EA Origins & Facts
Where is EisnerAmper headquartered?
NYC
What is the purpose of accounting?
To identify, record and communicate financial information.
What does a tax accountant do?
They prepare tax returns and help clients follow tax laws.
What does an Auditor do?
Accountants who specialize in auditing evaluate financial records to validate accuracy. They may focus on internal or external audits to ensure that a company’s income statement, balance sheet, and cash flow statements are in compliance with tax laws, regulations, and all applicable accounting standards.
Are internship opportunities at EisnerAmper paid?
Yes! Our Internships are paid at a competitive rate but all of our internships roles are paid.
M&A is a key part of EisnerAmper's growth strategy. What does M&A stand for?
Mergers and Acquisitions
What type/size of accounting firms are there?
Small/Niche, Mid-Sized and Big 4 (Large)
There are small niche firms that tend to focus on one industry.
There are mid size firms that tend to focus on more industries and are larger than small/niche firms.
Big 4 firms, AKA Deloitte, KPMG, PWC and EY are very large, and expand across the globe and industries.
When is "The National Tax Day", or the typical deadline for filing taxes?
April 15th
During an audit, who provides the financial documents that the auditors review?
The Client! (Or the Company being Audited)
Do all interns need to be accounting majors?
No BUT for our Audit and Tax functions, we primarily hire accounting majors. For consulting roles, we also consider candidates with degrees in Finance, Business Intelligence/MIS, Risk Management, Forensics, and Supply Chain. (Keep in mind that the location will depend on what roles we have for various majors)
Name four states that EisnerAmper is located?
New York, New Jersey, Florida, Illinois, California, Texas, Connecticut, Louisiana, Maryland, Massachusetts, Minnesota, Mississippi, North Carolina & Pennsylvania.
Name three of our service lines
Advisory, Assurance, Outsourcing, Prosperity, Tax, Fund Admin, RESIG, Project Management, EA Digital, FLVS, Valuation, etc.
Income earned from the sale of goods or services is called?
Revenue
What is the name of the CPA section that focuses on Audit?
What is AUD?
Auditing and Attestation (AUD) focuses on auditing principles and practices that are crucial for your success as a CPA.
Are the internship opportunities part-time?
Yes BUT Internships can be either part-time or full-time depending on the service line and location. For a part-time internship, 20 hours a week (minimum) is required. Our summer internships are full-time and requires 32 hours per week.
Interns must live near the office as they are required to be in-office a few times a week.
EisnerAmper has 6 locations outside of the US. Name one of them.
Cayman Island, Ireland, India, Israel, Singapore, Luxembourg
Name four Industries that we serve?
Sports & Entertainment, Real Estate & Construction, Not-for-Profit, Tech & Life Sciences, Healthcare, Insurance, Hospitality, Financial Services, Manufacturing & Distribution ... and more!
What is federal income tax?
The federal income tax is the tax levied by the Internal Revenue Service (IRS) on the annual earnings of individuals, corporations, trusts, and other legal entities.
What type of report do auditors get from a third party in order to rely on internal controls?
SOC Report
True or False: Every EisnerAmper intern is paired with a buddy to help support them through their internship
True!
EisnerAmper will assign you a buddy that is a full-time professional at the firm. Your buddy will serve as a person that you can go to for advice, support, and more on while you are at the firm!
True or False: EisnerAmper is a publicly traded company.
False
Name one CPA exam section
Auditing and Attestation (AUD)
Financial Accounting and Reporting (FAR)
Taxation and Regulation (REG)
BAR
ISC
TCP
When does busy season typically happen?
Busy season in accounting generally falls in the first quarter of the year from January to April
What type of audit is performed by someone outside of the company?
What is an internal audit?
What’s one of the first things EisnerAmper interns typically attend during their onboarding week?
Orientation!
Yes all interns are required to attend orientation. EisnerAmper has a week long orientation experience that will help prepare you for the culture at EisnerAmper, internship expectations, goal setting and more!