.

[mannyboy21]

teka nakalimutan ko pa palang isama ang sumusunod na subject sa 6month course ko:

tax1 (income taxation)
tax2 (business and transfer)
BLT review
at isa pang computer subject na systems analysis and design

===

and to state the obvious, i'm not being sarcastic.

xo

regarding your comments, wag ka sana magagalit pero wag na sana magbigay ng weakling comments kasi maddegrade lang ang cpa profession natin. naging cpa tayo hindi dahil nakapasa sa board exams, kung di malawak ang ating pagiisip. wag sa iisang factor lang ang maging basis. madami factors. use your skills. peace *okay*

[lockex]

Pwede.. pero hindi ka nga lang makakapasa ng boards (even if you try hard enough, unless you're albert einstein..:rotflmao:). Saka pag nagtrabaho ka as an accountant, puro misstatements ang libro ng kumpanya mo. Adverse opinion ang ibibigay ng external auditor mo. :lol:

Hehe. Sabi na nga ba ang daming magrereact sa sinabi ko. Mappride yung mga accountants eh.

Wala lang, ramdam ko lang naman kasi na hindi talino kelangan mo sa accounting, kundi tiyaga. Parang ang liit ng potential for creativity, unless na nasa standard setting body ka(and I mean nasa IASB or FASB, dahil ang mga walang kwentang nasa FRSC eh adopt lang naman ng adopt) o kaya isang Ph.D. holder na maraming pinublish na works on accounting scholarship. Technical kasi siya masyado imbes na theoretical, yun ngang theory niya eh napaka-onting tao lang ang nagde-develop.

So feeling ko in six months, kung may medyo above average na magtiyatiyaga eh kaya naman niyang mapag-aralan lahat ng subject for the CPA board exams eh. Paulit ulit lang naman halos.

[camisado]

regarding your comments, wag ka sana magagalit pero wag na sana magbigay ng weakling comments kasi maddegrade lang ang cpa profession natin. naging cpa tayo hindi dahil nakapasa sa board exams, kung di malawak ang ating pagiisip. wag sa iisang factor lang ang maging basis. madami factors. use your skills. peace

http://i80.photobucket.com/albums/j182/swiftian/irony/irony6.jpg

[pedropinduko]

Hehe. Sabi na nga ba ang daming magrereact sa sinabi ko. Mappride yung mga accountants eh.

Wala lang, ramdam ko lang naman kasi na hindi talino kelangan mo sa accounting, kundi tiyaga. Parang ang liit ng potential for creativity, unless na nasa standard setting body ka(and I mean nasa IASB or FASB, dahil ang mga walang kwentang nasa FRSC eh adopt lang naman ng adopt) o kaya isang Ph.D. holder na maraming pinublish na works on accounting scholarship. Technical kasi siya masyado imbes na theoretical, yun ngang theory niya eh napaka-onting tao lang ang nagde-develop.

So feeling ko in six months, kung may medyo above average na magtiyatiyaga eh kaya naman niyang mapag-aralan lahat ng subject for the CPA board exams eh. Paulit ulit lang naman halos.
Kahit na. Joke pa rin ang six months mo. At walang kinalaman ang pagiging mapride ng mga accountants doon. Huwag ka naman mashadong mag-magaling.

For an analogy, note that accounting is the language of business. If you learn Chinese, French, Japanese language, etc., is 6 months enough for you to be truly fluent and to converse properly with the language?

I do not care if you are a CPA or not. Your opinion is just plain stupid and exagerated.

[jag'd.lil.pill]

Hehe. Sabi na nga ba ang daming magrereact sa sinabi ko. Mappride yung mga accountants eh.

Wala lang, ramdam ko lang naman kasi na hindi talino kelangan mo sa accounting, kundi tiyaga. Parang ang liit ng potential for creativity, unless na nasa standard setting body ka(and I mean nasa IASB or FASB, dahil ang mga walang kwentang nasa FRSC eh adopt lang naman ng adopt) o kaya isang Ph.D. holder na maraming pinublish na works on accounting scholarship. Technical kasi siya masyado imbes na theoretical, yun ngang theory niya eh napaka-onting tao lang ang nagde-develop.

