"Is your college or university looking to support a truly great initiative? Continued awareness is the key to long-term success of this national initiative. A student project-based learning initiative allowing your students to submit RFP's, earn income, and work w/businesses."
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150 
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Term Of The Day: Logical (1) Refers to a user’s view of the way data or systems are organized. The opposite of logical is physical, which refers to the real organization of a system. For example, a logical description of a file is that it is a collection of data stored together. This is the way files appear to users. Physically, however, a single file can be divided into many pieces scattered across a disk. (2) Refers to any Boolean logic operation. |
A: The qualifications to get a job as an accountant with no experience include education, analytical and mathematical skills, and good interpersonal communication abilities. In terms of education, you need a bachelor's degree in accounting, finance, economics, or statistics.
A: Any job related to accounting and bookkeeping tasks such as preparing financial statements, cash collections and recording, disbursement, purchasing, and internal audit qualify as experience.
A: Gaining the necessary experience
involves the use of consulting, tax, financial advisory, management advisory, compilation, attest or accounting skills.
Be gained through employment in government, private industry or public industry. Employment in academia does not fulfill the requirement.
Generally, an accountant or owner oversees a bookkeeper's work. A bookkeeper is not an accountant, nor should they be considered an accountant. Bookkeepers record financial transactions, post debits and credits, create invoices, manage payroll, and maintain and balance the books.
A: Good organizational abilities. Excellent numerical and analytical skills. Knowledge of accounting and financial reporting competencies. Proficiency in MS Office and competency in computer software is great experience to have as well.
A: Having the ability to manage multiple projects, timelines, business needs, reporting deadlines, filing deadlines and personalities - that's a hard skill to master.
A: Certified Management Accountants must have two years of experience in management accounting and pass an examination offered by the Institute of Management Accountants.
A: Revenue Recognition Principle
Cost Principle.
Matching Principle
Full Disclosure Principle
Objectivity Principle
A: Many accountants are leaving the profession due to dissatisfaction with pay and benefits. A recent survey found that nearly one-third of respondents said they were not satisfied with their current salary, and nearly half said they were not satisfied with their benefits.
A: The overall CPA Exam pass rates hover slightly below 50%. This makes passing the CPA Exam a difficult, but achievable, goal. You'll need to study wisely, set a strategy for managing your time, and call on your support network, but with the right plan and good study materials, you will conquer it.
A: Junior accountant.
An entry-level accounting position, usually reporting to any of the higher level accounting positions, or in smaller companies, to the controller. They may or may not have a bachelor's degree, and their main responsibilities will usually include reconciling accounts and preparing preliminary reports.
