Public Accountant
What is the typical entry level salary for a public accountant?
$40k - $60k a year
What do Public Accountants do?
Advises on financial matters, prepares tax documents, manages financial information. Duties vary per specific organization
What degree is best for Accounting?
Accounting Degree?
How does Accounting and Finance interact?
Accounting provide financial reports that Finance uses to make important decisions and strategies.
LinkedIn, Facebook, and Instagram
What is the typical experienced salary of a public accountant?
$100k+
What do Management accountants do?
Aid in decision making for costs, budget prep, performance evaluation, and investment decisions.
When should you get an internship?
Summer after sophomore and junior year
How does ITS and Accounting Interact?
Technology has removed time-consuming, manual tasks and allowed Accounting to focus on data analysis, tax strategy, and predictive insights.
What technology is going to impact the accounting field within the next 3-5 years
AI
To whom do Public Accountants report to?
VP in a department of the CFO
Keep track of transactions, debits, credits, financial statements, payroll, purchases, and overdue accounts
How many accounting or business related credits do you need to get a CPA?
24
How does Marketing and Accounting interact?
What does CPA stand for?
Certified Public Accountant
Name 2 stakeholders discussed for Public Accountants
Investors, Employees, Suppliers, Creditors
What do Auditing Clerks do?
Responsible for mathematics and accuracy of figures and documents
What honor society (that is offered at Lehigh) is focused on accounting?
Beta Alpha Psi
How does Human Resources and Accounting interact?
Accounting makes sure that they provide accurate payroll records such as employee earnings, tax withholdings, and deductions.
What kind of math knowledge do accoutants need to know how to do quickly?
Name one determinant of success for a Public Accountant
Contribution to good profit margin
Client Quantity
What do Forensic Accountants do?
Help investigate white-collar crime and tax fraud. Investigate criminal financial transactions.
What software is useful to know to be competitive in the accounting field?
Excel and Quickbooks
How does Accounting and Supply Chain Management interact?
Accounting can help identify the most cost-efficient operational structure that optimizes resource allocation, inventory management, and procurement strategies.
Name 1 person we interviewed in the accounting field
Scott Cole and Brian Buzgo