So feeling ko in six months, kung may medyo above average na magtiyatiyaga eh kaya naman niyang mapag-aralan lahat ng subject for the CPA board exams eh. Paulit ulit lang naman halos.


So kung feeling mo 6 mos okay na. Ilang months ang course mo? 2 mos? or 8 mos?

We are talking months di ba? :lol:

[pexer26]

thanks for the wisdom po mga CPA executives! im not taking any hearsays from people who doesnt belong to corporate world. im enlightened na po. lol. please dont discriminate naman people. if you want to correct somebody, educate them ok? lol. feeling ko naman ang bobo ko. sorry talaga. lol. gusto ko na mag-shift. dumadami na pimples ko sa pagpupuyat. thanks for answering my queries. mabuhay kayo. peace out.

ive been thinking mga boss if ever gusto ko mag-shift to another job-wise course, what would it be and why? gusto ko magIT. i think its the easier path for the 'kachings' to come by. lol. mas mahirap daw pumasa ng CPA board kaysa sa BAR exams. watchathink po?

dun sa nagsabi na in 6 months you can learn accounting, mas madaling sabihin kesa gawin by infinite means.

[ram_1085]

thanks for the wisdom po mga CPA executives! im not taking any hearsays from people who doesnt belong to corporate world. im enlightened na po. lol. please dont discriminate naman people. if you want to correct somebody, educate them ok? lol. feeling ko naman ang bobo ko. sorry talaga. lol. gusto ko na mag-shift. dumadami na pimples ko sa pagpupuyat. thanks for answering my queries. mabuhay kayo. peace out.

ive been thinking mga boss if ever gusto ko mag-shift to another job-wise course, what would it be and why? gusto ko magIT. i think its the easier path for the 'kachings' to come by. lol. mas mahirap daw pumasa ng CPA board kaysa sa BAR exams. watchathink po?

dun sa nagsabi na in 6 months you can learn accounting, mas madaling sabihin kesa gawin by infinite means.



siguro nasasabi mo pa lang na mahirap kasi naguumpisa ka pa lang, lahat naman ng course mahirap talaga sa simula kasi inaalam mo pa lang yung basic, mga terms at techniques. siguro pag nasa cost accounting kana and up lalo na kapag nasa 4th years ka na, dun mo maappreciate ang accounting, tapos paulit ulit mong sasabihin ah ganun lang pala yun ang ***** ko naman dati. kahit ako nasabi ko din yan sa sarili pati mga classmates ko. basta konting tiis lang nasa right path ka naman. pagbutihan mo lang at lagi mong isipin na kahit nasusuka ka na sa accounting, nageenjoy ka pa rin, wag mong isipin na hay naku magsosolve na naman ako, basta isipin mo challenge ang lahat di mo iniiisip na pabigat yan sa buhay mo, pagnatutunan mo yung ganung attitude dun mo maappreciate ang accounting. dun sa mga nageexcel sa accounting subjects kahit di naman talaga sila dating matalino. malamang narealize nila yung sinasabi ko.

kung nadadalian ka sa computer games o kahit computer subj, diba kapag meron kang di alam usually inaalam mo kung pano mo matutunan yun baka nga nagbabasa ka pa ng books or magazines or internet, todo effort talaga. bakit di mo iaapply yun sa accounting, kapag meron kang di alam maglibrary ka para matutunan. di mo magawa kasi accounting yun. so nasa isip lang tlaga yung problema. pag nagrealize mo kung pano mo sosolusyunan yung weakness mo gagaling ka din. yun ang pagtuunan mo ng pansin at hindi yung paghanap ng another na problema tulad ng pagshift kasi malamang may iba na namang problema dun.

tulad nung nauna ko ng post mas may edge ang accounting compared sa ibang business course. kung sa IT naman. swertehan din kasi ang makakuha ng magandang position dyan. usually encoder or clerk ang bagsak nya kung di ka kagalingan then magwowork ka sa office na parang accounting clerk dun mo marerealize na dapat pala tinuloy ko na yung accounting ko dati eh ganun din naman pala ginagawa ko ngayon.kaya lang di ka mapromote kasi nga di ka naman BSA, marami akong kakilala na ganyan ang nangyari kaya nagsecond course at nag BSA ulit. kung talagang linya mo ang IT why not dun ka ba talaga magaling. pero kung pinili mo ang IT kasi nahihirapan ka sa Accounting, di wise decision yun. ako nga gusto ko rin magcomp sci pero inuna ko accounting kasi alam kong may future. basta tiis tiis ka lang.

about naman sa law, mahirap icompare ang law sa accounting kasi ang accounting more on analyzation ang law reasoning ang analyzation na rin. ang ang law *** halos computation. magkaiba talaga sya sobra. pero marami nagsasabi na mas mahirap daw ang accounting kesa law. ewan ko pano nila napagcompare yun eh totally magkaiba naman.

[Prof. Jack]

it's true

Many are called, but few are chosen...iyan ang tagline ng JPIA..

I'm still a freshman pero nararamdaman ko na parang hindi ito ang course para sa akin....so challenging...analysis kasi...

bigyan mo naman ako ng advice kung paano mag-survive...

Ganyan rin ako. Actually I've made up my mind already. I'm not gonna push through. Sayang yung time eh. Besides, I chose accountancy because of the benefits of being one. Eh ngayon ko lang naman narealize na, walang kwenta kung hindi ko rin naman gusto yung ginagawa ko. I'll try to find the best course for me.

[treesyuh]

Apa Khabar Bu Gua lagi di indonesia juga. Dari Deloitte.

baik baik donk. pasti loe kenal teman teman gw dari ey. :) kamu ikutan badminton gak? kita udah OT disini. haha!

[xiannian]

it's true

Many are called, but few are chosen...iyan ang tagline ng JPIA..

I'm still a freshman pero nararamdaman ko na parang hindi ito ang course para sa akin....so challenging...analysis kasi...

bigyan mo naman ako ng advice kung paano mag-survive...

DONT GIVE UP!! yakang yaka mo yan.. hehe freshmn ka pa lang,.. marami ka pa pagdadaanan.. dumaan din ** s point n yan during Financial Acctg. as in to the extent na uuwi ** na lambot na lambot na feeling q hanggang dun na lang at tipong next sem eh isusuka na q ng course.. pero nung nakita q nmn ang grade q--- maganda nmn ***.. hehe nparanoid lang *** q when i had the thought na hindi q n kaya..

basa lang ng basa.. maiintindihan m yan!!!.. *okay*

[trizha]

Accounting kasi is all encompassing.

When it comes to any business course, its a mixture of everything.

That is why it is always recommended to take accountancy amongst other business courses, for one you can be a certified professional. No other business course has a board.

2nd if and when you decide that you dont want to focus on financial accounting, marami ka pang alternatives, you can be auditor, professor, analyst, lawyer, or just like me, IT consultant (specializing in financial system)

3rd the course is one of the quota courses, kahit saang university ka pa magenroll, it is in ranks with engineering, medicine, architecture wherein you need to have a certain grade and achieve a certain mark in the entrance exam before you are eligible to take the course.

4th every business, small or large scale needs an accountant or bookkeepper or accounting staff, makes it easy to find job.

[Selene11]

Hi everyone! I'm new here and I am an incoming junior at DLSU. What's with Accounting? Others say that it is plain boring and repetitive. For me, Accountancy is one hell of a difficult course. It's not easy but when you work hard and you reap the fruits of your labor it's satisfying. I feel contented.

I look forward to learning more. Aside from the challenge this course gives me, I also considered the job opportunities. I always look at the classified ads on newspapers and I always see a company in need of an accountant.

I also read someone posted that one can learn everything in just 6 months??? My reaction: Umm okay. That's your opinion. Good luck nalang sa iyo. Ikaw na ang magaling. *^_^V peace po*

*ANIMO accountancy!* wish I'd be a CPA someday

[tawkytawny]

Heto ang motto ko kaya ako kumuha ng Accounting course:

"Accountants are first to be hired (by newly started companies) and the last to be fired (by liquidating companies)"